Contract of Indemnity A contract of indemnity is defined as a special contract by virtue…

The following are the essential elements for a valid contract − ●      An offer proposed by…

The Indian Contract Act was passed by British India in 1872. This law is applicable…

Laws can be defined as a set of guidelines and rules, which must be followed…

The meeting held by the Board of Directors is an important aspect for the smooth…

An Annual General Meeting, as the name suggests, is a general meeting, which is held…

A statutory meeting is held once during the life of a company. Generally, it is…

A company is considered as a legal entity separate from its members in the eyes…

Creditors’ voluntary liquidation is a procedure in which the company's directors choose to voluntarily bring…

This type of winding up is carried out when the company is solvent and is…