sir as we know according to section 1(4)(f) that company law applies to any body corporate incorporated by any special act which central govt. by notification, specify in this behalf, subject to such exceptions, modifications or adaptation, as may be specified in the notification". so here does company law applies on LIC as it is incorporated under LIC Act and is a Public Financial Institution. morever, what are PFI, whcih are shown in books as type of companies. so are they companies or not or what. plz explain in details.
thank you!!!

IF A PARTICULAR PARTNERSHIP ENDS AFTER A PARTICULAR ADVENTURE BUT THE PARTNERS CONTINUE IT AFTER COMPLETEION OF BUSINESS , THEN WOULDN'T IT BE BREACH OF CONTRACT BECAUSE THEY HAD MADE AN AGREEMENT TO CARRY ON BUSINESS FOR A PARTICUALR ADVENTURE OR BUSINESS , BUT SINCE THEY CONTINUE TO DO BUSINESS, IT IS CLEAR BREACH OF THAT CONTRACT

hi sir, in contract which consist of single promise and simulatenous performance,for eg... "A" offers reward for anyone who finds his watch he will give 500rupees. "B" comes to know about this and finds the lost watch and return it to "A". in this case "A" is promisor and "B" is promisee. so according to definition of consideration as per 2(d) "when at the desire of promisor, the promisee or any other person has done or abstained from, or does or abstains from or promises to do to to abstain from doing something, such an act, absitenance or promise, is known as consideration for the promise",... so if we look at the last word consideration is for promise.. so in the above example it is "A" who gives promise to "B" so what "A"(promisor) would be receiving would be consideration as per 2(d).. but since "B" has given performance and not any promise so what "B: would be getting i.e.500 would not be consideration as "B: is promisee and not promisor and has not made any promise and hence as per 2(D) what he receives is not consideration.... but if we understand in layman terms about contract, both the parties should receive consideration in return . but "B:" is not receiving any consideration as per 2(D).. so plz could you explain that is money received by "B" is consideration or not and if it is plz expalin

if a partner is liable for any wrongful acts or omission during the course of business or with the authority of llp.. then who is liable ... is it llp or the partner committing the wrongful act or omission is personally liable... and according to which section

I have joined a MNC, they have clubbed the gratuity into my CTC part. and had indicated growth benefit for joining the company
1)As I am ending 4 years citing Pandemic and Degrowth in business, OH reduction , gave me a marching order ,in May 2021, And Claims Gratuity is after 5 years and not permissible in this case
Is There any law which can support me to claim back gratuity?

Deepak

मेरा रेसिडेंत घर है। इस में मुझे शॉप निकाल ना है । तो क्या मुझे muncipal कॉरोशन का अनुमान लागले का उसक लीये मुझे कया करण होग ।

Can Society ask for money during the pandemic. they have ended up burdening themselves with lift repair,

now they want to get a new water supply line and the are asking each member to pay 12500. But as it is a pandemic situation it is difficult for people to pay.

What needs to be done

Pls Clarify
1.whether any person can make will with respect to Ancestral Property
2 . Whether a Ancestral Property , received by Coparcener in succession or Inherited by Coparcener can be bequeathed by Coparcener by way of Creating any WILL or CODICIL for making distribution arrangements after his death in favour of person who are not even a legal heir or linear descendants
Pls support your clarification with legal rules , judicial precedent or legislative enacted law

what is the defination of contribution in case of llp? audit is applicable if its contribution exceeds 25 lacs, then whether i need to do summation of fixed as well as current capital contribution to check applicability of audit as per llp act?

SIR IN SECTION 6(2) OF LLP,,

THERE ARE TWO PARTNERS "A" AND "B"
1/1/2020- PARTNER "A" DIES
NOW "B" HAS 6 MONTHS TO FIND A NEW PARTNER i.e HE HAS TIME FROM 1/1/2020-30/06/2020
HE HAS TO FIND A NEW PARTNER WITHIN THIS PERIOD.
IF HE FAILS TO FIND PARTNER HIS LIABILITY WILL BE UNLIMITED
MY QUESTION IS FROM WHCIH DATE HIS LIABILITY WILL BE UNLIMITED??