Stabilization clause is a contractual clause commonly found in investment contracts such as concession agreements wherein the host country grants a concession i.e. a right to develop certain project to the investor. Stabilization clause is a contractual risk management tool that aims to maintain...

This paper argues that there is a differential tax treatment on the issuance of bonus shares to the equity shareholders on one hand and bonus shares issued to preference shareholders and bonus debenture issued to debenture holder on the other. The researcher would argue that this distinction is...

The Industrial Disputes Act as it stood in 1947 had no provision for payment of 'lay-off' and 'retrenchment' compensation in case workmen were laid off or retrenched in case of certain contingencies. Though some progressive employers used to voluntarily pay and Industrial Tribunals and courts...