Introduction: For a valid contract, its object and consideration should be lawful, according to section 10 of the Indian Contract Act, 1872. Both the object and consideration are essential elements of a contract, and which object and consideration are lawful is described under section 23 of the act. Section 24, says that either whole or…
HISTORY OF CAR TRADE The Company was established as a private limited company on April 28, 2000, in Mumbai, Maharashtra, in accordance with the Companies Act 1956. The Registrar of Companies Maharashtra issued the Company a certificate of incorporation (RoC). After a special resolution adopted by our shareholders at the EGM held on July 31,…
Introduction: GI is used as an indication for products having a specific geographical origin and possesses certain features or it has a reputation due to its indigenous nature. GI tag gives an assurance of quality and distinctiveness which is important attribute to its origin in that particular geographical area. GI products have the potential to…
The fastest-growing express logistics service provider in India, Xpressbees was founded in 2015 and offers end-to-end supply chain solutions. Customers can choose from a full range of last-mile delivery services, reverse logistics, payment collection, drop shipping, vendor management, cross-border services, fulfillment services, and customized software solutions. Several companies, including Alibaba and Innoven Capital, have supported…
There are numerous triumphs and just as many flops in the world of online startups. However, Porter, India’s biggest truck booking service, has a success story to tell. Porter is without a doubt the king of truck booking apps in India. There are many reasons why the business has seen tremendous success in such a…
Many people in India lack access to banking, making it difficult for them to accumulate emergency savings and settle obligations. Low-income households and small businesses that ran out of credit completely over the past few months due to the pandemic are included in the underbanked segment. Then there are start-up companies and small and medium-sized…
INTRODUCTION ‘Sources of Law’ are the origins of laws and can mean the force or validity of the law. Vinogradoff defines the source of law as a way through which the laws are evolved. They are the legally binding regulations that assist in the functioning of the state. The sources of law are very important…
THE CASE THAT STRUCK DOWN A LEGISLATION In the case of Roe v. Wadei , the appellant filed a suit challenging the abortion laws of the state of Texas, co-joined by a medical practitioner, on the simple grounds that the law was too nebulous to be ascertained in some cases. The Texas laws criminalized abortion…
Securities and Exchange Board of India (SEBI) was first established in 1988 but as a non-statutory body for regulating the securities market. However, later it became an autonomous body and accorded as statutory powers with the passing of the SEBI Act 1992 by the Indian Parliament. It has its head office at Bandra Kurla Complex,…
INTRODUCTION The negotiable instrument act was introduced in the year 1881.The act which helped to promote the growth of banking and financial transactions. Predominantly this act was introduced in the period of British rule, most of the provisions in this act still remain unchanged. The legal definition of negotiable is that something can be transferable…
