It is a common tendency among the accused to save themselves from criminal cases by absconding or preventing service of summon, non appearance at the time of hearing of the cases, giving false information etc.
Restriction on Powers of the Board of Directors-Section 293 of the Indian Companies Act 1956
There are some restrictions in the powers of Directors of a Company. The directors cannot take complete business decisions without the consent of the shareholders. The agenda of the matters should be discussed in the Annual General Meeting (AGM) or Extra Ordinary General Meeting (EGM)...
Section 293A(1) was substituted by the Companies Amendment Act 1985 seeking to continue the existing blanket ban against political contributions in case of (1) Government Companies, (2) Companies which have been in existence for less than three financial years...
The first news I saw today morning is shocking, painful and created angry. It is more shocking than the news which a heard about the death of a close relative. India's fighter daughter passed away after fighting for almost 13 days for her life...
Companies declaring and paying interim and final dividend needs to follow some procedures and needs to complete statutory formalities to ensure payment of dividend in a proper way without violating any statutory regulations..
Dishonour of Cheque - Offences by Companies - Section 141 of Negotiable Instruments Act 1881
Issue of Sweat Equity Shares - Section 79-A of Indian Companies Act, 1956
Software Piracy and Law regarding software piracy - The Copyright Act 1957
Filing of Annual Returns with Registrar of Companies - Indian Companies Act, 1956
Section 498A of Indian Penal Code - use and mis use by women and relatives
Banking Regulation Act - Applicability to certain co-operative Banks
Cheque Returned without payment?, Cases in which banker is Justified in Refusing Payment
Stop payment of Cheque by drawer and applicability of Section 138 of Negotiable Instruments Act 1881