Meaning and Legal Basis of Debentures Debentures are an important financial instrument used by companies to raise long-term funds without diluting ownership. Under Section 2(30) […]
Tag: business law
3. What is Meeting? Explain the importance of extra-ordinary general meeting of a company.
Importance of Extra-Ordinary General Meeting In corporate governance, decision-making cannot be left to individual opinions or informal discussions. A company, being an artificial legal person, […]
Discuss different theories of corporate personality
Mnemonic Framework for Corporate Personality In modern jurisprudence, the concept of corporate personality plays a vital role in understanding how organizations, companies, and institutions function […]
5. ‘A’ lends a horse to ‘B’ for his own riding. B allows C a member of his family to ride the horse ‘C’ rides with care, but the horse accidently falls and is injured. Decide.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Nature of Bailment b) Duty of Bailee – Not to […]
4. Raju, a partner of a firm, borrows money on his own credit by giving his own promissory note for the same, but he subsequently uses the proceeds of the note in the partnership concern of his own free will without any reference to the lender to do so. Is the firm liable for the loan?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Partner’s Implied Authority b) Acts Done Beyond Implied Authority c) […]
53. Explain the effect of death, insanity and Insolvency of the principal or the Agent on a Contract of Agency
Understanding Agency and Its Termination Agency is a core concept in contract law, enabling a person, called the agent, to act on behalf of another, […]
52. Discuss the Rights and Duties of Bailee.
Understanding Bailment and Bailee In everyday life, we often hand over our goods or belongings to others for safekeeping, repair, or transportation. This act is […]
51. What are the various methods by which a Surety is discharged?
Understanding Suretyship and Discharge In the world of business and credit transactions, suretyship plays a vital role in building trust between lenders and borrowers. A […]
50. Discuss the Implied Conditions and Warranties governing the transaction of Sale of Goods
Understanding Sale of Goods and Its Legal Framework A contract of sale is one of the most common and vital commercial transactions. It involves the […]
49. What are the various modes for Dissolution of a Partnership Firm?
Understanding Dissolution of Partnership A partnership firm is formed when two or more persons agree to carry on a lawful business and share its profits […]