Key takeaways Section 433 of the Companies Act, 2013 stands out in giving the court or tribunal the authority to wind up a company. The tribunal will grant the petition for winding up based on the shareholders' just and equitable arguments, but o ..
Key takeaways A company can be held criminally responsible and found guilty for the illegal actions of any of its agents as long as those individuals acted within the bounds of their actual or perceived authority. Doctrine of corporate criminal liabi ..
IntroductionAccording to Article 21 of the Indian Constitution, "no person shall be deprived of his life or personal liberty except in accordance with the procedure established by law, nor shall any person be denied equality before the law or eq ..
BACKGROUNDIn the year of 2005, the United Progressive Alliance (UPA) Government headed by honorable Prime Minister Dr. Manmohan Singh recognized the Right to Information Act in the 14thLokSabha. It has been the most popular, reformative and ambitious ..
Key takeaways The object clause, is a part of company’s MOA, it describes the company's projected goals, for which the company was founded and the direction in which it will work. A relevant doctrine to the object clause, the Doctrine of ul ..
Key takeaways One person or a small group of persons suing on behalf of a larger group of people who have all experienced the same injury is known as a class action lawsuit. The main goal behind the availability of class action lawsuits is the protec ..
IntroductionArticle 21 of the Indian Constitution guarantees every individual the right to life and personal liberty. Unless proven guilty, a person is presumed innocent. As a result, an accused may not be detained unless a fair and just procedure is ..
While making just no bones about the serious retrograde consequences emanating from use of resorting to sealed cover procedure, the Apex Court in a most learned, laudable, landmark and latest judgment titled Cdr Amit Kumar Sharma vs Union of India in ..
Origin of CrPCThe Mohammedan Criminal Law became prevalent in mediaeval India as a result of the law established by the Muslims. The British rulers passed the Regulating Act of 1773, which established a Supreme Court in Calcutta, and later in Madras ..
Key takeaways A prospectus is a document that invites the potential investors to subscribe for a company's shares and debt obligations. According to the Companies Act, certain individuals are liable and subject to punishment for any inaccuracies ..