International Journal of Legal Information the Official Journal of the International Association of Law Libraries Volume 36 Issue 2 Summer 2008 - Global Challenges & the Indian Legal System 3-2-2009 Article 8 The Indian Legal System B. N. Srikrishna Chairman of the Sixth Pay Commission of the Government of India Follow this and additional works at: http://scholarship.law.cornell.edu/ijli The International Journal of Legal Information is produced by The International Association of Law Libraries
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THE LEGAL FRAMEWORK OF NON-INTEREST BANKING IN NIGERIA BY AISHA‚ MAHMOUD H. DEPARTMENT OF ACCOUNTING AHMADU BELLO UNIVERSITY‚ ZARIA AND OMOLOLA‚ ADEGBENGA O. DEPARTMENT OF ACCOUNTING AHMADU BELLO UNIVERSITY‚ ZARIA DECEMBER‚ 2012 Abstract A Central Bank (CB) in any economy is regarded as the apex regulatory institution of the Banking Sector and indeed the entire financial system. This is in view of the fact that it is empowered by law to (amongst others functions)
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AMERICAN LEGAL SYSTEM The US legal system has several layers‚ more possibly than in most other countries. The Constitution is the main power of the US legal system. It was adopted in 1787‚ and ratified in 1788. The Constitution sets strict boundaries between federal and state law and also divides legal system into 3 branches of government: legislative‚ executive‚ and judicial branches. It creates a “separation of powers” between each branch and creates system of “checks-and-balances” to prevent
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Every citizen is protected under the Federal Constitution which entrenches certain ‘fundamental liberties’. In this context‚ explain what is meant by ‘fundamental liberties’ and state the main liberties so entrenched in the Federal Constitution. (10 marks) (This question tests the candidates’ knowledge on ‘fundamental liberties’ as provided for in the Federal Constitution.) The phrase‚ ‘Fundamental Liberties’‚ refers to certain rights‚ which may be considered as basic and essential to ensure the freedom
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The current legal system of England‚ governed under common law‚ has evolved over many centuries and has changed considerably over time. Although the modern courts may be different from their predecessors‚ the court system is of ancient existence and many present day rules derive from it today. This essay will focus on the principal sources of the English Legal System in the order of their constitutional importance by providing examples of each source. The main sources that will be covered are European
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An Explanation of the Legal Reserve System The economic challenges that we face in today’s world have become second only to the great depression. The recent collapses of banks and large corporations in our country have made people scramble for a place that has security. We are asked often‚ "Where can we place assets that provide safety and security in uncertain times"? One place that should be considered is life insurance companies that have a Legal Reserve classification. Life companies that comply
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The Evolution of the Labor and Management Relationship James C. Poll Salt Lake Community College The Evolution of the Labor and Management Relationship Thesis: There has been a dynamic tension in the relationship between labor and management since the beginning of recorded history that remained largely unchanged. The introduction of psychology theory in recent‚ modern history changed the nature of labor and management relations and business but worker unions flourished. The dynamic
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The Russian legal system is operated as a civil law system meaning they follow the law based on written codes. Russian Civil Code is the primary source of civil law and the civil code spells out certain basic principles. Under Russian Law‚ foreign individuals and companies enjoy the same rights to sue and be sued in Russian Courts as Russian natives and companies. The court system is divided into three separate parts: 1. The Constitutional Court of the Russian Federation which focuses on ensuring
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Discuss the Foundation of Development Management‚ compare & contrast to the Theories of Modernization and Dependency. SDM 201222101028 Level 100 Ghana Christian University College DCM 1101‚ Introduction to Development Management Lecturer: Mr. Chris Annin Dei Date: 8th August 2013 Word Count: 1‚500 Table of Content Pg. Introduction 3 Definition of terms 4 Foundation of Development Management 4/5 Modernization Theory 5 Dependency
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Indian Legal System The Indian Legal System is one of the oldest legal systems in the entire history of the world. It has altered as well as developed over the past few centuries to absorb inferences from the legal systems across the world. The Constitution of India is the fountainhead of the Indian Legal System. It demonstrates the Anglo-Saxon character of judiciary which is basically drawn from the British Legal System. The primary origins of law: * The Indian Constitution * The Indian
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