Introduction: Corporate Social Responsibility refers to the responsibility of the corporate entities towards society. CSR activities are voluntarily undertaken by the companies to contribute to a cleaner environment and a better society. The benefits of these activities are two-fold. It provides the entities with an enhanced image in the society Read more…
Introduction: The word “Tax” comes from the Latin word “Taxare” which means “to estimate”. Taxes in simple words refer to an involuntary contribution that is inflicted on the public by the government. Taxes were first introduced in 2800 B.C. to 3000 B.C. in Ancient Egypt. In India, the existence of Read more…
Introduction: A charge refers to interest or claim, created on the property of an entity or its undertaking when it takes a loan from a financial institution. In simple words, when a company takes a loan from a bank it provides security of its assets, against the loan. It includes Read more…
Introduction: A Trademark refers to a mark that differentiates between goods and services of different traders. It is an essential element as it tells the customers about the uniqueness of the product and its source. As quoted by Phil Dusenberry, “a brand is nothing but an expression of consumer’s loyalty Read more…
Introduction: The concept of One-Person Company was first recommended by the specialized Committee of Dr. Jamshed J. Irani. It consisted of 13 members and 6 invitees from various fields having specialized knowledge. It classified companies based on the number of members into One-Person Company, Private Company, and Public Company. Considering Read more…
Offer and acceptance via email are legally valid and binding to the extent to which they conform with the essentials of a valid contract.
Introduction: A prospectus is defined under Section 2(70) of the Companies Act, 2013 as a document that includes a red-herring prospectus or shelf-prospectus, supplied to invite offers for purchase or subscription of shares or debentures or other instruments of a public listed company or a previously private company which is Read more…
Introduction: A contract has been defined under Section 2(h) of the Indian Contract Act, 1872 as an agreement that is enforceable by law of the land. A contract creates a relationship between the parties and governs their obligations. For a contract to be fairly understood and interpreted by each party Read more…