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
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
Adverse possession means when a person holds property owned by any individual for an uninterrupted period for more than 12 years, they would become the
What is acknowledgement? Acknowledgement, in the legal context, is essentially a debtor’s formal recognition of existing liability. According to Black’s Law Dictionary, acknowledgement signifies “a recognition
Essential Elements DOCTRINES OF RES JUDICATA Object Object of res judicata is to give finality to decision given by court. It is applicable where a suit