Acts & Rule Central Goods and Services Tax Act, 2017, Integrated Goods and Services Tax Act, 2017 & Central Goods and Services Tax Rules, 2017, Amendment Rules, 2017 and (Second Amendment) …
Law Notes
Law Notes
Procedure for Declaration and Payment of Interim Dividend by the Board of Directors
In accordance with the provisions of sub-section (3) of section 123, the Board of Directors of a company may declare interim dividend during any financial year out of the surplus in the profit and …
Incorporation of a Private Limited Company
Incorporation of A Private limited Company (Other than One Person Company) Section 2 (68) states that a private company means a company having a minimum paid up share capital as may be prescribed, …
Holding First Meeting of Board of Directors of a Company
Section 173(1) of the Companies Act, 2013 prescribes that every company shall hold the first meeting of the Board of Directors within 30 days of the date of its incorporation. Key Considerations: 1…
Suits by or against government (Section 79 – 82 CPC)
In a suit, the Central Government may sue or be sued as the Union of India and a State Government as the State. Section 80 provides that where a suit is to be instituted against the Government or a…
Who is a Minor under Muslim Law?
Under Muslim law, the age of majority is regulated by two system: The Classical Muslim Law: Under classic Muslim law a person is said to be minor if he or she has not attained the age of puberty. T…
Dower or Mahr under Muslim Law
Introduction and Meaning Mahr or Dower is a sum of money or other property to be paid or delivered to the wife. It is either specified or unspecified but in either case, the law confers a mandatory…
Examining Triple Talaq – meaning, nature, truth and myths
{This practice of talaq has deleterious effect on women; breaking of a marriage contract has emotional and financial concerns. Often it is not interest of women, which are at stake, but those of th…
Introduction
INTRODUCTION The concept of ‘Company’ or ‘Corporation’ in business is not new, but was dealt with, in 4th century BC itself during ‘Arthashastra’ days. Its’ shape got revamped over a period of time…
Amendments in Company Law
The Companies Act 2013 passed by the Parliament received the assent of the President of India on 29th August 2013. The Act consolidates and amends the law relating to companies. The Companies Act 2…
Types of Company
INTRODUCTION The Companies Act, 2013 provides for the kinds of companies that can be promoted and registered under the Act. The three basic types of companies which may be registered under the Act …
Incorporation of a Company with Charitable Objects – Section 8 Company
Introduction Section 8 comes into play where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be registered under the act as a limit…
MEMORANDUM OF ASSOCIATION
MEMORANDUM OF ASSOCIATION The Memorandum of Association is a document which sets out the constitution of a company and is therefore the foundation on which the structure of the company is built. It…
Incorporation of A Public limited Company
Incorporation of A Public limited Company – Companies Act 2013 Section 2 (71) states that a public company means a company which: is not a private company; has a minimum paid-up share capital…