"Exploring the Journey of Suresh Babu MG: Inspiring Success at GFGC Gauribidanur"

  Foreign Exchange Management Act (FEMA) & Foreign Exchange Regulation Act (FERA) Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999. This new Act is in consonance with the frameworks of the  World Trade Organisation  (WTO). It also paved the way for the Prevention of Money Laundering Act, 2002 which came into effect from July 1, 2005. This topic would be of importance in the  IAS Exam  for both Prelims and Mains. Applicable to Bcom students as well. What is FEMA? It is a set of regulations that empowers the Reserve Bank of India to pass regulations and enables the Government of India to pass rules relating to foreign exchange in tune with the foreign trade policy of India. Which Act did FEMA replace? FEMA replaced an act called Foreign Exchange Regulation Act (FERA). What is FERA and when was it passed? FERA (Foreign Exchange Regulation Act) legislation was passed in 1973. It came into effect on January 1, 1974.

  How to Get a Patent in India: Everything You Need to Know Source online, Google, Indian Patents.com Table of Contents What is a patent What inventions are patentable  What inventions are non-patentable How to get a patent in India Steps for application of patent Benefits of getting a patent Imagine you have invented a software-based game kit for kids. Initially, you were not sure if people would like the idea or not. But after about a year of launching it, you see the demand and love for it rising.  Suddenly, you worry that someone else will copy your idea and you will lose your identity? Well, sit back and relax because we have come a long way when it comes to safeguarding an individuals’ right on his or her invention. You can establish sole ownership over your inventions by registering for a patent under the Indian laws. Read this article to know this in detail.  What is a patent A patent is a legal document that is granted by the government of the state or the country, depending o

  SUBJECT: BUSINESS LAW CLASS:MMRB SEMEster:6   UNPAID SELLER: ACCORDING to sec45(1) of sale of goods act, seller of the goods is deemed to be unpaid seller:   (A)   WHEN whole of the price has not been tendered or paid, or   (B) WHEN bill of exchange or negotiable instrument has been received as a conditional payment.   section45(2) says The term seller include any person who is in position of seller ,agent who himself pay or is directly responsible for the price 0r an agent of the seller to whom bill of   lading has been endorsed ,or a consignor or agent who himself paid or is directly responsible for the price AND the seller of goods can be deemed to be an unpaid seller: 1. if the price become due but they r not paid. HE Must have an immediate right of action for the price.   2. A BILL of exchange or negotiable instrument was