Introduction: Poison pill is a company’s protection against an undesirable control over offer whereby investors have conceded the option to buy stock at a low cost so as to expand the aggressor’s obtaining costs. Poison pill designs commonly are received to shield minority investors from deficient takeovers and to build Read more…
Introduction: If we talk about the definition of the company in a broad sense then it is a group of persons who have come together or who have invested money for some common purpose and have incorporated themselves into a distinct legal entity. Company is the combination of two distinct Read more…
Introduction: Limited Liability Partnership is a hybrid form of business consisting of the elements of both a general partnership and a company. The main advantage is the limited liability of the partners and firm having a separate legal entity along with the benefits of having flexible operations in accordance with Read more…
Introduction: The complexities of the employment contract are ever-changing, with the advent of new economic policy posed in 1991 the globalized economy gave away to a plethora of disputes too. Prior to 1991, India was a labor-intensive economy that had laws to safeguard the rights of poor but now India Read more…
Introduction: Ambush marketing is a concept where a brand advertises and capitalize through an event, generally a sports event, by associating with the event while refraining from not being the event’s official sponsor. It refers to the company’s attempt to capitalize on the popularity of a well-known property or event Read more…
Introduction: In case of dishonour of a negotiable instrument, notice of dishonour must be served to all the parties by the holder for payment of dues. The term “Dishonour” means not honouring one’s obligation. Such dishonour can be caused by either non-payment or non-acceptance. The Negotiable Instrument Act that came Read more…
Introduction: The term “asset” is not defined under the Companies Act, 2013. It is, however, defined in the Black’s Law Dictionary as: The word, though more generally used to denote everything which comes to the representatives of a deceased person, yet is by no means confined to that use, but Read more…
Introduction Fast Track Mergers is a scheme that has been introduced as per the Companies Act, 2013 under Section 233 read along with Rule 25 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. This provision was introduced on the 15th of December, 2016. According to recent trends, it has Read more…
Introduction When starting a new business one should know the main difference between the two. Both of them have distinct features and which makes it suitable for different businesses based on the kind of investment and the risk involved. Which one is better is left to the discretion of the Read more…
Introduction Insolvency and bankruptcy code, 2016 initially received the assent of the president on 28 May 2016, when it was drafted it had 255 sections and 11 schedules. But over the period of time changes have been made via the Insolvency and Bankruptcy Code (Amendment) ordinance, 2019 and now recently Read more…
Introduction Insolvency is a term for an organization or individual, who fails to meet its financial obligation to its lenders as debts become due. It is simply a state of being unable to pay the money owed, by a person or a company on time; those in a state of Read more…
Introduction A share is the proportion of the amount paid to the total capital payable to the company. It can also be understood as a proportion of interest in a company’s assets. Through issuing shares the company raises money. One of the landmark cases related to the concept and nature of Read more…