State the Legal Provisions In the world of corporate law, dividends represent a company’s profit-sharing mechanism with its shareholders. It is a shareholder’s right to […]
Tag: corporate accountability
An incorporated company carries on an industrial activity which is hazardous in nature. Due to leakage of poisonous gas from it, the people residing in that locality were affected and some of them died. Discuss the criminal liability of the company. If it is an offence punishable with imprisonment, how to execute the punishment against the company?
Facts of the Case An incorporated company was engaged in an industrial activity of a hazardous nature, involving the manufacture or handling of poisonous substances. […]