Jurisdiction of Civil Courts in Company Law Matters

Introduction Civil courts have the authority to try every suit which is of civil nature excluding those suits the cognizance of which is either impliedly or expressly barred. The Code of Civil Procedure, 1908 guides the working of the Civil Courts in India. Civil courts have jurisdiction in the  matters of company law but then... Continue Reading →

Companies (Winding up) rules, 2020 and its impact on NCLAT

Introduction Any company’s dissolution is the ending step of its life. Company’s dissolution is the procedure by which the corporation is finished, or in other words the method by which company’s presence ends and it is lastly dissolved. A company may be wound up either by a National Company Law Tribunal or by voluntarily termination,... Continue Reading →

Calls on Shares of Same Class to be made on Uniform Basis

Section 49: Calls on shares of same class to be made on uniform basis. Any requests for additional share capital made in relation to a class of shares must be made uniformly with respect to all shares included in that class. For the purposes of this section, shares with the same nominal value but differing... Continue Reading →

Procedure of Alteration of Memorandum and Article of Association

When a company is incorporated, one of the documents that must be filed with the registrar of companies is the memorandum of association. The definition of a memorandum in Section 2(56) is "the memorandum of association of a company as initially formulated or as revised from time to time pursuant to any previous company law... Continue Reading →

Who is Expert under Companies Act

Section 2 (38) "Exper" of Companies Act, 2013: Engineers, valuers, chartered accountants, company secretaries, cost accountants, and anybody else with the capacity to give a certificate in accordance with a current legislation are all considered "experts." If a person possesses in-depth knowledge in a certain subject or special abilities that are essential to a group's... Continue Reading →

Companies (Winding up) Rules, 2020 and its Impact on NCLAT

 Companies (Winding Up) Rules, 2020 (the "Rules") have been made public by the Ministry of Corporate Affairs (the "MCA") in a notification dated January 24, 2020. The Corporations Act of 2013's "Summary Procedure for Liquidation u/s 361" and "Winding Up for the Circumstances u/s 271" both apply to companies entering these processes. The Rules will... Continue Reading →

Inspection, Inquiry and Investion under Companies Act

Introduction Under chapter XIV, which covers sections 206 to 229 of the Companies Act 2013, the requirements relating to "inspection, inquiry, and investigation" have been incorporated. this clause falls under one of the following four categories:- Part A of the Companies Act 2013 deals with inspection and investigation (sections 206 to 209); The investigation is... Continue Reading →

   Different Types of Share Capital

An equity share, occasionally appertained to as an ordinary share, is a form of fractional power that entails the topmost quantum of entrepreneurial responsibility for a trading organization. Let's examine equity shares in lesser detail. The company keeps its equity share investment capital. It's only returned after the business has been shut down. The company's... Continue Reading →

STATEMENT OF CLAIMS : ARBITRATION

Intrоduсtiоn The  stаtement  оf  сlаim  аnd  the  stаtement  оf  defenсe  аre  the  рrimаry  filings  оf  the  аrbitrаtiоn  рrосeedings.  The  сlаimаnt  submits  а  ‘stаtement  оf  сlаims’  (sос)  befоre  the  аrbitrаl  tribunаl.  Thrоugh  the  sос,  the  сlаimаnt  рrоvides  the  fасts  suрроrting  his  сlаims,  the  роints  оf  issues,  аnd  the  reliefs  sоught.  Оn  the  оther  hаnd,  the  resроndent ... Continue Reading →

Basics to Contract Drafting and Contract Review

The foundation for every legal relationship between two or more parties is established on a basis of a contract. A contract is a document containing a set of terms and clauses framed by the individuals, companies and/or other legal entities that specifically dictates the relationship between such individuals in the future. Once the contract is... Continue Reading →

N. V. Ramana   and U. U. Lalit          

CURRENT CHIEF JUSTICE OF INDIA “Nuthalapati Venkata Ramana is an Indian judge who is serving as the 48th and current chief of justice” Previously, he was a Judge of Supreme Court of India, Chief Justice of Delhi High Court and the acting Chief Justice of Andhra Pradesh High Court.He has also served as the president of the Andhra... Continue Reading →

Doctrine of Necessity | Sec 81 Indian Penal Code

Introduction The Black’s Law Dictionary defines the word ‘necessity’ as ‘Controlling force; irresistible compulsion; a power or impulse so great that it admits no choice of conduct.’ When a defendant, in order to prevent a greater harm from taking place, commits a crime or a criminal act during an emergency situation like such, the defence of necessity is... Continue Reading →

BAIL

L THE WHAT AND WHY OF BAIL? Bail is not defined under the CrPC however, we always believe in “innocent until proven guilty” but despite this basic concept of the criminal justice system the accused is arrested and denied his right to personal liberty. Long trial and delayed justice mar the concept where the accused... Continue Reading →

BAR COUNCIL OF INDIA

The Bar Council of India is a legal body made by Parliament to control and address the Indian bar. They fill the administrative role by endorsing principles of expert direction and behavior and by practicing disciplinary ward over the bar. They additionally set guidelines for legitimate instruction and awards acknowledgment to universities whose degrees in... Continue Reading →

AIR POLLUTION IN INDIA

There have been different endeavors to concentrate on the air quality in Indian urban areas. The capability of climatic cancer-causing emanations to put human wellbeing in danger has been concentrated by Gurjra, Mohan, and Sidhu (1996). Gurjar, Aardenne, Lelieveld, et al. (2004) outlined a far-reaching discharge stock model to comprehend the emanation patterns in Delhi,... Continue Reading →

CRIMINAL JUSTICE SYSTEM IN INDIA

The point of the Criminal Justice System is to punish the liable and protect the innocent. Albeit the expansive forms of the Criminal equity framework are only occasionally arranged, these can be surmised from various resolutions, including the Constitution and legal proclamations. In a popularity-based edified society, the Criminal Justice System is relied upon to... Continue Reading →

COVID-19 crisis and its impact on courts

COVID-19 has already impacted every sector and, the COVID-19 crisis had additionally truly affected the typical working of justice administration in India, as in different nations, and tossed a spanner in the method of ordinary working of courts. Not just in the Apex Court and high courts in every one of the conditions of the... Continue Reading →

Elections in India and its importance in Democracy

India is the biggest democracy in the world, and the elections of India are the biggest political race work out. Individuals of India straightforwardly choose the Prime Minister by taking part in the General/Lok Sabha races at regular intervals. Since India has taken on the bicameral arrangement of lawmaking bodies, the parliament is made out... Continue Reading →

Importance of Law in a society

Law is vital for a society for it serves as a norm of conduct for citizens. It was additionally made to accommodate legitimate rules and requests upon the conduct of all residents and to support the value of the three branches of the government. It keeps society running. Without law, there would be tumult and... Continue Reading →

Should robots have rights?

If we talk about robots rights with the people, then maybe it is unthinkable, or they will deny such rights, and the argument often made by most people is because of the way people think about the technology, to begin with, there is an underlying question to which people already have a subconscious answer in... Continue Reading →

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