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Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It…
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Conversion from a Private Company to a Close Company
Various difficulties may arise for a buyer when he tries to obtain a mortgage bond…
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Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of…
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What is a 501(c) organization?
Non-profit corporations are often referred to as 501(c) organizations, because section 501(c) of the Internal…
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Business Law – Factories Act
The Factories act was incorporated in 1948. The main objective of the Factories Act is…
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Business Law – Industrial Disputes Act
This act was incorporated in 1947. It extends to the whole of India. The Trade…
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Business Law – Consumer Protection Act
The Consumer Protection Act, 1986 protects the interests of consumers in the market. This act…
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Carriage of Goods by Rail
The Railways Act, 1989, governs the carriage by railways. Some of the important aspects of…
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Business Law – The Corporate Veil
It is seen that a company, as a person, has a legal identity of its…
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Carriage of Goods by Land
The carriage of goods by land is governed by two laws — the Carriage by…