May 2023

Laws Governing Education Loans In India

Laws Governing Education Loans In India

Education loans are typically provided to students pursuing higher education, such as undergraduate, postgraduate, or professional courses in India and abroad. These loans aim to bridge the financial gap between the cost of education and the resources available to the student and their family. This article attempts to analyse the concept of education loans along with the rules and guidelines governing it in India.

Class Action Suit

Class Action Suit under the Companies Act, 2013: Explained!

In India, the Companies Act, 2013 provides for class action suits in case of fraud, mismanagement, or oppression by the company’s management. Members of a company, Investors, or any other person can file an application before the National Company Law Tribunal seeking relief through a class action suit. This article tries to analyse the concept of Class action suits along with the laws governing it in India. The author also sheds light on the landmark cases related to class action suits in India.