Business Law 1 min read
Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It is way simpler and quicker…
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Business Law 2 min read
Conversion from a Private Company to a Close Company
Various difficulties may arise for a buyer when he tries to obtain a mortgage bond for paying the purchase price.…
Business Law 1 min read
Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of the law and the court…
Basics 4 min read
RISK ASSESSMENT
In an informal sense risk analysis has been used throughout the history of mankind. Risk is always associated with decision.…
Business Law 1 min read
Business Law – The Corporate Veil
It is seen that a company, as a person, has a legal identity of its own. An obvious consequence is…
Basics 3 min read
UNCERTAINTY MANAGEMENT
Most, if not all, of the large engineered facilities with which this book is concerned are large ‘one-off’ constructions or…
Business Law 3 min read
Principle of Separate Legal Existence
The Principle of Separate Legal Existence is a fundamental principle in the field of company law. According to this principle,…
Business Law 4 min read
Classification of Companies
All the companies must be registered under the Companies Act. A certificate of incorporation must be issued by the registrar…
Business Law 6 min read
Meaning and Nature of Company
According to the Companies Act, 1956, “A company is a person, artificial, invisible, intangible, and existing only in the contemplation…
Basics 3 min read
THE QUALITIES OF TRUTH AND SAFETY
It is possible to draw an analogy between the scientist’s search for truth and the engineer’s search for safety. Both…
Business Law 2 min read
What is a Company?
Organizations require huge investments. As the investments are big, the risks involved are also very high. While undertaking a big…
Business Law 8 min read
Business Law Overview
Definition of Business Law Business law encompasses all of the laws that dictate how to form and run a business.…
