Section 2(h) Archives - Black n' White Journal

Sweat Equity Shares

Introduction: When a company needs to generate more capital or wants to take a loan but not from a bank or without any liability, it decides to divide its ownership in the general public by giving people a share or apart in the company’s ownership. Thus, people buy these small Read more…

By Sejal Chaturvedi, 3 years13/08/2021 ago

Law of Contracts

Adequacy of Consideration

Introduction: Section 2(h) of the Indian Contracts Act mentions that any agreement which is enforceable by law is a contract.[1] In addition to this Section 10 of the Indian Contracts Act mentions the requirements of a contract, existence of some consideration, competency of parties, free consent and the object pertaining Read more…

By Shikha Shah, 4 years06/05/2021 ago

Enter your email Address

Section 2(h)

Sweat Equity Shares

Adequacy of Consideration