Tiêu đề Chart Notes.pdf ✅

Indian Regulatory ch-1 Framework INDIAN REGULATORY FRAMEWORK What is Law? What is Law? Enforcement of Law Major RegulatoryBodies Structure of Indian Judicial System Ministry of Finance MCA SEBI RBI Civil Criminal Common Principles of Natural Justice IBBI Ministry of Law & Justice Source of Law Types of Law Process of Making A Law It is a set of obligations and duties imposed by the Govt. for welfare and Justice to Society. Sources is Law Main source of law are the Constitution, the statues or laws made by Parliament and State Assemblies. Process of Making A Law Law proposed Parliament Law will be notified by the Government in the Publication Assent of the President Bill Loksabha Rajyasabha Once Notified and Effective Act of Parliament Official Gazette
TYPES OF LAW Criminal Law Common Law Principles of Natural Justice Civil Law concerned with laws relating to violations of the rules of law or public wrongs and punishment. Governed under BNS, BNSS. The doctrine of Stare Decisis is the principle supporting Common Law. Means - “To stand by that which is decided” Natural Justice often known as Jus Natural Deals Matters of disputes between individuals or organisations are dealt under Civil Law. LAW VITTA MANTRALAYA Central Law State Law Concerned with - TAXATION FINANCIAL LEGISLATION FINANCIAL INSTITUTIONS CAPITAL MARKETS CENTRAL AND STATE FINANCES UNION BUDGET ENFORCING THE LAW THE MINISTRY OF FINANCE After a Law is passed in parliament it has to be enforced. Concerned with the economy of India, serving as the Treasury of India. The Central or State Government will be enforcing authority.
GRAH MANTRALAYA CONSTITUTION OF THE MINISTRY OF FINANCE DEPARTMENT OF MOF Ministry of Finance Is the apex controlling authority MINISTRY OF CORPORATE AFFAIRS Concerned with administration of the Companies Act 2013, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankrupty code, 2016 Responsible mainly for the regulation of Indian enterprises in the industries and services sector MINISTRY OF HOME AFFAIRS Interior Ministry, responsible for the maintenance of internal security and domestic policy Lead by UNION MINISTER OF HOME AFFAIRS Four Central Civil Services