The word 'Oppression' is not defined under the Companies Act, 2013. Oppression is the movement made by the authority in unjust manner against the party who gave his consent.
Section 185 of the Companies Act, 2013 states that no company is allowed to make, advance any loan, that includes the loan to constituted by a book debt to, or provide any guarantee or give any security related any loan
Liquidation process is the last stage where a creditors can recover their money from the company.
Indirect and direct taxes are the two most common types of taxes in India. In India, all taxes must be preceded by legislation passed by both the Parliament and State Legislatures.
Funding is an extremely important consideration for meeting the preliminary expenses for start-ups at initial stage. The first round of funding, popularly known as seed funding forms the basis of the start-up fundraising.
Geographical Indications is covered under Articles 22 to 24 of the WTO Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement that was part of the Agreements that concludes the Uruguay Round of GATT negotiations. India follows the provisions Geographical Indications of Goods (Registration & Protection) Act, 1999.
As the impugned issue is squarely covered in favour of the assessee by the above decision of the honourable High Courts, we hold that assessee has purchased a house property i.e. a new asset and is entitled to exemption u/s 54F of the act
The doctrine of indoor management is contrary to the doctrine of constructive notice.
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Summons issued under provisions of Section 50(2 ) & (3) of PMLA,2002 cannot be quashed in Writ proceedings