Tag: company law board

Company Law Board

Company Law Board and NCLT- A comparative study

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INTRODUCTION Company Law Board in India was an entity that was given the power of adjudication of company law case. After the amendment in Companies Act in year 2013, this power was given to National Company Law Tribunal. This power came by the notification from Ministry of Corporate Affairs. The basis of this notification was […]

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Limited Liability

“Limited Liability”- An examination of the concept from legal and economic perspectives

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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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