Category Archives: Business Law

Companies Act 2013 & Corporate Governance in India.

This is a research paper in which I have tried to address some major points of amendments in Company Act 2013 and what will be the consequences of this on corporate governance. Abstract Purpose: After long stretch of 56 years, … Continue reading

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Why MBA?

MBA is the most dignified degree of our time. But somehow this thought of WHY MBA? keeps pondering over my head. In fact I used to teach MBA students and every time I questioned them why do you want to … Continue reading

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A real example: Right to Information Act-2005

Right to Information Act is passed by Parliament on 15th June 2005 and came fully into force on 12th October 2005. The Act is applicable in whole of the India except Jammu and Kashmir . The Act is to provide … Continue reading

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Companies Act-1956

“Company is an association of collection of individual person whether natural person, legal person or a mixture of both”. Company member shares a common purpose and unite in order to focus their various talent and organise their collectively available skills … Continue reading

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Essentials of valid Contract

First take a look at the meaning of contract. According to Section 2(h) of the Indian Comtract Act 1872: ¬†“An agreement enforceable by law” is a contract. It means a contract is an object which is stated to make legal … Continue reading

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Kinds of Partners

partners are the person who have mutually entered into the partnership firm and are liable for the liabilties of the business as well as enjoys the authority.There are six kinds of partners as listed in the act. ¬†Active or Actual … Continue reading

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Partnership and Company-Difference

S.No Basis of Difference Partnership¬† Company 1 Regulating Act Governed by provison of the Indian Pratnership Act 1932 Governed by the provison of Companies Act 1956 2 No.Of members Maximum no in case of banking business is 10 and 20 … Continue reading

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