This Article is written By Subhashmin Moharana of NLUO, an intern under Legal Vidhiya Abstract To understand the basics of business contracts and agreements, we have to first understand Contracts and Agreements in their purity. Contracts are basically agreements between two parties which are enforceable by the law. Every Country Read more…
This article is written by Gunjeeta Jangra in her first semester at the National Law Institute University, Bhopal. ABSTRACT A commercial partnership is a kind of business arrangement in which two or more individuals, according to their capacities and preferences, come together to run and evolve a business idea. There 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…
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…
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…
A Public Company under the company act 2013 can offer its share to general public for subscription. In order to become a public company, the company need to offer its share to general public through IPO.As per section 2(71), Companies act (amendment) Act 2015, a public company means a company Read more…
A public company under the company act 2013 can offer its share to general public for subscription. In order to become a public company, the company need to offer its share to general public through IPO.As per section 2(71), Companies act (amendment) Act 2015, a public company means a company Read more…