Introduction: Once, a thought exists like a state was concerned mainly to maintain law and order and for the protection of life, liberty and property of the subject. But as society develops, there arose demands like prosperity and well-being of …
INTRODUCTION: Companies Act, 2013, lists certain associations to be illegal, when that association/ partnership hides from Companies Act 2013, by non-registration, and carries on profit gaining business. This is known as Illegal Association. ILLEGAL ASSOCIATION: Section 464 of the Companies …
Introduction Public Interest Litigation (PIL) has undertaken a prime role and dimension in recent years. PIL is social interest litigation. The main purpose of PIL is for the protection of people. Public Interest Litigation aims to provide justice to society. …
Introduction Anticipatory breach of contract refers to the cases involving the breach of the contract before the due date of the performance of the contract. This type of breach occurs when one of the parties to the contract, indicates to …
INTRODUCTION The great landmark in the annals of the history of India is 26th January 1950. For on that day the Republic of India was born and the constitution of free India in to force. The constitution of India, a …
Definition of Amalgamation: Section 232 of the Companies Act, 2013 provides the provisions for amalgamation. There is no expressed definition of amalgamation in the Act. However, Section 2(1B) of the Income Tax Act, 1961 widely explains the term amalgamation by …
Introduction Legal fiction is one of the terms which is used in the present time, because of this law gets easily set off from the truth (applying to any things) it is done even if there is no sufficient cause …
Companies evolve internally and externally to achieve the business objective of the company. Amalgamation is one among such common business moves in the corporate world wherein a company combines with one or more companies and resultantly forms a new company. …
Introduction A voluntary wind-up is a self-imposed wind-up or liquidation of a company by the consent of all the shareholders of the company. This decision comes into force when the directors of the company or leaders take the decision to …
Introduction Articles of association create a type of document that specifies the rules and regulations of a company’s working method or operations, it also defines the purpose of the company. This document lays out how tasks are to be completed …