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Law of Contracts

Acceptance May Be Implied: Offer and Acceptance By Conduct of the Parties

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Introduction: Agreements assume a significant part in our regular day-to-day existence going from protection approaches to work contracts. We go into contracts even without deduction, for instance, while purchasing a film ticket or downloading an application. The agreement is oral Read more

By Shivangi Nandi, 5 years02/08/2021 ago
Corporate Laws

Who Can Be a Member of a Company and Limitations on Becoming the Member?

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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 Read more

By Niyati Gupta, 5 years02/08/2021 ago
Corporate Laws

Unfair, Manipulative and Fraudulent Trade Practices in the Indian Securities Market

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Introduction: The securities market is a section of the financial market, where securities transactions have been conducted. As with any other financial market, the securities market is prone to scams, fraud and illegal activities. The Indian securities market involves millions Read more

By Riju Chowdhury, 5 years01/08/2021 ago
Corporate Laws

Allotment of Securities (Shares) and Statutory Restrictions on Allotment

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Introduction: The term “share” [as defined in Section 2(84) of the Company Act, 2013] refers to the company’s share capital, which comprises stock. Security is a term used to describe shares.  Section 2(80) of the Securities Contracts Act, 1956, relates Read more

By Sakshi Nair, 5 years01/08/2021 ago
Corporate Laws

Issue of Shares at Discount and Premium under Companies Act, 2013.

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Introduction: The term ‘capital’ has a variety of connotations. To an economist, it will mean one thing, to an accountant, and to a businessman or lawyer, it will mean something else. The amount invested in a firm is referred to Read more

By Simran Kang, 5 years01/08/2021 ago
Corporate Laws

Transfer of Shares and Restrictions on a Transfer

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Introduction: The ability to transfer a company’s shares is a significant feature. Shares and debentures are both examples of movable property. They are transferable in accordance with the business’s articles, particularly the shares of any member of a public corporation. Read more

By Gautam Khoiwal, 5 years31/07/2021 ago
Corporate Laws

Power of Company to Buy-Back its Securities: Purchase & Prohibition (S. 68 & 70)

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Introduction: Section 68 read with Section 77A of the Companies Act, 2013 implies that a private, public or unlisted company that is limited by shares or one limited by guarantee and possessing share capital, can buy its securities. A company Read more

By Sharanya Bhattacharya, 5 years31/07/2021 ago
Corporate Laws

Contract by One Person Company [S. 193]

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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 Read more

By Anushka Kumar, 5 years30/07/2021 ago
Corporate Laws

Protection of the Interest of Minority Shareholders

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Introduction: A company’s affairs are frequently decided in the best interests of the majority shareholders. Certain choices about the administration of a firm must be made on a daily basis, and these decisions are usually made by the majority of Read more

By Sakshi Nair, 5 years30/07/2021 ago
Corporate Laws

Director’s Duty to Disclose Interest Under Companies Act

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Introduction: A director holds a crucial part of the company and must always act in the company’s best interests. He should not take advantage of his position as the company’s “director.” He should not benefit in any way that isn’t Read more

By Simran Kang, 5 years30/07/2021 ago
Corporate Laws

Incorporation of a Company and Punishment for False Misrepresentation

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Introduction: A company is the amalgamation of a group of people who are working for a particular objective. A company is legally registered under the Companies Act, 2013. As per the company act, it means a company that is incorporated Read more

By Prashant Jaiswal, 5 years30/07/2021 ago
Cyber Laws

Offer and Acceptance Made Over Email

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Offer and acceptance via email are legally valid and binding to the extent to which they conform with the essentials of a valid contract.

By Anushka Kumar, 5 years29/07/2021 ago

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