Meaning and Legal Basis An Unlimited Company is a type of company where the liability of members is unlimited, meaning there is no statutory limit […]
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34. Certificate of Commencement of Business
Meaning and Legal Basis The Certificate of Commencement of Business is a statutory declaration that enables a company to legally begin its business operations. Under […]
22.Discuss the law relating to Lay-off and Retrenchment in India.
Industrial growth and economic stability depend heavily on harmonious relations between employers and employees. However, business uncertainties such as financial losses, shortage of raw materials, […]
10. “A” purchases property in the name of “B”. “B” sells the property to “C” without A’s authority. “A” sues to recover the property from C. Decide.
1. Facts of the Case “A” purchases a property but registers it in the name of “B”. Subsequently, without A’s consent, “B” sells the property […]
33. Corporation
Corporation – Meaning and Legal Nature A corporation is an artificial legal person created by law, having a separate existence distinct from its members. Under […]
51. Ultra vires
Meaning and Concept of Ultra Vires The doctrine of ultra vires literally means “beyond the powers.” In law, it refers to acts performed by a […]
20. What reliefs are available to minority shareholders against wrongful conduct of the majority?
Shareholders Against Wrongful Conduct of the Majority In corporate law, the relationship between majority and minority shareholders is inherently delicate. While the majority shareholders hold […]
32. Annual General Meeting
Annual General Meeting (AGM) – Meaning and Importance An Annual General Meeting (AGM) is a mandatory yearly meeting of shareholders of a company to review […]
4. Explain Standing Orders and provisions contained in the Industrial Employment (Standing Orders) Act, 1946.
Industrial Discipline and the Need for Standing Orders Industrial establishments function efficiently only when service conditions are clear, uniform, and transparent. Before the enactment of […]
9. A Hindu male owning separate property dies leaving his widow B and his brother C. C transfers his right to succeed to the estate of A in favour of D. Is the transfer valid?
1. Facts of the Case: A Hindu male, owning separate property, dies leaving behind his widow B and his brother C. After the death of […]