Category Archives: Legal Aid

Incorporation of LLP and Procedure

This article titled ‘Incorporation of LLP and Procedure.’ is written by Mayank Shekhar and discusses the concept of Incorporation of a Limited Liability Partnership and its procedure. Incorporation of LLP and Procedure I. What is a Limited Liability Partnership (LLP)? In India, the Limited Liability Partnership (LLP) Act was enacted in January 2009, and it quickly became popular… Read More »

Roles And Responsibilities Of Independent Director Including Liabilities

This article titled ‘Roles And Responsibilities Of Independent Director Including Liabilities’ is written by Mayank Shekhar and discusses the roles, responsibilities and liabilities of an independent director. I. Introduction The Companies Act, 2013 governs independent directors in India (“Act”). In the board of directors of any publicly traded firm, at least one-third of the total number of directors must… Read More »

Setting up a Business Unit in a Special Economic Zone

This article titled ‘Setting up a Business Unit in a Special Economic Zone.’ is written by Mayank Shekhar and discusses whether a business should be set up in a special economic zone or not. I. Introduction Special Economic Zones (“SEZ”) have been formed in India with the goal of attracting Foreign Direct Investment (‘FDI”) and enabling native firms to… Read More »

Business Structure and Its Types

This article titled ‘Business Structure and Its Types’ is written by Mayank Shekhar and discusses the structure of a business and its various types. The company structure selected has an impact on everything from daily operations to taxes and the amount of personal property at risk. One should choose a company structure that strikes a balance between legal safeguards… Read More »

Memorandum of Association and Articles of Association: Meaning and Explanation

This article titled ‘Memorandum of Association and Articles of Association: Meaning and Explanation.’ is written by Mayank Shekhar and discusses the meaning of Memorandum of Association and Articles of Association and explains them in detail. I. Introduction: Memorandum of Association and Articles of Association The Memorandum of Association (MOA) is a document that includes all of the necessary information for… Read More »

Bail Application: Step-by-Step Guide and Sample

This article titled ‘Bail Application: Step-by-Step Guide and Sample’ is written by Mayank Shekhar and provides a step-by-step guide to filing a bail application along with samples. Bail was introduced in England for the very first time. After being influenced by India, this idea was established. Since the 1948 United Nations Declaration of Human Rights, the idea of bail… Read More »