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corporate law


Lawyers not liable under consumer Act: SC

Bar of Indian Lawyers vs. D. K. Gandhi (Supreme Court) The State Commission, Delhi, held that services rendered by a Lawyer would not come within the ambit of s. 2(1)(o) of the Consumer Protection Act, 1986, as the client executes the power of attorney authorizing the Counsel to do certain acts on his behalf and there is no term of contract as to the liability of the lawyer in case he fails to ..

Posted in articles |   3 comments |   4555 Views


Evidentiary value of minutes under section 195 and 211; an analysis

Section 195 of Companies Act, 1956 says that where minutes of the proceedings of any general meeting of the company or of any meeting of its Board of directors or of a committee of the Board have been kept in accordance with the provisions of section 193, then, until the contr..

Posted in articles |   2032 Views


Settled Principles of Law Vs. Company Law

          Understanding settled principles of law is very very important while presenting or pursuing a case before a Court of law, Board or any Tribunal. Keeping into mind the object of th..

Posted in articles |   2145 Views


Is Arbitration Law useful in getting speedy redressel?

As the traditional courts are burdned with so much litigation and as justice delayed is nothing but justice delayed, the alternative dispute redressel mechanism assumed great significance in the recent past. One of the alternative modes of dispute resolution is through arbitration and its governed by Arbitration and Conciliation Act, 1..

Posted in articles |   1443 Views


Dissolution of unregistered firm

0n 20/02/2009 the apex court has held that a suit for dissolution of can be filed by a partener of unregistered firm. the supreme court declared maharastra amendment made in 1984 in partenership Act  is unconstitutional. Sub-section 2A which was introduced by the Maharashtra Amendment 1984 states as follows :          &nb..

Posted in articles |   2553 Views


Appointment of an Arbitrator

  APPOINTMENT OF AN ARBITRATOR By G.Ashokapathy Co Founder of div style="background: #eeeecc; line..

Posted in articles |   4518 Views


Director As An Agent - Liabilities Under Contracts Act - 1872

 Sec 182.of the Indian Contract Act, 1872 says that "An 'agent' is a person employed to do an act for another or to represent another in dealings with third person. The person for whom such act is done, or who is so represented, is called the principal"   Where one..

Posted in articles |   4231 Views


Foreign Companies - Procedures for Opening Branches in India

Foreign Companies - Procedures for Opening Branches in India Under Companies Act and FEMA By Sanjay Singh Somwanshi Companies Incorporated Outside India: Right from days of East India Company foreign companies were incorporating companies in India. After the liberalization policy Indian companies also started incorporating subsidiaries..

Posted in articles |   3552 Views


LIABILITY OF A GUARANTOR

LIABILITY OF A GUARANTOR The Supreme Court in Sita Ram Gupta, Appellant Vs. Punjab National Bank and others, respondents, dismissed the appeal. Justice Tarun Chatterje..

Posted in articles |   4661 Views


Act against 'hawala' funding of terror, US tells India

Act against 'hawala' funding of terror, US tells India Warning that the 'hawala' system of illegal money transfer is "directly linked to terrorist financing", the US has urged India to cooperate with international initiatives to check money laundering and strengthen its own control regime...

Posted in articles |   2222 Views


Are shareholders' agreements enforceable in India?

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Posted in articles |   3053 Views


Procedure for incorporation of a Company

PROCEDURE FOR INCORPORATING A COMPANY IN INDIA “A SNAP SHOT” Incorporation of Companies in India and setting up of branch offices of foreign corporations in India are regulated by the Companies Act, 1956. The Companies Act of 1956 sets down rules and regulations for the establishment of both public and private com..

Posted in articles |   2130 Views


Due Deligence

What is due deligence? What is the procedure to do due deligence? format for reporting due deligence...

Posted in articles |   2245 Views


Inclusive Growth through Inclusive Governance by Mani Shankar Aiyar

@page {size: 8.27in 11.69in; margin-right: 1.25in; margin-top: 1in; margin-bottom: 0.49in; } P { MARGIN-BOTTOM: 0in; COLOR: #000000; DIRECTION: ltr; LINE-HEIGHT: 150%; widows: 2; orphans: 2 } P.western { FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman", serif; so-language: en-GB } P.cjk { FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman", serif..

Posted in articles |   2818 Views


FOREIGN INVESTMENT AND WTO

FOREIGN INVESTMENT AND WTO : Measures against expropriation Vijay Purohit & Manish K. Kanth   span id="c..

Posted in articles |   1848 Views


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