PROVISIONS REGARDING KMP (Part II)A KMP is included within the meaning of “Officer in Default” under the Act.Details regarding KMP, changes therein and therefore the remuneration paid to them are required to be disclosed within the Annual Return of the corporate . Company is required to take care of a register of the KMPs at its registered office containing particulars which shall…
View detailsSuicide and suicide related conduct Suicide is a catastrophic demonstration that calls to accept precedence as a significant worldwide wellbeing concern. It is basically the demonstration of an individual closure his/her own life deliberately. As indicated by different definitions, Suicide is characterized as a passing brought about by one taking part in damaging practices toward…
View detailsVOTING IN COMPANY LAW A member can participate in the decision making process of the company by voting at the meetings. Such a right to vote can only be restricted by the articles of a company, where it stipulates that the shares in respect of which any call money or sums remains due or shares…
View detailsA meeting could be generally defined as a gathering or assembly or getting together of variety of persons for transacting any lawful business. There must be atleast two persons to constitute a meeting. When a company defaults in holding an annual general meeting as required, the Tribunal has the power to call such meeting upon receipt of an application…
View detailsSocial media, its utilization and fame today In our current reality where there is a consistent need to improve correspondence and associate with individuals, it is just inescapable for people to discover methods for facilitating the cycle. The way that man is a social being who doesn’t exist in segregation illuminates the significance of Communication…
View detailsDue to the development of the nation, the number of corporations also increased and this conflicts between them. So, in order to bring this situation under control the court took a reasonable approach and lifted the corporate veil. It is not possible to enlist each case in which this principle has been used but some…
View detailsThis doctrine means disregarding the corporate personality and searching the real person who are in having the control of the company. In simple words, where a fraudulent and dishonest use is made of the legal entity, the individuals concerned will not be allowed to take shelter behind the corporate personality. This is the situation when…
View detailsThe term Act of God literally means any situation which is out of human control like natural disasters including tornado, flood, volcanic eruption, earthquakes, tsunami, tidal wave etc. it is a natural catastrophe which no one can prevent. It is based on the principle Vis Major which means “a loss that results immediately from a…
View detailsIntroduction Alternative Dispute Resolution or ADR, or Amicable Dispute Resolution is the process of settling disputes without the interference of the court. It is a private way of solving disputes and is used a lot in today’s time. ADR is one of the best methods for getting quick and economic dispute resolution. It consists of…
View detailsSocial Media and Suicide Risk A massive amount of data on the subject of suicide is accessible on the Internet and through social media. Biddle directed a methodical Web search of suicide related terms (e.g., suicide, suicide techniques, how to slaughter yourself, and best suicide strategies) to reproduce the consequences of a common hunt led…
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