Foreign Investments In India

13 February 2016

Foreign Investments In India Q. 1. What are the forms in which business can be conducted by a foreign company in India? Ans. A foreign company planning to set up business operations in India may: • Incorporate a company under the Companies Act, 1956, as a Joint Venture or a Wholly Owned Subsidiary. • Set up a Liaison Office / Representative Office or a Project Office or a Branch Office of the foreign company which can undertake activities permitted under the Foreign Exchange Management (Establis...

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Eldest Woman Member Can Be Karta Of Hindu Joint Family, Rules Delhi HC

1 February 2016

Eldest Woman Member Can Be Karta Of Hindu Joint Family, Rules Delhi HC 1st February, 2016 : At a time when women are fighting for their right to enter temples, the Delhi high court has ruled in a landmark verdict that the eldest woman member of a Hindu undivided family can be its karta (manager of the family and its properties). Extending the meaning of Section 6 of the Hindu Succession Act, which brings women on a par with men with regard to inheritance in a Hindu undivided family (Huf), Justic...

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