Legal entities Current Affairs, GK & News

Plea for Legal Entity Status to Animals

The Supreme Court recently heard a petition that seeks legal entity status to the entire animal kingdom. The Chief Justice of India observed that the status involves giving animals a legal personality. What does this mean? Currently, Animals are protected by laws like the Prevention of Cruelty to Animals Act. But, giving legal entity status ..




Injeti Srinivas Committee to look into offences under the Companies Act

The government has constituted a committee under Injeti Srinivas, secretary of the Corporate Affairs Ministry to look at recategorization of certain offences under the Companies Act as civil offences as well as review other provisions of the Companies Act and the Limited Liability Partnerships Act 2008. Mandate of the Committee The committee will look into ..


RBI proposes setting up of web portal for quick Agri Loans

The report of the RBI Internal Working Group to Review Agricultural Credit has recommended the Indian Banks’ Association to introduce a web portal on the lines of PSB Loans in 59 Minutes to allow quicker credit access for the agriculture sector. The RBI had announced the setting up of committee in February to review the ..