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 ..
IntroductionThe United States holds a general election near the midpoint of a president’s four-year term in office, generally it is done on the Tuesday after the first Monday in the month of November. All the 430 seats in the United States hous ..
In a very significant observation, the Allahabad High Court has in a most learned, laudable, landmark, logical and latest judgment titled Rama Nand vs Hira Lal in Second Appeal No. 1698 of 1900 and cited in 2022 LiveLaw (AB) 477 that was pronounced o ..
Key takeaways The Ministry of Corporate Affairs has made sure that not only is the incorporation procedure straightforward, but that the process of registering a company in India is completed more quickly. Incorporating a company, is done with the ba ..
There goes a well known adage that, "It is better to be late than never". It is really good to see that finally the Supreme Court has decided to go whole hog in cracking the whip on two finger test in rape cases. In a most recent judgment d ..
IntroductionReservation is a method to provide assistance to the historically disadvantaged groups of the community in the field of education, employment, government offices, and so on. The reservation existed even before the independence of India, i ..
Key takeaways A company's majority ownership and destiny tend to favour the shareholders. The proper and effective conduct of these meetings assesses both the Company's current operations and its long-term goals The meetings give shareholders ..
INTRODUCTIONThe word promoter is defined inS.2(69) of Companies Act 2013, as a person who has control over the affairs of the company, as a shareholder, director, directly or indirectly. A promoter is a person whose function is to form a company and ..
Key Takeaways A company, requires its members to make every decision after giving it careful thought and exercising prudent judgement, Annual General Meeting is a medium for a company to do so. Companies Act, 2013, establishes a statutory provision o ..
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