This Article is written by Aditi Kaushik , 2nd year student at Unity PG Law College, Lucknow ABSTRACT Business laws and the Parliament of India are intricately intertwined, as the Parliament of India is responsible for enacting and amending laws that govern various aspects of business activities in the country. India Read more…
This article is written by Jyoti Yadav of Army Institute of Law, an intern in Legal Vidhiya. ABSTRACT “If ‘capital’ is the strength of a company then ‘prospectus’ is the manifestation to provide for that strength.” In today’s world in order to succeed or to build and to maintain its Read more…
CONFLICT OF INTEREST BETWEEN PUBLIC AND PRIVATE SECTOR This Article is written by Adil Abbas intern under Legal Vidhiya. ABSTRACT The relationship between the public and private sector in India is a crucial component of the country’s economic growth and development. However, this relationship can create potential conflicts of interest Read more…
A director is someone elected or appointed to manage a company’s business and affairs. A director of a company is neither an employee nor a servant of the company. They are professional people hired by the company to direct its affairs. Team of directors of the company is collectively known Read more…
INTRODUCTION The United Nations Industrial Development Organization (UNIDO) defines Corporate Social Responsibility (CSR) as “a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.” CSR is generally understood as being the way through which a company achieves a balance of economic, Read more…
Share Capital and Nature of share capital The term capital is referred as the amount needed by a business to start its operation. In the case of company capital is denoted as the amount of money raised by issue of shares. Being an artificial person company cannot generate money at Read more…
Differences between A Company and A Partnership A company is a artificial legal person created by law, with Perpetual succession and a common seal. Whereas partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting Read more…
The term company, as per the Companies Act, 2013, under section 2(20), is defined as “a company incorporated under the Companies Act 2013 or any previous company law.” A company is artificial person, in that since it is created by a process of law not by natural birth and it Read more…
Company can be defined as a group of people associated together for the purpose of carrying business with a motive of earning profit.The word ‘company’ is derived from the Latin word “Com” which means ‘With or together’ and Panis means ‘Bread’ and it was originally referred to an group of Read more…
Salomon v. Salomon & Co. Ltd (1897) A.C.22 The principle of separate legal entity was explained and emphasized in the famous case of Salomon v. Salomon & Co. Ltd. Fact of the case Salomon was a leather merchant, he was sole proprietor of his business. In 1892, he decided to Read more…