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Formation of a Company
The following things are required for the formation of a company. ● Promoters are required. ● Objectives…
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Liabilities & Rights of Promoters
A promoter of a company cannot be considered as an agent of the company as…
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A Sole Proprietorship
A sole proprietorship can be considered as a single person business. It Small scale enterprises…
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Trusts
A trust appears to be a complicated concept, not easily understood as a close corporation…
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Partnership
A partnership is considered to be a formal relationship between a minimum of two and…
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Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It…
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Conversion from a Private Company to a Close Company
Various difficulties may arise for a buyer when he tries to obtain a mortgage bond…
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Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of…
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Business Law – The Corporate Veil
It is seen that a company, as a person, has a legal identity of its…
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Principle of Separate Legal Existence
The Principle of Separate Legal Existence is a fundamental principle in the field of company…