Introduction: Section 8 company is a company which is established under Section 8 of the Indian Companies Act,2013(Section 25 of the Indian Companies Act,1956) with the main objective of- Promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any such other object[1] Wherein Read more…
Introduction: All the companies in India are governed by the Ministry of Corporate Affairs and all the steps of incorporation, to the Registrar of Companies. These institutions assist in smooth working and regulations of the Companies. It is to be made sure that all the companies are working fairly and Read more…
Introduction: A company is a separate legal entity but what makes it an entity is its members only. Members are the people who provide a separate entity to the company for the time being. In the case of an Unlimited Company, members are the people who are liable towards the Read more…
Introduction: The Doctrine of Privity of Contract is a very common principle in the common law system. The doctrine states that only the people who are a party to the contract can enforce the same. A stranger cannot file a suit in the court of law to get his rights Read more…