Crime is a necessary evil that must be eradicated. A crime is any act that is prohibited and penalised by the law. It is difficult to define a crime generally because the meaning of the term differs from country to country, and activities that may result in incarceration and punishment in one country may not…
In Indian company law, a one-person company is defined as an individual who decides to start a business on his or her own. Entrepreneurs frequently choose to operate as a one-person company in order to maintain control over decisions and work quality. These lone entrepreneurs are also referred to as “solo entrepreneurs.” Free agents, freelancers,…
As the saying goes, what goes around comes around. Everything is inextricably linked to everything else. Only the produce that a guy deserves as a fruit of his labour will be given to him. This is how the virtue of responsibility motivates people to do what is good for others. A decent citizen has a…
Introduction Human resources concept is a recent origin , it begins around the end of 19th century in Europe. Earlier this this concept was known as manpower planning and it was used in ancient era and gradually the concept get developed as according to the social development form personal management to human resource management .…
The duties of directors were first time codified in the Companies Act, 2013 under Section 166 which specifies that, company’s director shall act in accordance with articles of the company along with mandates to the directors as specified in the Act. It is required under section 178 (1) of Company Act, 2013 read with Rule…
Shark Tank is a business reality TV show that started in the United States in 2009. The show has come up with an Indian version and it has become the ‘talk of the town’ in every conversation, especially among the youth. For those unfamiliar with the show’s premise, Shark Tank allows prospective entrepreneurs to pitch…
Foreign company” means any company or body corporate incorporated outside India which,— (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and, (b) conducts any business activity in India in any other manner. For U.S. federal tax purposes, where “foreign corporation” means a corporation…
What is a Foreign Company : Foreign company” means any company or body corporate incorporated outside India which,— (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and, (b) conducts any business activity in India in any other manner. For U.S. federal tax purposes,…
INTRODUCTION The primary assumption of knowing the statutory provisions relating to partnership is obtained mostly from knowledge of the Indian Partnership Act of 1932. This was one of the first precedents established in Indian statute history, evaluating and analysing the important junctures related with the partnership process in India. However, this is essentially a legacy…
INTRODUCTION TO FOREIGN COMPANIES IN INDIA There are various kinds of companies like Public, Private,or government-owned that operate in a country. Depending on their particular nature suitable rules and regulations have to be formulated for each kind of company_ Every country has specific rules and regulations applicable to home grown companies. Similarly, a company operating…
