1. Person named in the instrument to whom money is directed to be paid is known as _______________. a) Drawer b) Acceptor c) Maker d)...

ICSI New Training structure 2021: The Institute of Company Secretaries of India (ICSI) revised training structure for the year 2021 based...

Preamble to the Constitution of India declares, India to be a sovereign, socialist, secular and democratic republic. The objectives...

Alternate Dispute Redressal is a method of out of the court settlements. This is an amicable, speedy method of settling disputes. As all...

When the special law have specific provision, general law would impliedly be excluded RELEVENT STATUTES: Arbitration and Conciliation Act...

Nunc pro tunc – “now for then”. The maxim nunc-pro-tunc was held to mean that if owing to the delay in what the court should, otherwise,...

Nullus Commodum Capere Potest De Injuria Sua Propria – No man can take advantage of  his own wrong/ No person can claim any right arising...

Insolvency and Bankruptcy code is enabled through different authorities and professionals. All these work in a system where the...

Insolvency – Insolvency is a state where the liabilities of an individual or an organization exceeds its asset and that entity is unable...

The Code applies to companies, partnerships and individuals. The main aim of the code is to resolve insolvency related process within a...

What is Insolvency & Bankruptcy Code? The code is the law consolidating all existing insolvency and bankruptcy laws in India. This is one...

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by...

1. In addition to a listed company, which other company is required to appoint a woman director (a) a company having paid–up share...

Multiple Choice Questions 1. Rajesh Homecare Limited, incorporated on 30th October, 2018, has ten subscribers to the Memorandum out of...

3 Formation of Company 4 Memorandum of Association 5 Articles of Association 7 Incorporation of Company 8 Formation of Company with...

1. The responsibility for maintenance of employee health under the Factories Act, is with a. Employees b. Employer c. Government d. RBI...

Essential commodities act is an act which is aimed at securing the interest of both manufacturer customer and trader. The Essential...

Companies Law – Majority Rule and Minority Rights Majority and minority define who has the power to rule. The structure of democracy is...

Wagering Agreement Agreements entered into between parties under the condition that money is payable by the first party to the second...

First of all we need to understand that the Companies Act 1956 had much liberalised structure for providing loans to directors....