corporate

QUESTION Whether a Consumer Complaints filed before NCDRC can be referred to arbitration in case there is an Arbitration Clause in the agreement between the buyer and the purchaser. LET'S ANSWER THROUGH A CASE STUDY EMAAR MGF LAND LIMITED (APPELLANT) vs. AFTAB SINGH (RESPONDENT) [SC] A Buyer's agreement was entered into between the appellant and the respondent. In the Buyer's agreement, there was an arbitration clause providing for settlement of disputes between parties u..

A section 8 company is essentially a charitable and non-profit entity that functions on the central government's license which allows the company to not have to use "public/private limited" in its name. The incorporation process of this company is similar to that of an NGO or a trust, differing only in the license obtaining procedure. Let's discuss the complete procedure along with the important requirements and criteria that should be met for the successful incorporation of a ..

Section 186(2) of the Companies Act, 2013 provides that no company shall directly or indirectly Give any loan to any person or other body corporate; Give any guarantee or provide security in connection with a loan to any other body corporate or person; and Acquire by way of subscription, purchase or otherwise, the securities of any other body corporate, exceeding 60% of its paid-up share capital, free reserves and securities premium account or 100% of its free reserves and securit..

Introduction: "There's enough on this planet for everyone' s needs but not for everyone's greed" - Mahatma Gandhi "Development has to be achieved collectively and it has to be quick paced and inclusive" - PM Narendra Modi. The above quotes are the mere indication that development of the country is very important provided it should not harm the wholesomeness or goodness of the nature as well as society. Along with economic development there must exist a su..