Today we live in industrial world. In todays world, industries are the prime-movers of the society and the country. For a country to progress, it is necessary that its industries progress. p class="MsoNormal" style="margin: 5pt 0i..
.style1 { font-weight: bold; } We all know the object of SARFAESI Act, 2002. There was a need to enable the Banks to speedily recover their loans and by approaching Civil C..
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Section 397/398 of the Companies Act, 1956 provides a relief to the minority against the majority if the majority indulges in the oppressive acts and the acts of mismanagement. It is not that every shareholder can avail the remedy available under section 397/398 ..
1. The Companies Act, 1994 (for short the Act) permits a company limited by shares, if so authorised by its articles, issue preference shares which are liable to be redeemed i.e. in light of the Act, a company cannot issue irredeemable preference share./..
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 crucial question..
Clause (o) of sub-section (1) of Section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002..
A contract of insurance may be defined as follows” a contract by which a person promises to indemnify other, for a consideration called premium, against losses that might happen as a result of the perils or events against which insurance is taken.” Thus a contract by which the..
.style1 { text-align: left; } Paper presented in International Cyberlaw Seminar on Cyberspace Usages and Disputes, Kochi, Kerala, India p class="MsoNormal" style="margin-top: 6pt; textt-indentt: 0.5in; linee-heightt: 150%; te..
Untitled 2 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 to foreign investments. The current period is the period of globalization and liberalization. p styl..
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?/..
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 e..
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 Chemicals L..
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The Companies Act, 1994 (for short “the Act”) permits a company limited by shares, if so authorised by its articles, issue preference shares which are liable to be redeemed i.e. in light of the Act, a company cannot issue irredeemable preference share. /..
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