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 ..
Key takeaways Diversification is a key factor in why businesses choose to merge and acquire other businesses. The necessity for an M&A strategy arises when a firm seeks to diversify its business interests. The 2013 Companies Act's Chapter XV, ..
Origin of the COLLEGIUMThe tern collegium is defined as “a group of people which has approximately equal power and authority”, but the term is incorporated by judicial intervein. The Bar council of India on 17/10/1981 during a national se ..
Key takeaways The Latin phrase "beyond the powers of" is the root of the English word "Ultra Vires." Therefore, it indicates beyond the company's control when used in a corporate context. Ultra vires is when a company, or its ..
Key takeaways Corporate governance is the association of well defined laws, procedures, and rules that govern business operations. The idea of corporate governance was established with the primary goal of providing shareholders with considerable info ..
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