Key takeaways The Indian Partnership Act of 1932 governs partnerships, and the Limited Liability Partnership Act of 2008 governs limited liability partnerships. The governing rules for private limited companies can be divided into two categories: gen ..
INTRODUCTIONThe doctrine of indoor management which can be dated back to more than 100 years is a concept which safeguards the people outside the course of employment of a company.The doctrine basically talks about that when a person gets into a cont ..
A court's responsibility is to discover the truth and further the interests of justice. Courts give precise, relevant facts and evidence that is recorded in a understandto uncover the truth. ..
While mincing no words on making clear that the increasing trend of husband being labelled as 'alcoholic' or 'womaniser' would be considered as cruelty, the Bombay High Court in a most laudable, learned, landmark and latest judgment t ..
While drawing the red lines clearly discernible for the usage of DNA tests, the Supreme Court in a most laudable, learned, landmark and latest judgment titled Inayath Ali & Anr. Vs State of Telangana & Anr. in Criminal Appeal No. 1569/2022 (A ..
Key takeaways A prospectus is a document that a company distributes to invite the general public and financial investors to join its protections. A prospectus also assists in educating potential investors about the risks associated with financing the ..
Key takeaways Since the company's rules and regulations are public information, it is the responsibility of an outsider to be aware of them, before entering into a contract with the company. This assumption is known as the Doctrine of constructiv ..
Key Takeaways The independent directors have been enlisted to improve the objectivity of corporate governance throughout the country. According to Section 149(6), an independent director is defined as "a director other than a managing director, ..
Key takeaways According to the 2013 Companies Act, there is a specific process for incorporating a company. Before starting the company, a certificate of commencement of business is necessary. The incorporation of a public company offers additional r ..
Key takeaways The Memorandum of Association is the legal document that outlines the purpose, power, and scope of the company. The document establishes restrictions on how the company may operate. AoA is a required document that outlines a company' ..
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