DOCTRINE OF INDOOR MANAGEMENT
This doctrine states about the right of presumption available to an outsider dealing with the company. The doctrine of indoor management, also known as the...
Category : Company Law
ADJUDICATORY BODY (MADRAS B A vs UOI)
HIERARCHY OF ADJUDICATION 3. SUPREME COURT 2. NATIONAL COMPANY LAW APPELLATE TRIBUNAL 1. NATIONAL COMPANY LAW TRIBUNAL There are two adjudicatory bodies under companies act,...
WINDING UP OF COMPANY
Winding up (or liquidation) is the process by which a company’s assets are collected and sold to pay off its debts. Any monies remaining after...
BOARD OF DIRECTORS
What is Board of Directors? A board of directors (BoD) is the governing body of a corporation or other organization, whose members are elected by...
LIFTING THE CORPORATE VEIL
What is corporate veil? The Corporate Veil Theory is a legal concept which separates the identity of the company from its members. Hence, the members...
CORPORATE VEIL OR SEPARATE LEGAL ENTITY
What is Company? Company is an artificial person with entity separate from its members having perpetual succession and common seal with transferability of shares and...
DOCTRINE OF ULTRA VIRES
The word “ultra” means beyond whereas the word “vires” means limits/powers/authority. Doctrine of ultra vires means the principle of acting beyond the specified limits, powers...
LL.B. III Term LB – 303: COMPANY LAW
Topic 1 : Nature and Kinds of Companies (a) ‘Company’ – Definition; Evolution; History of Company Legislation in India; Meaning and Natureof Company with Emphasis...
Embassy Property Developments Pvt. Ltd. v. State of Karnataka and Ors. MANU/SC/1661/2019
Case Summary Citation Embassy Property Developments Pvt. Ltd. v. State of Karnataka and Ors. MANU/SC/1661/2019 Keywords Facts M/s Uddhyaman investments Pvt Ltd claimed itself to...
Madras Bar Association Vs Union of India & Anr.Writ Petition (C) No. 1072 Of 2013
Case Summary Citation Madras Bar Association Vs Union of India & Anr.Writ Petition (C) No. 1072 Of 2013 Keywords Facts The petition was filed by...