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Filtered by tag: companyClear

Company Law Conundrum: Section 173 vs Section 177

Bhai, I'm literally going crazy over this Company Law section. Section 174 says promoters are not liable for pre-incorporation contracts, but then Section 177 comes along and says …

Contract Law ko humne khareeda, bas nahi khud kaa naya Contract banane kee addeekar khareeda 💸

Internship mein ek case dekha, jismein ek company ne dukaan ke saamne aane ke baad apne contract ko online badal diya, lekin customer ne usey already sign kiya tha. Aur company ne …

Scenario: Board of Directors v. Corporate Raider

Imagine a situation where XYZ Inc. (a listed company) is facing a hostile takeover attempt by a corporate raider, who has been quietly building a stake in the company for months. T…

Godrej vs. Special Court (1997)

You people remember this case? I swear, I did it for our CLAT UG exams last year, and still gets me pumped up Godrej was a real estate company facing bankruptcy. The case is about …

Confusing Corporate Governance: Can Someone Explain 'Materiality' in Share Price?

Mainly because textbooks never give a concrete example, I'm stuck on 'materiality' in company law. They just say it's when a change affects a company's share price or operations si…

Company Law Ka Mazaak

Suna hai company ke shareholders ke bich batwara karne ke liye kya form use karte hain?MCQ hai ye: Form ... me batwara karne ke liye aplication karni hoti hai.A) Form No. 23B) Form…

Company Law Ka Breakthrough!!!

Mujhe finally yeh samajh aaya ki kya hai share capital aur kya hai called up amount. Maine soche the ki kuchh bhi nahi tha share capital ka difference, phir ek paper mein question …

Company Law Curriculum is a Recipe for Boredom

I think Company Law curriculum in CUET PG Law is outdated and fails to provide students with practical skills. The emphasis on memorization of sections and articles from the Compan…

Contract Breach: Director's Fiasco

So, this hypothetical scenario: XYZ Ltd. directors sign an agreement with YZ Inc. for purchasing goods worth ₹5 crores. But, just one day before delivery, XYZ Ltd.'s directors canc…

Difference between Related Party Transactions & Inter-Corporate Deposits

Suno, main toh abhi tak confuse hai between RPT aur IDC. Koi bhai ya behen bataayein kya hai difference? RPT mein company ne kisi related party se transaction ki, jab ki IDC mein c…

Company Law ke 3 Din baad ka Kaam, kaisa Ho raha Hai?

Maine Company Law padha hai, practice kiya hai, aur ab bhi kaafi samay padh raha hoon, lekin ye ek cheez aati hai jiss par main puzzled hoon... kya hoga jab ek company ke sharehold…

Bombay Dyeing Judgment - Is it Just?

So I'm trying to wrap my head around this SC judgment, Bombay Dyeing & Manufacturing Co. Ltd. vs. National Small Industries Corporation Ltd. (2007) 1 SCC 526. It's all about the ap…

Company Law - Section 403 of the Companies Act, 1956

Question- Section 403 of the Companies Act, 1956 deals with the punishment for a company that contravenes any provision of this Act or of any previous Company Law enforcing Act, i…

Company Law: 'Share Price not just a Value, but a Promissory Obligation'

Ye section sapne mein aata hai ab! People keep saying that Section 79 of Companies Act, 2013 doesn't make the promoters personally liable for unpaid share price. According to them,…

Company Law Saga

Aamir, MD of XYZ Ltd, sold company's land to his friend, Rohan, at Rs 50 lakhs without board approval. Rohan later sold it for Rs 1 crore. XYZ Ltd is now facing financial loss. The…

When did the concept of corporate veil begin?

Aise lagta hai kabhi bhi, main Company Law padhne ka uthta hoon, toh meri aankho mein sooraj hi padta hai na 🌞. Leke aaya 145 of IA, 1948, Company Law. Ismein kaha gaya hai ki cor…

Last-Minute Crash Course for AP LAWCET Company Law

Aapko yeh sab karna hoga: Memorize the different forms of business organizations, kaanun ke bare mein. Company Formation Act, Companies Act (2013) ke sabhi adhiniyam aur rules, com…

Shareholder Oppression in a Pvt Co.

A private company, XYZ Ltd., has 100 shares of Rs. 10 each. Directors - Rohan and Aishwarya, who also happen to be brothers, own 90 shares each. They started issuing dividend at hi…

Section 94 of Companies Act 2013: Why is Liquidator's Immunity outdated?

Kya ye section kya kar raha hai? Section 94 dekhne mein lagta hai ki wah liquidator ko koi bhi responsibility se bachata hai. Lekin kya vajah hai ki liquidator ko immunity milta ha…

Company Law Revision Marathon for CLAT PG/AILET PG

Okay, guys, here's a crash course for Company Law - last 3 days se pata lag jaayega ki kya haal hai. Essential topics:Formation of companies (Section 2 of Companies Act 2013, Artic…