BASIC LAWS AND RIGHTS EVERY INDIAN SHOULD KNOW

INTRODUCTION When we talk of knowledge about law, only people with legal backgrounds are expected to know the existing laws. By far, this should not be the case. Every person must have a decent knowledge of the law which will help him in several ways like promoting legal awareness as well as being a responsible... Continue Reading →

DEFAMATION

INTRODUCTION The reputation of the person plays a very important role in reflecting his character. People do not prefer engaging with someone with a bad reputation. Defamation is both, a tort i.e., a civil as well as a criminal offense. Defamation is when a person’s reputation is tarnished by another person. This does not sound... Continue Reading →

CORPORATE GOVERNANCE

INTRODUCTION Corporation means a company and governance means the procedure by which any organization is operated and controlled. Therefore, corporate governance deals with how the corporations are controlled, operated, directed, and rules and regulations relating to the same. IMPLICATIONS OF GOOD AND BAD CORPORATE GOVERNANCE Good corporate governance helps the organization to help achieve its... Continue Reading →

THE MINIMUM WAGES ACT, 1948

INTRODUCTION The minimum wages act was passed for the welfare of laborers. An employer must pay minimum wages to his employees. An employer is any person who employs and an employee is any person employed by an employer for any work i.e., skilled, unskilled, manual clerical, etc. The minimum wages act contributes towards eradicating poverty,... Continue Reading →

INTELLECTUAL PROPERTY RIGHTS

INTRODUCTION When a person brings out his/her creativity be it through art, objects, writing, music, etc. He solely has a right over it and it becomes his own property. This is exactly what is meant by intellectual property rights. A person has full ownership of his creativity and nobody can copy or reuse it without... Continue Reading →

CONSUMER PROTECTION ACT,2019

INTRODUCTION “A brand is nothing but an expression of the customer’s loyalty and trust” quote by Phil Dusenberry. Consumers’ happiness and satisfaction is something that makes the product or a company grow and this is a fact. The consumer is any person who buys goods or services for consideration. A person buying goods for the... Continue Reading →

THE MINIMUM WAGES ACT, 1948

THE MINIMUM WAGES ACT, 1948 INTRODUCTION The minimum wages act was passed for the welfare of laborers. An employer must pay minimum wages to his employees. An employer is any person who employs and an employee is any person employed by an employer for any work i.e., skilled, unskilled, manual clerical, etc. The minimum wages... Continue Reading →

NEGLIGENCE AS A TORT AND AS A CRIME

INTRODUCTION When a person commits or omits an act that causes injury to another, he is said to have committed a tort. A tort is a civil wrong for which the courts impose liability. A crime is an offense or an illegal act for which a person is subjected to criminal proceedings. Negligence in general... Continue Reading →

MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY

INTRODUCTION Every company once incorporated have to follow certain procedures. It becomes very crucial to know the scope within which a company can carry on its business activities i.e., a list of do’s and don'ts. Memorandum of Association and Articles of Association act as important corporate documents by laying down the same. MEMORANDUM OF ASSOCIATION... Continue Reading →

SHARES AND DEBENTURES

INTRODUCTION A company is a legal entity formed when two or more people come together with a common objective. Capital investment is a crucial factor when it comes to running business activities. Initial capital requirements are taken care of by the partners or investors of the company but as the company grows the capital requirements... Continue Reading →

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