Laws And Regulations

calender iconUpdated on January 23, 2023
investing
laws and regulations

Table of Contentstable of content icon

Laws and Regulations

Laws and regulations are formal rules that govern a particular activity or behavior within a particular jurisdiction. They are created by governments to protect public safety, health, and property, as well as to establish order and fairness.

Types of Laws:

  • Civil laws: Regulate relationships between individuals and each other, such as contracts, torts, and property law.
  • Criminal laws: Define crimes and punishments for their violation.
  • Constitutional laws: Protect fundamental rights and liberties, such as freedom of speech and religion.
  • International laws: Regulate relations between nations, such as laws on war, trade, and human rights.

Examples of Regulations:

  • Traffic laws: Regulate speed limits, traffic signals, and road signs.
  • Food safety regulations: Set standards for food production and safety.
  • Environmental regulations: Protect air and water quality, and regulate waste disposal.
  • Labor laws: Protect workers’ rights and safety.
  • Copyright laws: Protect intellectual property rights.

Process of Lawmaking:

  1. Proposal: A bill or resolution is introduced by a legislator.
  2. Committee review: The bill is referred to a committee for review and analysis.
  3. Public hearing: The committee holds public hearings to hear arguments for and against the bill.
  4. Committee report: The committee reports its findings and recommendations to the full legislature.
  5. Debate and passage: The bill is debated and voted on by the legislature.
  6. President’s approval: If the bill passes, it is sent to the President for approval.
  7. Implementation: Once the President approves, the law comes into force.

Importance of Laws and Regulations:

  • Maintaining public safety: Laws prevent crime, protect victims, and ensure public health and well-being.
  • Establishing fairness: Laws promote equality and prevent discrimination.
  • Protecting property: Laws protect property rights and prevent infringement.
  • Maintaining order: Laws maintain order and stability by regulating behavior and providing consequences for violation.
  • Encouraging economic growth: Laws create a predictable and stable environment for business and investment.

Categories

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

Compliance Officer : Mr. Randhir Kumar Chaudhari
Tel no: 011- 49022222 / 011-49022277
Email: randhir@pocketful.in

Registered Address/Correspondence Address: C- 3, Ground Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020

For any complaints, drop us an email atlegal@pocketful.in

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.

Smart Online Dispute Resolution|Link To Circular|Procedures and Policies|Broker Investor Charter|DP Investor Charter

Benefits: Effective Communication, Speedy redressal of the grievances.

Benefits: Effective Communication, Speedy redressal of the grievances.

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI and our Terms of Use and Privacy Policy.
The brand name Pocketful and logo is in process of trademarks registration. The cost-effective brokerage plans make Pocketful a trustworthy and reliable online stock broker. Available on both the web and mobile, it offers unmatched convenience to traders. If you are considering opening......

Read More