Understanding Purusharthas: The Four Goals of Human Life
Purushartha, derived from Sanskrit, encompasses the four life goals of dharma (duty), artha (prosperity), kama (pleasure), and moksha (liberation). Dharma, the foundation, guides the pursuit of the other goals leading to spiritual fulfillment. While dharma is considered paramount, moksha is ideal, e
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Artha Rin Ain 2003: Special Legislation for Financial Institutions' Debt Recovery
Artha Rin Ain 2003 is a special legislation aimed at enhancing the recovery process of outstanding debts of financial institutions in Bangladesh. The law addresses the shortcomings of previous acts and establishes dedicated courts for the swift resolution of cases involving unpaid claims. It encompa
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Legal Provisions Regarding Affidavits and Liabilities in Financial Matters
The ARAA 2003 mandates that all plights must be supported by affidavits and payment of court fees. Affidavits are considered substantive evidence in court proceedings, allowing for judgment without witness deposition. Financial liabilities for mortgagees and guarantors are joint and several, with a
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