The Bhagavad Gita is an ancient Hindu scripture that is widely revered as a source of spiritual wisdom and guidance. While the Bhagavad Gita is not a legal text in the traditional sense, it contains a number of principles and teachings that have influenced legal thinking and the development of legal systems in India and …
Sample Board Resolution for Changing the Financial Year of the Company “RESOLVED THAT pursuant to the provisions of Section 2(41) of the Companies Act, 2013 read with the rules framed thereunder (including any modification or re-enactment thereof), if any, the financial year of the company for this year shall be from 1st April ________ to …
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Under the Companies Act, 2013, “oppression” and “mismanagement” are grounds for the minority shareholders of a company to file a petition with the National Company Law Tribunal (NCLT) seeking relief. “Oppression” refers to conduct that is unfairly prejudicial or discriminatory towards the minority shareholders of a company, or that is unfairly discriminatory towards any class …
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Cybercrime refers to criminal activities that are committed using the internet or other forms of electronic communication. Cybercrimes can take many forms, including hacking, identity theft, online fraud, cyberstalking, distribution of child pornography, and online piracy. Under Indian law, cybercrime is regulated by the Information Technology Act, 2000. The Act defines cybercrime as any offense …
Board Resolution for Closing Bank Account of the Company “RESOLVED THAT the Company’s Banking Current Account No___________ maintained with the __________________Bank, at _____________ Branch having address _________________________ , be closed and the amount, if any, lying in the said account be returned to the Company by way of issuance of Bankers’ Cheque payable at …
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Board Resolution for Opening of Bank Account of the Company “RESOLVED THAT the consent of the Board is accorded to open a current account of the Company in the name & style of ‘___________COMPANY NAME___________’ with the ____________ Bank at its ______________ Branch having address ___________________, for the purpose of operations of the Company. …
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Sample Board Resolution For Appointment Of Additional Director As Per The Companies Act 2013; “Resolved that the Board do and hereby take on record Consent letter received by Mr./Ms._____________, in Form DIR-2 holding DIN _______________ to act as an additional Director of the Company. “Resolved further that pursuant to the provisions of Section 161(1) of …
Doctrine of laches The doctrine of laches in India refers to the principle that a person who has a legal right or claim must assert it within a reasonable time, or else they may be barred from asserting it at all. The doctrine of laches is based on the principle that there must be finality …
SAMPLE BOARD RESOLUTION FOR APPOINTMENT OF SECRETARIAL AUDITOR AS PER THE COMPANIES ACT 2013; “Resolved that the Board do and hereby take on record the Consent letter received by Mr./Ms._____________, a practising company secretary holding Certificate of Practice Number ______________, to act as the secretarial auditor of the Company. “RESOLVED THAT pursuant to the provisions …
There are several articles in the Constitution of India that have been the subject of controversy and debate over the years. Some of the most controversial articles in the Indian Constitution include: Article 370 – This article grants special status to the state of Jammu and Kashmir, and allows the state to have its own …
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