Question
Risks that could arise due to legal actions or
uncertainty of interpretations of contracts & agreements is calledSolution
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i)Â Â Â Â Â Â Â Â Â Â Â claims against institution, (ii)Â Â Â Â Â Â Â Â Â Â fines, penalties, punitive damages, (iii)Â Â Â Â Â Â Â Â Â unenforceable contracts resulting from defective documentation, and (iv)Â Â Â Â Â Â Â Â loss of institutional reputation
Abetment of suicide is punished with ________________________
As per the of the Arbitration & Conciliation Act, 1996, what is the rate of interest that a sum directed to be paid by an arbitral award shall carry, un...
Under the Insurance Act the appeal filed before the National Company Law Appellate Tribunal shall be dealt with by it as expeditiously as possible and e...
Who can prefer an appeal to the Appellate Tribunal from an order referred to under section 53A(a) of the Competition Act, 2002?
If Judgment Debtor obstructs delivery of possession of property______?
When A Ltd. and B Ltd. go into liquidation and a new company X Ltd. is formed, it is a case of:
Who are not competent to Contract as per the Contract Act?
As per the Consumer Protection Act, 2019 the headquarters of Central Consumer Protection Authority shall be in?
Takeover/acquisition of shares of listed companies in India are governed by the provisions ofÂ
According to the Arbitration & Conciliation Act, what is the provision related to confidentiality in conciliation proceedings?
