Archive | Law

The following are the rights of the insurer like Right to avoid the policy, Right of entry and control over the property, Right of reinstatement, Right to subrogation etc..

Complete information on insurance, its kinds and characteristics of contract of insurance are described in detail as follows…..

The two terms ‘insurance’ and ‘assurance’ are often loosely used to mean one and the same thing. But the terms are not synonymous. Assurance refers to a contract under which the sum assured is bound to be…

The difference between assignment and nomination are on assignment of life policy, all the right of the policy holder passes to the assignee. Nomination does not deprive the insured of his disposing power over the policy….

This article contains the difference between bodily harm and nervous shock. Bodily injury is caused by hard stick, bullet, hit by vehicle, etc. and Nervous shock is caused by words, gestures and scenery.

This article describes the difference between accident and Intention. There is no “means rea” in accident and there may be “mens rea” in intention.

This article describes 8 differences between Possession in Law and Possession in Fact.

This article describes the differences between “Act in the Law” and “Act of the Law”. “Act in the law” is also called as “act of the parties”. It is a juristic act.

The duties of directors are many and varied and difficult to describe in general terms. There are numerous statutory duties of the directors under the Companies Act on the one hand and on the other…

According to the Oxford Dictionary a ‘secretary’ is ‘one whose office is to write for another; especially one who is employed to conduct correspondence, to keep records and to transact various other…

The legal position of a company secretary may be explained as a servant of the company, as an agent of the company, as an officer of the company…

A “shareholder” denotes a person who holds or owns the shares. On the other hand, a “member” denotes a person whose name appears on the Register of Members…

Prime Minister forms a link between the President and the Council of Ministers. He communicates to the President about all decisions of the Cabinet. Prime Minister may intervene in the debates on different subjects in Parliament…

Articles of Association is another document of paramount significance in the life of a company. It contains regulations for the internal administration of a company’s affairs. Articles of association may…

This article contains 7 differences between Investitive Facts and Divestitive Facts.

A share certificate is a registered ‘evidence of title’ to the shares, issued by the company under its common seal, duly stamped and signed by one or more directors and countersigned by the secretary…