After 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…
The 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…
INTRODUCTION: 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,…
The 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…
Chapter 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…
Some 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…
Introduction 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…
INTRODUCTION A company’s dissolution is the final stage of its existence. It is the process by which the company is terminated, i.e. the process by which its corporate existence ends and it is finally dissolved. A company can be wound up by a National Company Law Tribunal (“Tribunal”) or by voluntary winding up, according to…
Many people still don’t have an idea about how to rent the property and what amendments have been made, its benefits, and its importance in this particular situation. What are the legislations that have been enacted in order to solve the dispute between tenant-landlord through filing civil litigation in case of the breach or for…
INTRODUCTION A shareholder usually referred to a person, business, or organization that has at least one share of company stock. Since shareholders are a company’s owners, they profit from its performance in the form of a rising stock valuation. Individuals in an organization whose interest in democratic decisions made by the corporation is disregarded by majority…
