Archive | Law

We know that the term ‘managing director’ is used side by side with the term ‘wholetime director’ in several Sections of the Act and most of the provisions apply to both of them equally. Obviously…

The directors are empowered to issue new duplicate share certificate in place of original certificate if such certificate is proved to have been lost or destroyed…

The term ‘Quorum’ means the specified minimum number of quali­fied persons whose presence is necessary for transacting legally binding business at the meeting. The quorum for a meeting of the…

A Government Company is defined in Section 617 as “any company in which not less than 51 per cent of paid-up share capital is held by the Central Government or by any State Government or…

Supreme Court comprises the Chief Justice and 25 other companion Judges appointed by the President of India. The Supreme Court is the guardian of liberties of the people and fundamental rights of the Indian citizens….

A private limited company may either automatically become a  public limited company or can be deliberately converted into a public limited company…

Indian Constitution mentions some of the most important rights of the citizens called fundamental rights. Directive Principles of State policy are not justiciable. The provision of Directive Principles thus can not be enforced in court of law…

This article contains the difference between Deterrent Theory and Reformative Theory. Deterrent Theory directs to impose exemplary punishments where Reformative Theory directs to impose the lesser punishments and stress more on reformation.

This article describes the differences between Sole Ownership and Co-Ownership.

The duties and responsibilities of company secretaries vary widely depending on the size of the company and on the form of organisation adopted. In a large company with a number of subsidiaries…

This article describes the differences between Intention and Motive. Intention is divisible into immediate act and ulterior object.

This article describes the differences between Corporeal Possession and Incorporeal Possession.

This article describes 10 differences between Vested Ownership and Contingent Ownership.

This article describes the differences between Corporate Sole and Corporate Aggregate.

This article describes the differences between Corporation and Partnership Firm.

This article contains the difference between Accident and Mistake of Fact. Consequences are not foreseen. Accident is done when the consequences unintended.