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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) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
Which of the following statements accurately reflects the provisions of Section 6 of the Specific Relief Act, 1963?
In case of execution of decree against the Union of India, it shall ______________________.
A person, who desires to obtain any information under the RTI Act, shall make a request _________________ of the area in which the application is being...
What are the characteristic features of a company?
“Volenti non fit Injuria” a principle of Tort Law, has a similar principle incorporated under which provision of the Indian Penal Code?
Under limitation Act applicant includes:
According to the Sale of Goods Act, when is a seller deemed to be an "unpaid seller"?
The President gives his resignation to the:
What is the time period by which the Adjudicating Authority may by order extend the duration of corporate insolvency resolution process beyond one hundr...
Who are the persons who are not eligible to make an application for the initiation of the corporate insolvency resolution process under the IBC?
