In today world, the third form of economy that is now at an accelerated pace is a “multinational corporation.” It is a multinational entity in at least one country other than its home country that owns or regulates the production of products or services. Potentially, they are the most important and perhaps the most divisive…
Position of Directors of the company Abstract A company has a separate legal existence. In other words, a company is a separate legal person, but the company has no soul, no body, no flesh. It cannot act in its own person. It can act only through human agency. The persons through which the company generally…
Psychology is the scientific study of behaviour, experience and mental processes. Behaviour includes all of our outward or overt actions and reactions, such as talking, facial expressions and movement. Mental processes refer to all the internal, covert actions of our minds, such as thinking, feeling and remembering. To study behaviour and mental processes in both…
Spiritual people look very similar to the common people and hence difficult to be identified. They are usually not dressed in white, blue or ochre dress. They don’t necessarily keep beard or shave their heads. They don’t live in forest, caves or in Himalayas. They live around you but you fail to identify them. You…
Indu Malhotra is a retired judge and senior counsel of the Supreme Court of India. She was the second woman to be designated as Senior Advocate by the Supreme Court. She also authored the third edition of The Law and Practice of Arbitration and Conciliation (2014). The Apex court of India in a majority of…
Introduction A partnership firm is a kind of business wherein a formal agreement is organised between two or more people. This is made accordingly who agrees to be the co-owners and distribute responsibilities to run an organization and manage that. It also has the responsibility to share the income or losses that the business generates…
Introduction Private limited companies are considered very important to start a business by startups and businesses. Under the Companies Act 2013, the private limited company is incorporated and it is governed by the ministry of corporate affairs. It is a corporate structure which gives a separate legal entity to the owners of business. It has…
Introduction A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public. A prospectus is filed for offerings of stocks, bonds, and mutual funds. The prospectus can help investors make more informed investment decisions because it contains a host of relevant…
Proprietorships Sole proprietorship is very easy to start. This form of business is very easy as it is not governed by any strict or specific laws. There are minimal compliances here and are fulfilled easily. There is a single person known as sole proprietor who takes the decisions and carries the management of the business.…
Introduction According to Sec. 2 (20) of The Companies Act, 2013, a “company” means a company incorporated under The Companies Act, 2013 or under any previous company law. The Indian Companies Act, 2013 has replaced the Indian Companies Act, 1956. The Companies Act, 2013 makes the provisions to govern all listed and unlisted companies in the country.…
