A French scholar Romaine Rolland rightly said “There is one place on the face of earth where all the dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India.”
A considerable population of the Indians exists in Gulf regions, Mauritius, East Africa, Australia, and Canada. About 1.1 million exist in the Caribbean and South American countries. Moreover 1.7 million live in the United States, 3 million in gulf areas and in UK they form the largest cultural community.
Since independence, the Indians settled abroad have been returning to discover new opportunities for interacting with their homeland. These Indians who have settled in the far off lands miss their own country and make every effort to connect with their motherland in some way or the other either by purchasing property or networking with their relatives etc.
Respecting the sentiments of such nationals who want to participate in the development of their country, the Government of India launched a unique scheme on 31st March, 1999 so that they could obtain a dual citizenship. It was revised and renamed as the PIO card scheme in 2002 and came into force on 15th September 2002. This allows visa free entry to the people of Indian origin and gives them the right to enjoy all the privileges enjoyed by (NRIs) including the purchase of non-agricultural land.
Indian passport holders, the spouses of Indian citizens or PIO card Holders, people whose parents/grandparents/great grandparents were born or permanently residing in India and other territories that became part of India thereafter are eligible for applying for this card, provided neither of these people were the citizens of any other country specified by the Central Government. It would not be issued to people of Indian origin living in Pakistan and Bangladesh. Moreover, these provisions should be in confirmation with the Government of India Act, 1935. These eligible contenders apply for the issuance of the card in the Indian Mission of the country where they are residing, and the same is authorized by an officer notified for the purpose or the Joint Secretary of the Ministry of Home Affairs. All the applications for issue or renewal of a PIO Card are to be made in the prescribed formats and accompanied by documentary evidence to show that the applicant is a person of Indian origin as defined.
The PIOs enjoy several economic, educational and literary benefits under the purview of this scheme. It is not mandatory for them to carry visas on their visits to India. If the continuous stay does not exceed 180 days then there is no need to register with the Foreigners Registration Officer however if the stay exceeds 180 days, then the registration is required to be done within a period of 30 days of the expiry of 180 days.
The PIO card holders also avail the services and future advantages available to the NRIs like: holding, acquiring, transferring and disposal of immovable properties in India except agricultural and plantation properties, admission of students in educational institutions including colleges and schools in India under the general category quota for NRIs and benefiting from various housing schemes of Life Insurance Corporation of India, State Governments and other Government agencies. They can purchase shares up to 5 per cent of the paid-up capital of an Indian company. However, they are not allowed to enjoy political rights in India. If someone has done some exceptional work associated with the development of the country or its infrastructure then a Gratis PIO card is issued in their name as a compliment to the effort exerted on their behalf.
Granting PIO cards and Overseas citizenship to Indians has certainly lent a hand in restoring and reinforcing the emotional bond amongst these Indians with the land of their origin and has encouraged the social and cultural development of their own country.
Wednesday, January 2, 2008
Subscribe to:
Post Comments (Atom)
NRI'S NEWS
Updated Nri's News
NRI’s ‘rich’ email profile helps HC settle dispute
Times of India 8 October 2009
MUMBAI: An email profile of an NRI, showing him a rich man having an export car house company, has landed him in a soup with Bombay High Court<<-- more -->
asking him to pay Rs 30,000 per month as maintenance to his estranged wife, more than double the amount fixed by a family court earlier. The family court had ordered businessman Rahul Luthra to pay Rs 8,000 to his wife and Rs 4,000 to his daughter per month as maintenance after he disclosed that he had limited means of income. However, email profile created by Luthra was produced before the HC by his wife Rashmi saying it projected him as a rich person and owner of a company based in Dubai. Being aggrieved by the order, Rahul, had moved the HC seeking reduction in maintenance to Rs 2,000 per month. His wife too filed an appeal in HC seeking Rs 30,000 per month as maintenance. The bench rejected Luthra’s claim , saying “the husband has resorted to falsehood and tendered false evidence to deprive his wife and child from getting a reasonable amount of maintenance”. “From the evidence it is evident that the husband has sufficient income and is required to maintain his wife so that she can continue to live in the same manner in which she used to stay in her matrimonial home earlier,” the judges said.
MUMBAI: An email profile of an NRI, showing him a rich man having an export car house company, has landed him in a soup with Bombay High Court<<-- more -->
asking him to pay Rs 30,000 per month as maintenance to his estranged wife, more than double the amount fixed by a family court earlier. The family court had ordered businessman Rahul Luthra to pay Rs 8,000 to his wife and Rs 4,000 to his daughter per month as maintenance after he disclosed that he had limited means of income. However, email profile created by Luthra was produced before the HC by his wife Rashmi saying it projected him as a rich person and owner of a company based in Dubai. Being aggrieved by the order, Rahul, had moved the HC seeking reduction in maintenance to Rs 2,000 per month. His wife too filed an appeal in HC seeking Rs 30,000 per month as maintenance. The bench rejected Luthra’s claim , saying “the husband has resorted to falsehood and tendered false evidence to deprive his wife and child from getting a reasonable amount of maintenance”. “From the evidence it is evident that the husband has sufficient income and is required to maintain his wife so that she can continue to live in the same manner in which she used to stay in her matrimonial home earlier,” the judges said.
Victoria to provide India details of racial attacks on Indians
Times of India 8 October 2009
MELBOURNE: Amid a spate of attacks on Indians here, the Victorian government on Thursday said it will provide all relevant details to New Delhi on
these incidents. Victorian Premier John Brumby, who was on a week long trip to India to mend the troubled relationship, offered this suggestion to New Delhi, according to his spokesperson. "Premier Brumby made the offer to the Indian government to keep them appraised of progress of cases involving Indian citizens in Victoria. The updates will track the progress of cases through Victoria's legal system," the official said. Brumby has been assuring Indian authorities of full support to curb any violence against Indians apart from following up the incidents of 'racial crime'. He has stressed that relationship between India and Australia was strong and the Indian community formed a vital part of the multicultural society in the state. The premier also urged the community to have complete faith in the legal system of the country. Around 30 Indian students were attacked in various cities from June to August. Last month, three Indians were "brutally bashed" by a group of around 70 youth here. The attacks against Indians described in the media as race-based caused some diplomatic discomfort between the two countries and sparked angry protests in India. Around 93,000 of the 430,000 foreign students in Australia are Indians.
MELBOURNE: Amid a spate of attacks on Indians here, the Victorian government on Thursday said it will provide all relevant details to New Delhi on
these incidents. Victorian Premier John Brumby, who was on a week long trip to India to mend the troubled relationship, offered this suggestion to New Delhi, according to his spokesperson. "Premier Brumby made the offer to the Indian government to keep them appraised of progress of cases involving Indian citizens in Victoria. The updates will track the progress of cases through Victoria's legal system," the official said. Brumby has been assuring Indian authorities of full support to curb any violence against Indians apart from following up the incidents of 'racial crime'. He has stressed that relationship between India and Australia was strong and the Indian community formed a vital part of the multicultural society in the state. The premier also urged the community to have complete faith in the legal system of the country. Around 30 Indian students were attacked in various cities from June to August. Last month, three Indians were "brutally bashed" by a group of around 70 youth here. The attacks against Indians described in the media as race-based caused some diplomatic discomfort between the two countries and sparked angry protests in India. Around 93,000 of the 430,000 foreign students in Australia are Indians.
Investments for NRIs
The Economic Times
Aman Dhall, ET Bureau Raman Sharma is a worried man. The financial turmoil in the West has resulted in the 34-yearold non-resident Indian (NRI) losing more than $1 million in investments in the last six months. A financial consultant by profession, Sharma has now decided to change his asset allocation to diversify its portfolio. Keen to make investments in India, he is unsure of which asset class to park his funds with. Sharma isn’t alone. There are many NRIs who are now wondering what they can do in the current scenario. Here’s an insight into investment avenues for NRIs in the present market situation.
Aman Dhall, ET Bureau Raman Sharma is a worried man. The financial turmoil in the West has resulted in the 34-yearold non-resident Indian (NRI) losing more than $1 million in investments in the last six months. A financial consultant by profession, Sharma has now decided to change his asset allocation to diversify its portfolio. Keen to make investments in India, he is unsure of which asset class to park his funds with. Sharma isn’t alone. There are many NRIs who are now wondering what they can do in the current scenario. Here’s an insight into investment avenues for NRIs in the present market situation.
Latest Amendments in Income Tax 2009
Latest Amendments in Income Tax 2009
January, 13th 2009
Income-tax (Second Amendment) Rules, 2009 - Amendments in rule 5D and 5E
NOTIFICATION NO. 2/2009, DATED 5-1-2009
In exercise of the powers conferred by section 295 read with clauses (ii) and (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:
1. (1) These rules may be called the Income-tax (2nd Amendment) Rules, 2009.
(2) They shall come into force with effect from the 1st day of April, 2009.
2. In the Income-tax Rules, 1962,
(A) in rule 5D,-
(a) after sub-rule (4) the following sub-rule shall be inserted, namely:
(4A) The scientific research association shall, by the due date of furnishing the return of income under sub-section (1) of section 139, furnish a statement to the Commissioner of Income-tax or Director of Income-tax containing -
(i) a detailed note on the research work undertaken by it during the previous year;
(ii) a summary of research articles published in national or international journals during the year;
(iii) any patent or other similar rights applied for or registered during the year;
(iv) programme of research projects to be undertaken during the forthcoming year and the financial allocation for such programme";
(b) in sub-rule (5), in item (c), after the words "scientific research", the words, brackets, figure and letter "or a statement referred to in sub-rule (4 A)" shall be inserted;
(B) in rule 5E,-
(a) after sub-rule (4), the following sub-rule shall be inserted, namely:
(4A) The university, college or other institution shall, by the due date of furnishing the return of income under sub-section (1) of section 139, furnish a statement to the Commissioner of Income-tax or Director of Income-tax containing -
(i) a detailed note on the research work undertaken by it during the previous year;
(ii) a summary of research articles published in national or international journals during the year;
(iii) any patent or other similar rights applied for or registered during the year;
(iv) programme of research projects to be undertaken during the forthcoming year and the financial allocation for such programme";
(b) in sub-rule (5), in item (c), after the words "used for research", the words, brackets, figure and letter "or a statement referred to in sub-rule (4A)" shall be inserted.
NRI investors hail new Indian trading hours
Emirates Business Monday, November 02, 2009
Non-resident Indian (NRI) investors and Indian banks operating in the UAE have welcomed a recent proposal by the Securities and Exchange Board of India, (Sebi), the Indian stock market regulator, to extend the market timings by two-and-half-hours from 9am to 5pm (Indian time).UAE-based NRI investors in the Indian financial market said they would get more trading time and flexibility because of the new timings.Various brokerage firms and Indian banks handling the NRI clients said they were happy and expected the daily trading volume from the UAE to go up. Last week, Sebi proposed an extension of trading hours of the Indian stock exchanges to align the domestic bourses with international markets. Suresh Warrier, Chief Executive Officer of Axis Bank (DIFC Branch), a private sector Indian bank that handles NRI stock trading accounts through portfolio investment scheme (PIS), said the Sebi move was a positive one. "NRIs who are permitted to invest in shares and debentures of Indian companies under the PIS Scheme in the secondary market will get extended trading hours through the new plan."Getting one and a half hours more trading time for our NRI clients will be good. This is a very positive step," he said. The new trading hours would help integrate the Indian market with Singapore and other Asian markets in the morning hours, and the European markets in the evening hours."There are five Indian banks operating in DIFC, which has become an important market for Indian corporate customers. Apart from ICICI Bank, State Bank of India and Axis Bank, the IDBI bank and Punjab National Bank have recently started operations in the DIFC," Warrier said. K V Shamsudeen, Director of Barjeel Geojith Securities, a leading brokerage firm in the UAE handling NRI clients, said: "The new trading hours of Indian markets will be convenient for our NRI clients who currently trade from 7.30am UAE time to 2pm. With the extended trading hours, they will get time up to 3.30pm in the UAE and be able to make transactions before going to their offices here or while returning." The new Sebi guideline is good for NRI investors in the region, he said, adding that the exact date for starting the new market timing is yet to be finalised. Investors will be able to make decisions based on information flowing in from other markets.Trading on Asia-Pacific bourses commences a little ahead of the Indian markets while the European and American markets open much later. Extending the trade timings may enable domestic market participants to take advantage of global information flows. At present, the markets are open from 9.55am to 3.30pm. The exchange-traded currency derivatives market operates from 9am to 5pm, and the commodity and futures market operates from 8am till 11.30pm.Meanwhile, JRG International Brokerage DMCC, has got approval from the Emirates Securities and Commodities Authorities to open a branch office in India to sell DGCX listed gold and other commodity products.DFSA and Sebi sign MoUThe Dubai Financial Services Authority (DFSA) and India's market regulator Sebi have signed a Memorandum of Understanding (MoU) to enhance information-sharing and co-operation between the two regulatory bodies.The MoU was signed on behalf of the DFSA by its CEO Paul Koster and C B Bhave, Chairman of SEBI, on the eve of a DIFC seminar titled The India-UAE Partnership: Investments, Opportunities and Synergies in Mumbai, India. In a statement, Koster said: "As the supervisor of one of the largest capital markets in the world, Sebi is an active member of the International Organisation of Securities Commissions (Iosco) and acknowledged as one that is committed to world best practice. Sebi is, like the DFSA, a signatory to Iosco's multi-lateral MoU and, as such, has already shown its ability and willingness to co-operate and share information to international standards.Bhave said: "This arrangement establishes a framework for mutual assistance, strengthening of cross-border co-operation and contributes towards efficient performance of the supervisory functions and effective enforcement of the laws and regulations governing the markets in our respective jurisdictions."
Non-resident Indian (NRI) investors and Indian banks operating in the UAE have welcomed a recent proposal by the Securities and Exchange Board of India, (Sebi), the Indian stock market regulator, to extend the market timings by two-and-half-hours from 9am to 5pm (Indian time).UAE-based NRI investors in the Indian financial market said they would get more trading time and flexibility because of the new timings.Various brokerage firms and Indian banks handling the NRI clients said they were happy and expected the daily trading volume from the UAE to go up. Last week, Sebi proposed an extension of trading hours of the Indian stock exchanges to align the domestic bourses with international markets. Suresh Warrier, Chief Executive Officer of Axis Bank (DIFC Branch), a private sector Indian bank that handles NRI stock trading accounts through portfolio investment scheme (PIS), said the Sebi move was a positive one. "NRIs who are permitted to invest in shares and debentures of Indian companies under the PIS Scheme in the secondary market will get extended trading hours through the new plan."Getting one and a half hours more trading time for our NRI clients will be good. This is a very positive step," he said. The new trading hours would help integrate the Indian market with Singapore and other Asian markets in the morning hours, and the European markets in the evening hours."There are five Indian banks operating in DIFC, which has become an important market for Indian corporate customers. Apart from ICICI Bank, State Bank of India and Axis Bank, the IDBI bank and Punjab National Bank have recently started operations in the DIFC," Warrier said. K V Shamsudeen, Director of Barjeel Geojith Securities, a leading brokerage firm in the UAE handling NRI clients, said: "The new trading hours of Indian markets will be convenient for our NRI clients who currently trade from 7.30am UAE time to 2pm. With the extended trading hours, they will get time up to 3.30pm in the UAE and be able to make transactions before going to their offices here or while returning." The new Sebi guideline is good for NRI investors in the region, he said, adding that the exact date for starting the new market timing is yet to be finalised. Investors will be able to make decisions based on information flowing in from other markets.Trading on Asia-Pacific bourses commences a little ahead of the Indian markets while the European and American markets open much later. Extending the trade timings may enable domestic market participants to take advantage of global information flows. At present, the markets are open from 9.55am to 3.30pm. The exchange-traded currency derivatives market operates from 9am to 5pm, and the commodity and futures market operates from 8am till 11.30pm.Meanwhile, JRG International Brokerage DMCC, has got approval from the Emirates Securities and Commodities Authorities to open a branch office in India to sell DGCX listed gold and other commodity products.DFSA and Sebi sign MoUThe Dubai Financial Services Authority (DFSA) and India's market regulator Sebi have signed a Memorandum of Understanding (MoU) to enhance information-sharing and co-operation between the two regulatory bodies.The MoU was signed on behalf of the DFSA by its CEO Paul Koster and C B Bhave, Chairman of SEBI, on the eve of a DIFC seminar titled The India-UAE Partnership: Investments, Opportunities and Synergies in Mumbai, India. In a statement, Koster said: "As the supervisor of one of the largest capital markets in the world, Sebi is an active member of the International Organisation of Securities Commissions (Iosco) and acknowledged as one that is committed to world best practice. Sebi is, like the DFSA, a signatory to Iosco's multi-lateral MoU and, as such, has already shown its ability and willingness to co-operate and share information to international standards.Bhave said: "This arrangement establishes a framework for mutual assistance, strengthening of cross-border co-operation and contributes towards efficient performance of the supervisory functions and effective enforcement of the laws and regulations governing the markets in our respective jurisdictions."
2 Indian American scribes win 2009 Knowledge@Wharton awards
Times Of India 1 October 2009
NEW YORK: Two Indian American journalists are among the four winners of the prestigious 2009 Knowledge@Wharton Awards for Business Journalism,
sponsored by the South Asian Journalists Association (SAJA), the Wharton School and the Knowledge@Wharton online business journal. The Indian origin winners are Sonia Narang, a journalist with NBC News in New York, and Sanjay Bhatt, an enterprise reporter for The Seattle Times. The awards provide journalists with a scholarship to attend the prestigious Wharton Seminars for Business Journalists at the Wharton School of the University of Pennsylvania in October. Knowledge@Wharton and SAJA launched the award in 1999 and later expanded it to include the four organisations in UNITY: Journalists of Colour. "A mortgage crisis, global market turmoil, federal, state and local government budget cuts and tracking federal stimulus money. It's clear that economic and business coverage is important no matter what beat a journalist covers," said SAJA president Sandeep Junnarkar. "The Wharton seminar is an immensely valuable opportunity for journalists to learn about intricacies of business coverage. We're grateful to the Wharton School for the 10th year of continued support." "Knowledge@Wharton seeks to disseminate the knowledge behind the news, and the continuing support of the Knowledge@Wharton Awards for SAJA and the UNITY organisations fits in well with this mission," said Mukul Pandya, executive director and editor-in-chief of Knowledge@Wharton. "We are delighted to welcome this year's winners to the Wharton seminars."
NEW YORK: Two Indian American journalists are among the four winners of the prestigious 2009 Knowledge@Wharton Awards for Business Journalism,
sponsored by the South Asian Journalists Association (SAJA), the Wharton School and the Knowledge@Wharton online business journal. The Indian origin winners are Sonia Narang, a journalist with NBC News in New York, and Sanjay Bhatt, an enterprise reporter for The Seattle Times. The awards provide journalists with a scholarship to attend the prestigious Wharton Seminars for Business Journalists at the Wharton School of the University of Pennsylvania in October. Knowledge@Wharton and SAJA launched the award in 1999 and later expanded it to include the four organisations in UNITY: Journalists of Colour. "A mortgage crisis, global market turmoil, federal, state and local government budget cuts and tracking federal stimulus money. It's clear that economic and business coverage is important no matter what beat a journalist covers," said SAJA president Sandeep Junnarkar. "The Wharton seminar is an immensely valuable opportunity for journalists to learn about intricacies of business coverage. We're grateful to the Wharton School for the 10th year of continued support." "Knowledge@Wharton seeks to disseminate the knowledge behind the news, and the continuing support of the Knowledge@Wharton Awards for SAJA and the UNITY organisations fits in well with this mission," said Mukul Pandya, executive director and editor-in-chief of Knowledge@Wharton. "We are delighted to welcome this year's winners to the Wharton seminars."
Case Studies
DESERTION BY WIFE
Facts of the case:
In a very interesting case, our client was residing in Kuwait and was married for the last 9 years. His wife had left him for the last 3 years and had moved to Hyderabad to her parents. Her father, who was a Colonel in the Indian Army, was creating problems by not allowing him to meet his wife and daughter.
Issues involved:
Whether the wife had deserted the husband.
Decision:
The Court held that the wife had committed desertion by leaving the matrimonial home and decided the case in favour of our client.
REVOCATION OF POWER OF ATTORNEY
Facts of the case:
In a very interesting case, our client who was settled in the US wanted to buy a property in India. For this, he appointed his friend as his lawful attorney, who was a lawyer in India. After a while, our client planned to return in India and therefore wanted to revoke the said Power of Attorney. When our client informed the lawyer about his intentions, the lawyer refused to return the Power of Attorney.
Issues involve:
Whether the nature of the said power of attorney was revocable or irrevocable.
Remedy:
We advised him to revoke the Power of Attorney and drafted a document for revocation of the same.
Decision:
As it was a revocable Power of Attorney, the court held that our client had a right to revoke the same according to his own will.
INCOME STATUS OF NRIs AND THEIR TAX LIABILITY
Facts of the case:
Our client was an employee in India with a foreign company. He was transferred to the wholly owned subsidiary of the same company in the foreign country. He stayed there for some months and paid tax on the income earned from the foreign company.
Issues involved:
Whether our client was liable to pay tax in India.
Advice:
As he had already been taxed in the foreign country, he was exempted from paying tax in India.
Facts of the case:
In a very interesting case, our client was residing in Kuwait and was married for the last 9 years. His wife had left him for the last 3 years and had moved to Hyderabad to her parents. Her father, who was a Colonel in the Indian Army, was creating problems by not allowing him to meet his wife and daughter.
Issues involved:
Whether the wife had deserted the husband.
Decision:
The Court held that the wife had committed desertion by leaving the matrimonial home and decided the case in favour of our client.
REVOCATION OF POWER OF ATTORNEY
Facts of the case:
In a very interesting case, our client who was settled in the US wanted to buy a property in India. For this, he appointed his friend as his lawful attorney, who was a lawyer in India. After a while, our client planned to return in India and therefore wanted to revoke the said Power of Attorney. When our client informed the lawyer about his intentions, the lawyer refused to return the Power of Attorney.
Issues involve:
Whether the nature of the said power of attorney was revocable or irrevocable.
Remedy:
We advised him to revoke the Power of Attorney and drafted a document for revocation of the same.
Decision:
As it was a revocable Power of Attorney, the court held that our client had a right to revoke the same according to his own will.
INCOME STATUS OF NRIs AND THEIR TAX LIABILITY
Facts of the case:
Our client was an employee in India with a foreign company. He was transferred to the wholly owned subsidiary of the same company in the foreign country. He stayed there for some months and paid tax on the income earned from the foreign company.
Issues involved:
Whether our client was liable to pay tax in India.
Advice:
As he had already been taxed in the foreign country, he was exempted from paying tax in India.
LEGAL QUOTES
Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.
Plato
Good men must not obey the laws too much.
Ralph Waldo Emerson
We must reject the idea that every time a law's broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions.
Ronald Reagan
It may be true that the law cannot make a man love me, but it can keep him from lynching me, and I think that's pretty important.
Martin Luthor King, Jr.
When the President does it, that means that it is not illegal.
Richard Nixon
No man is above the law and no man is below it; nor do we ask any man's permission when we ask him to obey it. Obedience to the law is demanded as a right; not asked as a favor.
Theodore Roosevelt
The life of the law has not been logic; it has been reason.Oliver Wendell HolmesAn unjust law is itself a species of violence. Arrest for its breach is more so.
Mahatma Gandhi
Plato
Good men must not obey the laws too much.
Ralph Waldo Emerson
We must reject the idea that every time a law's broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions.
Ronald Reagan
It may be true that the law cannot make a man love me, but it can keep him from lynching me, and I think that's pretty important.
Martin Luthor King, Jr.
When the President does it, that means that it is not illegal.
Richard Nixon
No man is above the law and no man is below it; nor do we ask any man's permission when we ask him to obey it. Obedience to the law is demanded as a right; not asked as a favor.
Theodore Roosevelt
The life of the law has not been logic; it has been reason.Oliver Wendell HolmesAn unjust law is itself a species of violence. Arrest for its breach is more so.
Mahatma Gandhi
LEGAL MAXIMS
A trust is an obligation of conscience of one to the will of another. -
Francis Bacon
The king never dies.-
Sir William Blackstone
A public law or right cannot be altered by the agreements of private persons.
Agreement makes law.
An uncalled-for defence becomes a positive accusation.
Custom is the best interpreter of laws.
Deeds are more powerful than words.
Equity assists ignorance, but not carelessness.
Equity favors wives and children, creditors most of all.
Hard cases make bad law.
He confesses his guilt who flies from his trial.
He is guilty of barratry who for money sells justice.
He who comes into a court of equity must come with clean hands.
Francis Bacon
The king never dies.-
Sir William Blackstone
A public law or right cannot be altered by the agreements of private persons.
Agreement makes law.
An uncalled-for defence becomes a positive accusation.
Custom is the best interpreter of laws.
Deeds are more powerful than words.
Equity assists ignorance, but not carelessness.
Equity favors wives and children, creditors most of all.
Hard cases make bad law.
He confesses his guilt who flies from his trial.
He is guilty of barratry who for money sells justice.
He who comes into a court of equity must come with clean hands.
0 comments:
Post a Comment