What do articles under Companies Act include?

This article is written by Calista Chettiar, a Second-Year BA. LL.B. (Hons.) student from NMIMS, School of Law, Bangalore.   INTRODUCTION: A business’s incorporation procedure necessitates the existence of a written company constitution. The articles of association are the foundation of the company’s constitution since they outline the rules and regulations by which the Business…

Importance of business law in defining liability responsibilities within a contractual deal.

Introduction Business law plays a critical role in defining liability and responsibilities within a contractual deal as per the Companies Act and the Indian Contract Act. Here are some key reasons why: Legal Protection: Business laws provide legal protection to businesses and individuals. They define the rights and obligations of the parties involved in a…