Introduction The field of employer-employee relationship has experienced significant developments and evolution in the recent past. Numerous legislations have been introduced to maintain the delicate balance of the relationship. These laws have a very wide scope. The purpose of this article is to shine a light on the numerous elements Read more…
INTRODUCTION Memorandum of Understandings is a preliminary understanding between the parties to the contract, prior to the execution of a formal agreement. It highlights the intention of the parties. MOUs are also Letter of Intent (LoI). It is execute to have consensus between the contracting parties for future contracts. It Read more…
INTRODUCTION Corporate Social Responsibility (CSR) can be characterized as a Company’s awareness of other’s expectations towards the network and condition (both environmental and social) in which it works. Organizations can satisfy this duty through waste and contamination decrease forms, by contributing instructive and social projects, by being naturally amicable and Read more…
Introduction A strategic partnership is, essentially, two businesses amalgamating their contributions to create a business model with increased efficiency and reduced cost to the company. These combinations could be in the supply chain, integration of technology, distribution of product, marketing, etc. It is not like the typical absorption of another Read more…
INTRODUCTION The main purpose of the Limitation Act is to provide a definite time period, within which one will be able to file a suit to sue another to seek justice. In case, the suit is filed after the termination of the time period as provided in this act, then Read more…
Introduction A bank serves the whole economy financially. And infect they not only responsible for financial support to the country but also responsible for the interest of stakeholders, employees and the security of money of customers. So the effect of potential bank failure is too damaging for both the economy Read more…
Winding up is a procedure by methods for which the disintegration of an organization is achieved and over the span of which its advantages are gathered and acknowledged; and applied in instalment of its obligations; and when these are fulfilled, the rest of the sum is applied for coming back Read more…
Introduction The country is facing a humanitarian as well as an economic crisis due to the onset of the Covid-19 Pandemic at an unprecedented level, bringing all the activities of natural course at a complete halt. The economic, political, and social activities are completely suspended due to the total lockdown Read more…
FACTS OF THE CASE 12th January 1980 (First Agreement) – National Agricultural Cooperative Marketing Federation of India (NAFED). They enter into a contract with Alimenta S.A, as into Supply of 5,000 metric tonnes of Indian HPS groundnut.It is a commodity to Alimenta. Contract Period was for the year 1979-1980 Terms Read more…
INTRODUCTION One of the initial phases in the arrangement of an organization is to set up a record called the Memorandum of Association. The MoA of the organization contains the major conditions whereupon alone the organization incorporate the organization’s MoA attempts to keep their outer undertakings in charge while the Read more…
Introduction The doctrine of indoor management aims and operated to protect outsiders from a company. It entitles the outsiders to assume that all acts and internal procedures comply with the documents in possession of the Registrar of Companies. The outsider who is entering into a contract with the company needs Read more…
INTRODUCTION Lifting of the corporate veil implies ignoring the corporate character. And also looking behind the genuine individual who is in the control of the organization. At the end of the day, where a false and deceptive use is made of the lawful substance, the people concerned won’t be permitted Read more…