Before you start reading the article, I’d want you to know that here’s a disclaimer: I’m a 1st year Law Student. I shouldn’t be writing this article because I’m not an expert at law, yet. However, precision comes by practice. And I’m on a constant endeavor to improve just as you are (because you’re reading […]
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In this article, we will discuss various topics of partnership under section 9 and section 20 to section 29 of the Indian Partnership Act, 1930.
Indian Partnership Act: Section 9 & 20-29 Read More »
In this article, We’ll discuss legal procedures of merger, about board meetings, tribunals, advertisements, scheme of compromise, amalgamation, compromise rules, and a lot more. If you haven’t read the Introduction to this chapter, refer to the Meaning and Types of Mergers blog post. What are the Legal Procedures? Companies Act, 2013 Mergers & Acquisitions are
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We have been observing many “Mergers & Acquisition” in-between the corporate houses in the past few years. Are these all about acquiring one another’s capital interest or is it much more? What are the legal procedures & tax implications of Mergers and Acquisition in India? Let’s find out. What does Merger Mean? A merger is
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‘Statute’ in ‘the Interpretation of statutes’ refers to the statutory laws made by the legislature that is the parliament or the state legislatures. A statute is said to be the will of the legislature. The parliament cannot judge cases on an individual basis so their general intent on what the law should be is passed
Interpretation of Statutes: General introduction Read More »
What Does Anti-terror Law Mean? Anti-terror laws are laws that are enacted to control terrorism in a country or a particular state. The nature of these laws (mostly draconian) is usually determined by the state or regimes under which they are made. One of the important characteristics of anti-terror law is that it gives huge
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If you’ve reached here, there is a good chance that you’re probably done watching Suits, the American television series and you’re wondering, ” Where do I find new Movies for Law Students?!” Here’s a sweet little list of top 10 best movies for law students. Though there aren’t too many good law-related movies from a
Top 10 Best Movies for Law Students: A Must Watch Read More »
In this article, we will discuss the liability of a partners to third parties. In our previous articles, we have already discussed the basics of partnership, minor’s position in partnership, and the rights and duties of partners. What are the related provisions? This part is covered in CHAPTER IV under section 25 to 27 of the Indian Partnership
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In our previous blogs, we have discussed the basics of Partnership form of business, Minor’s rights, and liabilities. Here, we shall discuss the rights and duties of partners in a partnership. Mutual rights and duties of partners The mutual relations of the partners of the firm came into existence by an agreement between the partners
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We’ve already discussed the basics of partnership. Now, we shall discuss the topic Position of a Minor in Partnership. Before we do that we have to understand some basic definitions: Who is a minor? The Indian Majority Act, 1875 specifies the age of majority in India i.e 18 years. Even a person short of a
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