Prospectus
Prospectus:According to Section 2(70) of CA 2013, prospectus is "Any document released for advertising or other document requesting bids from the general public for the subscription or acq...
Doctrine Of Ultra Vires, Doctrine Of Constructive Notice And Doctrine Of Indo...
Doctrine Of Ultra Vires:The Doctrine of ultra-vires was given under s. 4(1)(c), s. 245(1)(b) of the Companies Act, 2013. The term Ultra-vires (Beyond-powers) for a firm refers to an action that...
Independent Director
As per s. 149(6) of Companies Act, 2013, a director who meets the requirements for Integrity, expertise, and experience, as well as the exclusionary relationships test, but is not the managing ...
An Analysis: Place Of Suing
The term place of suing, simply refers to the location of the trial. This is covered in sections 15 - 21 of the CPC. Every court has its own monetary and geographic jurisdiction. The suit must ...
Inter-Pleader Suit
The terms of inter-pleader litigation are covered under Order 35, s. 88 of the CPC 1908. Ordinary actions brought before the Honble court usually involve two parties: the plaintiff and the defe...
Appointment Of The Receiver
Under order XL, the concept of receiver is discussed. The goal of appointing a receiver is to ensure that the property in question is protected. The court appoints an unbiased person with the o...
Caveat
Caveat:In cpc, the term "Caveat" isn't specified. However, S. 148 A, a person has a right to lodge a caveat. It usually refers to a caution or a notice. It's a warning to the court no...
The Principle of Equity
Jeremy Bentham (father of Utilitarianism) introduced the utility principle, which was part of a series of consequential moral theories that assessed an individual's acts based on their eff...