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Corporate Law Articles


Whether legal heirs of a former employee are liable to be prosecuted u/s 630 of the Companies Act

  Narendra Sharma   07 March 2011 at 15:23

Wrongful withholding of company property is an offence and the wrong doer can be proceeded against under section 630 of the Companies Act. Whether this section can be pressed into service even against the legal heirs of past employee is the ..


Posted in Corporate Law  1 comments |   4044 Views


Non Performing Asset ('NPA')

  Narendra Sharma   04 March 2011 at 20:22

Clause (o) of sub-section (1) of Section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 has defined a non performing asset as follows: non-performing asset means an asse ..


Posted in Corporate Law  2 comments |   5545 Views


Is Contract of Insurance a contract of indemnity?

  akash kapoor   24 February 2011 at 23:26

Contract, Contract of Insurance, Contract of Indemnity, Indian Contract Act, Section 124 of Indian Contract Act, Compensation, contract to save the promise from a loss ..


Posted in Corporate Law  4 comments |   34910 Views


Key Issues on Cyberspace Taxation

  Dr. PRADEEP K.P.   24 February 2011 at 23:26

KEY ISSUES ON CYBERSPACE TAXATION Dr. Pradeep KODIYATH PATINHARE Paper presented in International Cyberlaw Seminar on Cyberspace Usages and Disputes, Kochi, Kerala, India Cyberspace is a virtual trading shop, from where income is gen ..


Posted in Corporate Law |   17472 Views


The Competition Act, 2002 : Important Elements

  akash kapoor   21 February 2011 at 16:30

THE COMPETITION ACT, 2002: IMPORTANT ELEMENTS. The economy of any country is always volatile. This is generally due to the dynamic nature of the constituent markets and their elements. The world is changing fast. India is also opening its economy ..


Posted in Corporate Law |   3609 Views


Are the Banks / Financial Institutions Above Law ?

  Narendra Sharma   19 February 2011 at 14:54

ARE THE BANKS / FINANCIAL INSTITUTIONS ABOVE LAW ? Why a Bank does not agree to any of the rights conferred on sureties by section 133, 134, 135, 139 and 141 of Contract Act, and any Rule of Law or Equity? A Case Study Dena Bank (Letter ..


Posted in Corporate Law  5 comments |   3380 Views


If ‘No Debt Due’, No Liability Is Incurred By The Guarantor

  Narendra Sharma   17 February 2011 at 17:18

Essential Feature Of Guarantee-Recoverable Debt Necessary: The purpose of a guarantee being to secure the repayment of a debt, the existence of a recoverable debt is necessary. It is of the essence of a guarantee that there should be someone liabl ..


Posted in Corporate Law  4 comments |   4024 Views


Under Securitisation Act, Mortgagor Can Come to the Civil Court before sale with a civil suit

  Narendra Sharma   14 February 2011 at 23:50

13.02.2011 Under Securitisation Act, if the secured creditor is acting in violation of the rights, duties and obligations, the MORTGAGOR CAN COME TO THE CIVIL COURT before sale with a civil suit for injunction for staying the sale. In Mardia ..


Posted in Corporate Law  4 comments |   4987 Views


CLB's power and responsibility under section 402?

  Member (Account Deleted)   14 February 2011 at 23:50

CLBs responsibility to supervise the Company affairs even after passing final orders in a petition under section 397/398? In any litigation, the Court or the authority adjudicating the matter can pass interim orders and the matter will get ..


Posted in Corporate Law  1 comments |   3282 Views


Whether Preference share is a Liability or not : A Common Question that needs to be Addressed

  Nahid   14 February 2011 at 23:50

WHETHER PREFERENCE SHARE IS A LIABILITY OR NOT: A COMMON QUESTION THAT NEEDS TO BE ADDRESSED ..


Posted in Corporate Law  4 comments |   6801 Views