corporate law

.auto-style3 { text-align: justify; } QUERY:   "Kindly give opinion whether span style="mso-bidi-font-weig..

In the day-to-day affairs of today’s world, not a single day passes without reference or discussions about some contracts, whether it is rendering service, employment, supply, distribution or purchase.  We enter into contracts so many times in a day that ‘contract’ has become an indispensable part of our life. When we purchase milk or newspaper ..

A Limited Liability Partnership (LLP) is a form of business organisation where the liability held by each of the partners is limited by law.   It provides the benefits of limited liability of a company, but allows its members the flexibility of organis..

Extracts from Section 3 and Entry No. 5 in Schedule I to the Indian Stamp Act, 1899 are reproduced below for ready reference.   b style="mso-bidi-font-weight:norma..

An extract of section 58(f) and section 59 of the Transfer of Property Act, 1882 is reproduced below for ready reference.   58(f).span style="mso-bidi-font-wei..

  1.1 Hon’ble Supreme Court in U.P. Avas Evam Vikas Parishad & Anr. Vs. Friends Coop. Housing Society Ltd. &..

In any country the major portion of monetary resources /..

Whenever Companies appoint key managerial personnel, it makes sure that the exit route for him is made difficult by prescribing a minimum time limit of service, prolonged notice period and negative covenant restricting the executive to joi..

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Section 138 of the Negotiable Instruments Act, 1881 casts criminal liability punishable with imprisonment or fine or with both on a person who issues a cheque towards discharge of a debt or liability as a whole or in part and ..

.style2 { text-align: justify; } The economy of any country is always volatile. This is generally due to the dynamic nature of the constituent markets and their ..

Though the object of SARFAESI Act, 2002 is very good aiming at reducing ‘Non-Performing Assets” (NPA), the Constitutional Courts had to interpret the provisions of the Act dealing with many complicated issues and keeping in view the interests of the borrowers.  Many..

As the shareholders of a Company can not meet so often to take decisions on day-to-day functions of the Company, directors are elected by the shareholders in accordance with the provisions of the Companies Act, 1956. Ultimate control over the directors rests with the shareholders and shareholders can remove a director in the General Body Meeting in accordan..

The study of various judgments of High Court and Supreme Court under section 397/398 of Companies Act, 1956 speak volumes about the complications in dealing with the cases of ‘oppression and mismanagement’ under section 397/398 of Companies Act, 1956. There were many judgments under section 397/398 explaining the powers..

SARFAESI Act, as the name of the act suggests, deals with 3 matters: Securitisation [Sec 2 (1) (z)] Reconstruction of Financial Asset [Sec 2..