Shareholders and creditors are one of the most vital components of a company and so company will be working efficiently only if these people are not facing any irrelevant tensions. Whenever a company gets involved in a situation where there is oppression or mismanagement against the creditors or sha

The Serious Fraud Investigation Office (SFIO) is a statutory corporate fraud investigation agency in India, under the jurisdiction of the Ministry of Corporate Affairs. It was founded in 2003 as a reaction to the rise in financial fraud cases and business frauds, including the Satyam affair. The SFI

Doctrine of Territorial Nexus state that laws made by a state legislature are not applicable outside that state, except when there is a sufficient nexus between the state and the object. This doctrine derives its authority from Article 245 of the Indian Constitution. Territory or Territorial refers

Hicklin Test states that material could be deemed obscene if it had the tendency to deprave and corrupt those whose minds were open to such immoral influences, particularly children and vulnerable individuals.

The idea of incidental or ancillary powers states that if a legislative body has the ability to legislate on a certain subject, it also has the power to act on related subjects. Unless the supplementary topic is specifically identified as falling under the purview of another legislative body, if hel

The easing of controls on managerial pay and the adoption of Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013, question the ongoing necessity of Section 198. This viewpoint echoes the Irani Committee’s 2005 perspective that comparable provisions in the Companies Act,

Sec 2(10) of the Companies Act, 2013 defines the term Board of Directors in relation to a company as the collective body of the directors of the company. Board of directors have power to contribute towards charitable, political or national defence fund but cannot act beyond the AoA or MoA.

Corporate Social Responsibility (CSR) refers to the practices and policies undertaken by corporations to have a positive impact on society. This concept involves going beyond the legal obligations of a company to consider the effects of its activities on the environment, employees, consumers, commun

The doctrine of severability entails that a part of pre-constitutional law or post-constitutional law can be deemed void and be severed from the rest of the operative part of the Act.

The doctrine of pith and substance serves as a cornerstone in a federal structure like India, ensuring a delicate balance between the Central and State legislative bodies. The application of this doctrine comes into question when the competence (authority) of the legislature regarding certain legisl

The next stage after a company is incorporated is to raise the capital required to operate the firm. The purpose of a prospectus, in addition to inviting investors, is to enlighten them about the company’s operations, finances, capital structure, possibilities for growth, management, etc.

Winding up a company under the Companies Act, 2013, is the process through which a company’s legal existence is brought to an end. This involves selling off the company’s assets to pay its liabilities and distributing any remaining assets to shareholders.

Explore the nuanced realm of the doctrine of constructive notice, where legal diligence and the presumption of knowledge converge. This principle compels individuals to investigate public records, ensuring they cannot claim ignorance of laws that shape property and corporate transactions. Dive into

The Doctrine of Indoor Management deals with the right of third party to protect them from the irregularities of the company.

Bill of Exchange Bill of exchange is defined under Section

An Affidavit (शपथ-पत्र) is a sworn statement or a declaration

Mutual Legal Assistance (MLA) is a vital mechanism that enables countries to collaborate in criminal matters. By establishing mutual legal assistance treaties and employing letters rogatory, countries can exchange information, serve legal documents, and seek assistance in investigations and prosecut

Arbitration is a dispute resolution mechanism outside the court, and has its roots in Roman Law. The Arbitration and Conciliation Act, 1996 in India, based on the UNCITRAL Model Law, provides a comprehensive framework for both domestic and international arbitration. It emphasizes party autonomy, lim

The Hindu Minority and Guardianship Act of 1956 defines guardianship relationships and safeguards the welfare of minors. It outlines the types of guardians, emphasizes the welfare of the child, and restricts natural guardianship based on religious affiliation. Judicial decisions have clarified the A

“The Doctrine of Notional Extension, a cornerstone of social security, broadens the concept of employment beyond its physical boundaries. It mandates compensation for workers in case of an accident during their employment, regardless of the location. This doctrine, which has shaped laws regarding em

Meaning of Doctrine of Eclipse The Doctrine of Eclipse is

“You cannot do indirectly what you are prohibited from doing

Introduction Abortion Laws in India witnessed a phenomenal change with

The Competition Act, 2002 defines abuse of dominant position as when a powerful company exploits its market strength to hinder fair competition.

Know about the Doctrine of Promissory Estoppel and its development through judicial interpretation.