This case cleared that if shareholders have rights to dividends from corporate profits then directors also have broad discretion to use those profits for lawful business expansion efforts deemed beneficial for the company’s future.

In the case of Anil Kumar Sawhney v. Gulshan Rai, Supreme Court held that a ‘cheque’ under Section 5 of the Act is also a bill of exchange but it is drawn on a banker and is payable on demand. Thus bill of exchange even though drawn on a banker, if it is not payable on demand, it is not a cheque.

This case deals with the bogus and malafide transfer of corporate property in the name of wives of directors to avoid the vesting of the property in Central Government under Section 3(1) of the Coal Mines (Nationalisation) Act, 1973

In this case, the Kerala High Court overturned a conviction under Section 15(2) of the POCSO Act, 2012, and Section 67(B)(b) of the IT Act, 2000. The court found no evidence that the accused intentionally downloaded or distributed child pornographic material, leading to his discharge.

This case focus around the power of directors in a joint stock company and introduced the concept of indoor management

This case deals with section 42(1) of the Income Tax Act, 1922 (IT Act) and the Court is entitled to lift the corporate entity if the entity is used for tax evasion or to circumvent tax obligation.

In 1990s, there were many reports of starvation death and suicide in Bihar because of non payment of salaries by certain government companies to their workmen and other employers. So, a writ petition was filed based upon which court held that the employees have a human right as also a fundamental r

In this case court ruled that in times of war, the court may raise a business’s corporate veil and consider the nationality of its members and directors to assess if a company is an enemy. If the people in de facto (in fact) charge of the company’s affairs live in an enemy country, the corporation m

Advocates cannot be held liable under the Consumer Protection Act for deficiency in service.

Discover the transformative legal saga of Salomon v. Salomon in our detailed analysis. Uncover how this landmark case reshaped corporate law by affirming the principle of corporate personhood and limited liability, forever altering how companies and shareholders are viewed within the legal framework

Memorandum and Articles of a company are presumed to be notice to the public.

Absence of “Saptapadi” did not invalidate the marriage.

Citation: AIR 1958 SC 1042 Date of Judgement: 04th September, 1958

There is no absolute rule that extra judicial confession can never be the basis of conviction

Citation: AIR 1960 All 684 Date of Judgement: 29th August,

Citation: (2014) 1 SCC 188, AIR 2014 SC 869 Date

A company cannot protect itself from the secretary’s fraudulent activities.

Outsiders dealing with the company are not to be affected by irregularities which may take place in the internal management of the company

In the case of Dev Kishan & Ors v. Ram Kishan and Ors, disputes arose over property transactions within a joint Hindu family. The plaintiffs challenged the validity of transactions conducted by the family’s manager, Madan Lal, who sold properties to Kishan Lal, alleging they were conducted without l

Citation: AIR 1974 MAD 178, AIR 1974 MADRAS 178, 1986

In order to prove second marriage legal, the solemnisation of the second marriage should be in proper way of customary rites performed in the second marriage. Customary rites includes two ceremonies namely; invocation before the sacred and the saptapadi.

Wife of a disqualified heir can not claim fro inheritance of estate of her deceased father- in- law and explained that if the son cannot inherit, then the wife, who inherits through her husband, cannot claim the deceased father- in- law’s property either.

In this case Supreme Court of India interpreted the meaning of ‘state’ under Article 12 and its applicability to a cooperative society that falls under preview of U.P Ganna Kisan Sansthan

Government Officers’ Union Denied! Discover why a bid for collective bargaining rights by non-gazetted officers was struck down by the Madras High Court. What does this mean for civil servants?

In succession that began prior to the Hindu Succession Act, 1956, the rule under Mitakshara law that a male ancestor up to three degrees below him the same rights as coparceners in that property from any of his paternal ancestor.