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 ..
Key Takeaways The Foreign Exchange Management Act, or FEMA, is a piece of legislation that regulates the movement of money into and out of India The Reserve Bank of India performs a number of functions, including monitoring various policies that are ..
Meaning and definitionThe term meeting is not codified under the companies act, the word meeting is defined as “assembly of people for a particular purpose, for formal discussion”. A company meeting can be defined as a concurrence or comi ..
Key takeaways Government Company refers to any company in which the Central Government, any State Government, any combination of the Central Government and one or more State Governments, or a Company that is a Subsidiary Company of such a Government ..
Key takeaways According to the provisions of the Companies Act of 2013, it was established on June 1st, 2016, (Section 408). The NCLT is a quasi-judicial organisation created to settle all business-related disputes, with the exception of criminal pro ..
Key takeaways A private placement is any offer of securities or invitation to subscribe for securities made by a company to a select group of people other than through a public offering through the issuance of a private placement offer letter. A comp ..
Key takeaways Section 2 (62) of the Companies Act, 2013 defines a one-person company as a company that has only one person as to its member. A business that is owned and run by one person is known as a sole proprietorship. Proprietorships are recogni ..
While displaying absolute zero tolerance towards terrorism and terrorists, the Apex Court as recently as on November 3, 2022 in a most learned, laudable, landmark and latest judgment titled Mohd Arif @ Ashfaq vs State (NCT of Delhi) in Review Petitio ..
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