Category: Legal Articles

Corporate Reconstruction or Restructuring

CORPORATE RECONSTRUCTION OR RESTRUCTURING Author: Divya Vishal INTRODUCTION Corporate reconstruction or restructuring is an activity taken by the corporate body to alter its capital structure or its tasks essentially. By and large, corporate rebuilding happens when a corporate body is encountering critical issues and is in monetary related risk. The procedure of corporate rebuilding is

Types of company

TYPES OF COMPANY Author: Ayushi Verma INTRODUCTION The Companies Act, 2013 is the law governing the countries in India. The act came into force across India on 12th September 2013 and has a few amendments to the previous act of 1956. It covers the incorporation, dissolution, and the running of companies in India It also

Benami Transactions

BENAMI TRANSACTIONS Author: Ayushi Verma INTRODUCTION What is a Benami Property? The literal meaning of Benami in Hindi is something that is without a name. It means a property bought by a person not under his name but somebody else’s name. It is a property that is held in the name of any other third

Basic elements of a contract

Basic elements of a contract Author: Amit Singh Introduction- Contract is the Law of those agreements which create legal obligations and not simply moral or social ones. For this reason, we must be fully aware of the various elements of a valid contract. Section 10 of the Indian Contract Act, 1872 defines and lists the Essentials

Rule against Perpetuity

Author: Amisha Jain RULE AGAINST PERPETUITY INTRODUCTION: Perpetuity basically refers to something which is perpetual or unending in nature. The Rule against Perpetuity is a basic rule of the Transfer of Property Act, by which a person can enjoy the rights in respect of his property during their lifetime. However, the Rule Against perpetuity imposes

How to prepare for Bihar and other states Judicial Service examination by Mr. Pratik Sagar, Civil Judge, 30th batch, Bihar

How to prepare for Bihar and other states Judicial Service examination, Part-1 Author: Mr. Pratik Sagar, (Civil Judge, 30th batch, Bihar) Hello, hope you are doing fine! If you are reading this article, it means either you are preparing for coveted judicial service examination or maybe you are still in the decision making process to

Types of Contract

Author: Amisha Jain Types of Contract INTRODUCTION A Contract may be defined as any agreement made among parties to the contract which legally binds them to do or abstain from doing something. As per Section 2(h) of  Indian Contract Act, 1872 “ Any agreement enforceable by law is a Contract” Many jurists have defined contract