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Cyber Laws in IT & ITES

With the phenomenal and enormous growth of Internet specialized branch of Law called Cyber Law.

Immigration & Emmigration

When a person enters a new country for the purpose of establishing permanent residence and ultimately gaining citizenship , it is called

Immigration.But the residence of immigrants is subject to the conditions set by the Immigration Law.


Debtor

Any person who resides or has a domicile or a place of business or property in the US or even a Municipality can be a debtor under the provisions of the Bankruptcy Law.

Chapter 7 of the Act provides that a person may be a debtor if such person does not fall under the following categories:-
  1. a railroad
  2. a domestic insurance company
  3. savings or cooperative banks
  4. savings and loan associations
  5. building and loan associations
  6. homestead association
  7. a New Market Capital Venture Company
  8. any small business investment company
  9. credit union
  10. insured bank
  11. foreign insurance company engaged in business in the United States
  12. foreign savings or cooperative bank
  13. foreign savings and loan association
  14. foreign credit union that has a branch or agency in the United States
Under chapter 9, an entity may be a debtor if such entity-
  1. Is a municipality
  2. Is specifically authorized, in its capacity as a municipality or by name, to be a debtor by State law, or by a governmental officer or organization empowered by State law to authorize such entity to be a debtor
  3. Is insolvent
  4. Desires to effect a plan to adjust such debts; and
  5. Has obtained the agreement of creditors holding at least a majority in amount of the claims of each class that such entity intends to impair under a plan and
No individual or family farmer may be a debtor under this title who has been a debtor in a case pending under this title at any time in the preceding 180 days if—
  1. The case was dismissed by the court for purposeful failure of the debtor to follow orders of the court, or to appear before the court in proper prosecution of the case; or
  2. The debtor requested and obtained the voluntary dismissal of the case following the filing of a request for relief from the automatic stay provided by this Act.
(More:http://www.law.cornell.edu/uscode/html/uscode11/usc_sec_11_00000109----000-.html)