Implied Conditions in Sale of Goods. Section 14 to 17 of the Act. Various conditions under the Act with case laws and illustrations. Conditions including Condition as to Merchanability, ..
NOMINEE DIRECTORS ELIGIBLE FOR ESOPS.Employee Stock Option (“ESOP”) is a popular tool used by companies as an incentive for employees.This is particularly true in public listed companies where the stock markets have set a value to theshares of such c ..
INTRODUCTION: Enterprises, the word over, now conduct business on a dramatically more on international scale. The growth of the world economies is directly connected with the millions of commercial contracts, which are becoming more international in ..
During the last two decades or so the attitude and lifestyle of the consumers of banking service have been influenced by the advancement in technology. In tune with technological changes the banks’ delivery system has to undergo tremendous transforma ..
Consequent upon deepening integration of economies across the world and internationalisation of production, our country as well has also become an ever-churning whirlpool of fierce economic competition. The money has started moving all fast and on ac ..
GuarantorsINTRODUCTION:Financial institutions may require guarantees to enhance the credit standingof prospective borrowers, thus enabling them to obtain financing.Many people think that a guarantor gives a reference of the good characterof the borro ..
Whether a Private Limited Company can grant loans or advances to its shareholder(s): A statutory analysis: On any question regarding granting loans or advances any corporate professional would generally recall the provision of section 372A or sectio ..
Businesses were competitive locally expanded to the national arena. Competitiveness in the national arena is now forcing business to go global. The days of regional differentiation are over. Old strategies that professed “Small is Beautiful” or offer ..
Meaning of Director as per the Companies Act, 1956A company is a legal entity and does not have any physical existence. It can act only through natural persons to run its affairs. The person, acting on its behalf, is called Director. A Director is an ..
Introduction:Meaning & Kinds: “Winding-up” in literal sense, means to bring to a conclusion or an end by putting in order.[1] It is defined as the process by which the life of a company is ended and its property is administered for the benefit of ..
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