INTRODUCTION- The term “Company” basically means an association of a number of persons for some common object or objects. The purposes for which people may wish to make a company might differ. Buti in Legal terms, the meaning of the company might slightly differ, but not the purpose of the company, so, here a company…
View detailsINTRODUCTION Books of accounts means the records maintained in order to ascertain the financial position of the companies. It is mandatory to maintain books of accounts as it helps in the disclosure of the working as well as financial position of the companies to the shareholders so that they can have a more purposeful control…
View detailsPrivate property is a necessary institution, at least in a fallen world; men work more and dispute less when goods are private than when they are in common. R. H. Tawney Family disputes can result in a forced partition. Partition of property takes region while there may be joint possession of or greater individuals…
View detailsAfter a divorce in India, a wife may be entitled to certain property rights in her former husband’s estate. When a couple decides to divorce, it is a very difficult and stressful moment for them. Property issues, on the other hand, make things even more complicated. What would happen if the husband and wife were…
View detailsThe Companies Act, 2013 refers to proxies in 2 ways. The first meaning of proxy refers to an individual who has been appointed by a member to attend a board meeting on their behalf and vote in this meeting as a representative. The second meaning of proxy is referring to a document or instrument by…
View detailsINTRODUCTION: To run organization in a smooth manner, there is a need of efficiency in the organization, so it requires a systematic approach by maintaining records and registers. Statutory register is essential for an effective organization. MEANING: Statutory register contains essential information related to company’s current position and that must be accordance with Companies Act,…
View detailsThe conclusion of a single lawsuit can have far-reaching consequences for a business or conglomerate of businesses, potentially damaging the interests of the company’s founders, top executives, investors, and other key constituents. Lawmakers have been cognizant of the fact that speed is of the utmost essential in arbitrating corporate issues because even a single dispute…
View detailsChapter xx (sec270 – 365) of the Companies Act, 2013 (CA 2013) deals with the provisions related to winding up. Section 349 of CA 2013 provides for official Liquidator to make payments into public account of India. As per the section of 349 of company law in which it was given that “EVERY OFFICIAL LIQUIDATOR…
View detailsSome of the common reasons why according to students, they are unemployed are because: One of the biggest challenges that a lot of students technically face is because of too much reliance on Social Media. Information on Social Media is meant to be consumed with a pinch of salt. A few of the major reasons…
View detailsIntroduction When a winding up order has been released or a provisional has been passed, no suit or other legal proceedings shall be commenced or passed, or if pending at the date of the winding up order, shall be proceeded with, by or against the company, except with the leave of the Tribunal and subject…
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