Business
Disqualification of Directors
The directors regulate corporate affairs of a public limited company. They are responsible for formulating plans, policies, and strategies. Directors are the trustees of the…
Insurance
Business
Managing Agent
Managing Agent The managing agent is defined “as a person possessing and exercising the right of general control, authority, judgment, and discretion over the business…
Business
Promoter definition in Company Law
Promoter definition in Company Law The term Promoter is not defined in the Act. A promoter is a word which is used to describe the…
Business
Procedure of Registration and Incorporation under company Act, 1994
The procedure of Registration and Incorporation under the company Act, 1994 – For the registration of a company, the following documents, together with the necessary…
Business
Contents of a Memorandum of Association
The memorandum of association of a company being its charter, the right of the company to alter its contents is rigidly limited by the provisions…
Business
When and how the Memorandum can be altered?
The memorandum of association of a company being its charter, the right of the company to alter its contents is rigidly limited by the provisions…
Business
Confound between Memorandum and Articles of Association
The memorandum of association of a company states the company name and aims to out the main and subsidiary objectives of the company. An article…
Business
Endorsement in negotiable instruments
Endorsement in negotiable instruments The endorsement has different meanings, but in the law of negotiable instruments such as checks and securities, it is the act…
Business
Rules Regarding Minor’s Agreement
Rules Regarding Minor’s Agreement A Person under the age of eighteen years is called a Minor. An infant or a minor is a person who…
Business
Consensus ad idem
Consensus ad idem The Latin term consensus ad idem, an “agreement of the minds,” is used to describe a situation where people fully understand a…
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