Basics
Liabilities & Rights of Promoters
A promoter of a company cannot be considered as an agent of the company as the company is…
August 27, 2021 · Taylor EmmaAuthor: Taylor Emma
A senior editor for The Mars that left the company to join the team of SenseCentral as a news editor and content creator. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.
Basics
A Sole Proprietorship
A sole proprietorship can be considered as a single person business. It Small scale enterprises are generally owned…
August 27, 2021 · Taylor EmmaBasics
Trusts
A trust appears to be a complicated concept, not easily understood as a close corporation or a company.…
August 27, 2021 · Taylor EmmaBasics
Partnership
A partnership is considered to be a formal relationship between a minimum of two and a maximum of…
August 27, 2021 · Taylor EmmaBasics
Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It is way simpler…
August 27, 2021 · Taylor EmmaBasics
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…
August 27, 2021 · Taylor EmmaBasics
Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of the law and…
August 27, 2021 · Taylor EmmaBasics
Business Law – The Corporate Veil
It is seen that a company, as a person, has a legal identity of its own. An obvious…
August 27, 2021 · Taylor EmmaBasics
Principle of Separate Legal Existence
The Principle of Separate Legal Existence is a fundamental principle in the field of company law. According to…
August 27, 2021 · Taylor EmmaBasics
Classification of Companies
All the companies must be registered under the Companies Act. A certificate of incorporation must be issued by…
August 27, 2021 · Taylor Emma