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Limited Liability concept which is applied in the company is relative a concept of modern day enterprises. The concept was first established in the case of Simon v. Simon wherein which says that the liability of a shareholder should be limited to his shareholding in the company and his personal assets must not be used […]
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In India, the Companies Act defines two types of companies, which are, public and private. There are Memorandum of Understanding and Articles of Association to bind the shareholders and the company which is required by law to be formed. The Articles of the Association is a contract between the company and its members and it […]
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INTRODUCTION Copyright Law in India- The Copyright Act, 1957 came into effect from January 1958. This Act has been amended five times since then, i.e., in 1983, 1984, 1992, 1994, 1999 and 2012. The Copyright (Amendment) Act, 2012 is the most substantial. The main reasons for amendments to the Copyright Act, 1957 include to bring […]
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Introduction The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an act of Parliament passed by the government of India. The agency’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001. The IRDAI attempted to raise […]
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