Corporate Law
Corporate law is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations.
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Negotiable Instruments Act – Ingredients of the Offence Under Section 138
The ingredients of the offence under Section 138 of the Negotiable Instruments are as under: (i) The drawing of a cheque by person on an account maintained by him with the banker for…
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Establishment of a Competing Business – Cannot Give Rise To A Legal Wrong
The establishment of a competing business which may have an adverse impact on his profitability cannot give rise to a legal wrong. Such actions are clearly barred on the principle of damnum sine…
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Joint Liability Under Section 138 of Negotiable Instruments Act
A person who is the signatory to the cheque and the cheque is drawn by that person on an account maintained by him and the cheque has been issued for the discharge, in…
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Cancellation of Registration of Society
If the complaint is received against the society, the District Magistrate being in charge of the district finds some substance in the complaint, he can get an enquiry conducted and refer the matter…
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Existence of Society – With a Non-Renewed Certificate
Section 3 of the Societies Registration Act provides for registration of a society upon presentation of Memorandum of Association before the Registrar on payment of certain fee. Section 3-A of the Act provides…
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Office bearers of A Society – Dispute With Regard to Election or Continuance in Office
In so far as disputes or doubts in respect of the election or continuance in office of the Office bearers of a society registered in Uttar Pradesh are concerned, the Legislature has created…
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Civil Proceedings vis-à-vis Criminal Proceedings
A perusal of the Judgment in S.A.L. Narayan Row v. Ishwarlal Bhagwandas, (1966) 1 SCR 190, would show that a civil proceeding is not necessarily a proceeding which begins with the filing of…
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Dishonour of Cheque – When Company is the Payee
When a company is the payee of the cheque based on which a complaint is filed under Section 138 of the NI Act, the complainant necessarily should be the company which would be…
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Immovable Property – Belonging to A Society
Any Immovable Property belonging to a Society shall be deemed to be vested for the time being in the Governing Body of such Society and in all proceedings, the property, movable and immovable,…