Articles

March 27, 2022

Prospectus

                                                 A public company, but not a private company, is entitled, by issuing a prospectus, to invite applications for its shares or debentures. Prospectus is defined by section 2(70) as “Prospectus means any document described or issued as a prospectus and includes a red herring prospectus referred to in section 32 or shelf prospectus…

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Hearsay Evidence

The word ‘hearsay’ is used in various senses. Sometimes it means whatever a person is heard to say; sometimes it means whatever a person declares on information given by someone else-Stephen. The term ‘hearsay’ is used with references to that which is written as well as that which is spoken, and in its legal sense,…

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Admiralty Act ,2017(overview)

Admiralty (Jurisdiction and Settlement of Maritime Claims) Act,2017 The Admiralty Jurisdiction Act seeks to consolidate the laws relating to admiralty jurisdiction (the jurisdiction to deal with maritime claims), legal proceedings in connection with vessels, their arrest, detention and sale and other connected matters. In Kamalakar Mahadev Bhagat v. Scindia Steamship Navigation Co. Ltd (AIR 1961Bom 186,…

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The Mischief Rule

The Mischief Rule The mischief rule of interpretation originated in Haydon’s case. In this case, the Boron’s of the exchequer resolved “that for the sure and true interpretation of all statutes in general four things are to be discerned and concerned; (1st) What are the common laws before the making of the act. (2nd) What…

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