Posts Tagged: act

Legal

Top 10 Legal Current Affairs: December 2024

Staying informed on legal developments is essential for those preparing for judicial services, CLAT, or any law-related exams.

Legal

How to Incorporate a Company in India?

Incorporating a company is not just a legal requirement but also a crucial step in establishing the credibility and structure of your business. It also helps build trust with stakeholders and lays the foundation for sustainable growth.

Legal

25 Must Know Keywords of Company Law

Understanding the key terms of Company Law under the Companies Act, 2013 is essential for students, professionals, and anyone involved in the corporate world. These terms are the foundation of the rules that govern how companies operate, who controls them, and how they interact with stakeholders.

Legal

5 Most Important Doctrines of Company Law

The Companies Act, 2013 is the backbone of corporate governance in India. It lays down the rules, principles, and doctrines that regulate the operation, management, and control of companies. These doctrines are essential for interpreting and applying the law in real-world scenarios.

Legal

Understanding NCLT and NCLAT in Corporate Disputes

The National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) are the two important judicial bodies in India’s corporate justice landscape. These tribunal bodies were established under the Companies Act, 2013, to handle the disputes and issues under the ambit of Companies Act, IBC and other issues related to companies.

Investing

Factors to Consider Before Investing in Stocks

In India, there's a fear attached to investing in stocks. 1 out of every 4 Indians avoid investing in shares and Mutual Funds despite their high risk-taking ability, as per our India’s Money Habits report (Vol. II).

Legal

Roles & Responsibilities of a Director in a Company

When people think of a company director, they often imagine someone with a lot of power, making big decisions and leading the company toward success. While this is partly true, being a director is about much more than just having control. It comes with a lot of responsibilities and duties.

Legal

Private Ltd vs Public Ltd Companies in India

While starting a business, one of the first big decisions someone can face is to choose the right structure for their business. It will be a decision that could affect everything from how to raise money to how much control they have over their business or company. Two of the most common choices from which one can pick are - Private Limited Company and Public Limited Company. But what do these two mean? And how can one decide on which will be the best pick?

Legal

How to amend MOA and AOA?

Businesses should be dynamic in order to evolve with the changing market demands, growth trends and as well as regulatory shifts. To keep up with these changes, companies find the need to update its core documents: the Memorandum of Association (MOA) and the Articles of Association (AOA).

Recent Updates

Supreme Court Upholds Section 6A of Citizenship Act (Assam Accord)

Back in 1971, when the Bangladesh Liberation War broke out between Pakistan and Bangladesh(then East Pakistan), lakhs of people came to India seeking refuge. And Assam became one of the main destinations for these immigrants.

Legal

What are Contracts Of Indemnity and Guarantee?

Contracts of indemnity and guarantee are special agreements covered by the Indian Contract Act of 1872. In a contract of indemnity, one person promises to compensate another for losses. In a contract of guarantee, three people are involved: a third person steps in to pay the debt if the debtor fails. Both types of contracts help protect creditors when a third party does not fulfil its obligations. Chapter VIII of the Act provides the rules for these contracts in India.

Recent Updates

Watching Child Pornography is Crime u/ POCSO: Supreme Court Ruled

India is one of the youngest nations in the world, with a large population of children. That is why ensuring children's safety is a top priority. But sadly, many of them are exposed to most horrific crimes like sexual abuse.

Legal

Do Doctors need Central Protection Law?

Doctors are seen as saviours, but who is saving them? In 2023, a study by the Indian Medical Association, Kerala, on 2400 doctors revealed that 66% of doctors experienced violence, and 90% faced verbal abuse.

Legal

Legal Separation and Divorce under Hindu Marriage Act

In Family Law, understanding the differences between legal separation and divorce is important. Couples often reach an uncertain path where they must choose between these two terms. While it may seem similar, they have distinct legal meanings.

Legal

Illegal Agreement vs. Unlawful Agreement

While studying the Indian Contract Act, 1872, we come across a lot of agreements, and while understanding about it, these two terms - "unlawful agreement" and "illegal agreement", often make us scratch our heads and become a topic of discussion.

Legal

How New IEA is Different from Old IEA?

The Indian Evidence Act decides what evidence can be used in Indian courts for both civil and criminal cases. But now the Bharatiya Sakshya Adhiniyam, 2023 (BSA) is a game-changer for India's criminal laws, replacing the old Indian Evidence Act of 1872 (IEA) with modern and new provisions. It officially came into effect on 1st July 2024 after getting the nod from both the Lok Sabha and Rajya Sabha.

Legal

Understanding Data Privacy Laws in India

You may have heard the famous statement from Google’s CEO in 2010: “There was 5 Exabytes of information created between the dawn of civilization through 2003,” he said, “but that much information is now created every 2 days, and the pace is increasing.” It is often said that “Data is the new Oil.” This should be enough to show the importance of data.

Legal

The Doctrine of Pious Obligation in Hindu Law

Debts have an important role in Hindu law, particularly regarding the responsibilities of a son to clear his father's debts. This is guided by the Doctrine of Pious Obligation, a unique principle in Hindu jurisprudence. This doctrine highlights a son's moral and spiritual duty to repay his father's debts to ensure their spiritual salvation. This responsibility extends beyond just the son; it includes the grandson and great-grandson as well, as they all inherit property rights by birth.

Top 10 Legal Current Affairs: December 2024

How to Incorporate a Company in India?

25 Must Know Keywords of Company Law

5 Most Important Doctrines of Company Law

Understanding NCLT and NCLAT in Corporate Disputes

Factors to Consider Before Investing in Stocks

Roles & Responsibilities of a Director in a Company

Private Ltd vs Public Ltd Companies in India

How to amend MOA and AOA?

Supreme Court Upholds Section 6A of Citizenship Act (Assam Accord)

What are Contracts Of Indemnity and Guarantee?

Watching Child Pornography is Crime u/ POCSO: Supreme Court Ruled

Do Doctors need Central Protection Law?

Legal Separation and Divorce under Hindu Marriage Act

Illegal Agreement vs. Unlawful Agreement

How New IEA is Different from Old IEA?

Understanding Data Privacy Laws in India

The Doctrine of Pious Obligation in Hindu Law

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