DEVELOPMENT OF NATIONAL COMPETITION POLICY
National Competition Policy proposes to build and integrate a seamless national market which can add to 2% to the countries growth. This would significantly affect the trade and investment scenario of the country and also give effect to the provisions of Article 307 of the constitution pertaining to the setting up of inter state trade and commerce. Sectoral Conflicts: In India, there exists a situation of jurisdictional arbitrage and overlap resulting into regulatory conflicts. The
Read MoreMEANING AND CLARIFICATION TO SOME IMPORTANT PROVISIONS PROVIDED IN GENERAL CONDITIONS IN THE CONTRACT
What is the Difference between agreement and Contract: A meeting of the minds. An agreement is made when two people reach an understanding about a particular issue, including their obligations, duties and rights. While agreement is sometimes used to mean contract -- a legally binding oral or written agreement -- it is actually a broader term, including understandings that might not rise to the level of a legally binding contract. A legally binding agreement involving two or more people or bus
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