Bare Act Analysis
Cognizance of an offense U/S 138 of the NI Act, 1881
Section 138 of the Act deals with the dishonor of cheques. It has no concern with the dishonor of other negotiable instruments.
Corporate Laws
Forfeiture and Surrender of Shares
Introduction: Forfeiture of shares alludes to the circumstance where the distribution of shares is dropped for the investors because of the non-payment of instalment of any portions. As opposed to that, surrender of shares happens when investors return the shares to the company for crossing out. Surrender of shares is Read more…
Corporate Laws
FSSAI Registration
Introduction: Step up under the Ministry of Health and Family Welfare, Government of India, the FSSAI, or the Food Safety and Standards Authority is an autonomous body established under the Food Safety and Standards Act of 2006. The FSSAI is answerable for advancing and securing general wellbeing by carrying out Read more…
Corporate Laws
Annual Return of a Foreign Company [Form FC-4]
Introduction: Each foreign Company will plan and record, inside a time of sixty days from the last day of its monetary year to the Registrar yearly return in Form FC.4 alongside such charge as given in the Companies (Registration Offices and Fees) Rules, 2014 containing the specifics as they remained Read more…
Corporate Laws
Doctrine of Ultra Vires
Introduction: Each company has a Memorandum of Association of Company, which is the company’s constitution. The memorandum defines the company’s objectives, powers, and areas of operation, each internal and external. The memorandum is an overview and a guide that the executives of the corporate will follow to make sure of Read more…
Law of Contracts
Nature of Consideration for Contracts Consisting of Number of Terms
Introduction: ‘Consideration’ means ‘ something in return ‘, i.e.quid pro quo the essential mainstays of a legitimate agreement. In like manner speech, consideration alludes to something paid to somebody as a trade-off for something different which, in lawful phrasing can be perceived as the cost or payment which must be Read more…