Introduction The Negotiable Instruments Act was enacted in India in 1881, Prior to its enactment, the provisions of the English Negotiable Instrument Act were applicable
There are three kinds of combination merger, acquisition and amalgamation.
Abuse of Dominant Position is Prohibited [Section 4(1)] No enterprise or group shall abuse its dominant position. Dominance is not considered bad per se but
Criterion for ascertaining of Dominance : Sec 19, Competition Act: The Commission shall, while inquiring whether an enterprise enjoys a dominant position or not under
The whole concept behind enacting the Limited Liability Partnership Act was that the limited liability partnership shall not be held liable for the independent
Sec. 14 of the LLP Act lays down that: On registration, a limited liability partnership shall, by its name, be capable of: suing and being
For the purpose of forming a LLP, there should be agreement between the partners interested in forming the LLP to be known as LLP Agreement.
According to Sec. 24 of the LLP Act, a person may cease to be a partner of a LLP in accordance with an agreement with
difference between LLP and Partnership are as follows
Difference between LLP and Company are as follows
Limited Liability Partnership Act, 2009 lays down: “A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from its partners
LLP is a new form of legal business Entity with limited liability. It refers in that form of Business Organization which has the features of both the Partnership Organization and Company.
Introduction: Sec. 9 deals with relevancy of facts which are introductory or explanatory in nature, or supports or rebuts a fact in issue or a
Special Case (Sec. 90, Order 36) ‘Special case’ is one where parties do not institute a suit by presentation of a plaint, but they, claiming
An interpleader suit is one in which the real dispute is between the defendants only and the defendants interplead (i.e., plead against each other), instead of pleading against the plaintiff as in an ordinary suit.
Only a court can refer a case either on an application of a party or suo motu. “Court” means a Court of Civil Judicature. A tribunal or persona designate can not be said to be a “court” and no reference can be made by them.
Any police officer, making an investigation under this Chapter may, by order in writing, require the attendance before himself
Introduction: The term ‘appeal’ is not defined in Civil Procedure Code, 1908. When a suit is heard by the trial court, the trial court enquires