Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Anand (Self)     25 July 2008

Whether a society operates under Business Law

Dear Legal Experts

Whether a society registered under West Bengal Registration of Societies Act can be construed as operating under commercial laws?

Thanks and Regards,

Anand


Learning

 7 Replies

Guest (n/a)     26 July 2008

Brief anser like "Yes" or "no" would  be good enough

Guest (n/a)     26 July 2008

What are commercial lasw

is society's act is a commercial law

What are other commercial laws

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     27 July 2008

IF A SOCIETY DOES A COMMERCIAL TRANSECTION , IT WILL BE TREATED AS AN ARTIFICIAL PERSON AND ALL THE COMMERCIAL LAWS WILL BE APPLICABLE UNLESS SPECIFICALLY EXEMPTED IN ANY PARTCULAR LAW.

Guest (n/a)     27 July 2008

Does entering into an agreement as per Contracts Act is a commercial activity? and a society (which is a "not for profit" organisation) can operate under commerical laws.

Jaydeep Kurup (ACS, LLB)     30 July 2008

Any society duly registered under the respective societies act is a legal entity and all laws applicable to contracts become applicable to it.

Guest (n/a)     30 July 2008

DOES COMMERCIAL LAWS APPLY TO IT.

SATISH KUMAR (COMPANY SECRETARY)     07 August 2008

Yes, commercial laws will apply. It is a legal entity. It can enter contracts or own property. If it enter any contract, contract act will apply, for its banking transactions, negotiable instrument act will apply, for sale of goods or products or services, consumer laws will apply. Even shops and establishment act will apply. 


B.V.SATISH KUMAR


 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register