Memorandum of Association Under Company Law, a company is an artificial legal person created by law. It cannot come into existence or function without foundational […]
Archives
30. Labour Courts.
Meaning and Concept of Labour Courts Labour Courts are specialized judicial bodies constituted to adjudicate industrial disputes relating to matters such as discharge, dismissal, retrenchment, […]
46. Resumable gift
Meaning and Concept A Resumable Gift is a gift of property that can be revoked or taken back by the donor upon the happening of […]
The parents allowed their minor children to ride on motorcycle without driving license. They drove the vehicle negligently and caused injuries to a pedestrian. Are the parents liable for the wrong committed by their children? If yes, which kind of liability it is? Explain the rationale of such a liability.
Facts of the Case Parents allowed their minor children to ride a motorcycle without a driving license. While riding, the children drove negligently and caused […]
45. Usufructuary Mortgage
Meaning and Concept A Usufructuary Mortgage is a type of mortgage in which the mortgagor delivers possession of the mortgaged property to the mortgagee, and […]
29. Model standing order.
Meaning and Concept of Model Standing Orders Model Standing Orders are standard rules framed by the appropriate government to regulate conditions of employment in industrial […]
44. Simple Mortgage
Meaning and Concept A Simple Mortgage is a form of mortgage where the mortgagor personally binds himself to repay the loan and agrees that, in […]
Mr. X found a bundle of currency notes on the floor of a shop. The notes had been accidentally dropped there by a stranger. The party who lost them could not be found. In a case between the shopkeeper and the finder, who has a better claim over the currency notes? Discuss
Facts of the Case Mr. X, while in a shop, found a bundle of currency notes lying on the floor. The notes were accidentally dropped […]
5. Define Company? Explain in detail the types of companies.
Define Company In the modern business environment, large-scale economic activities cannot be carried on efficiently by individuals alone. To overcome limitations such as lack of […]
43. Oral Transfer
Meaning and Concept An Oral Transfer refers to the transfer of property without a written instrument, purely by spoken words or conduct of the parties. […]