The Business Lifeline: Understanding Bankruptcy Law and Its Implications

Bankruptcy Law and Its Implications

In the ebb and flow of economic tides, businesses, whether small ventures or large corporations, may face financial distress. When liabilities overwhelm, and debt continues to mount, companies often find themselves standing at a crossroads. Bankruptcy law exists as a beacon for such entities, providing a structured means not for their end but for a … Read more

The Securities and Exchange Board of India Act,1992

The Securities and Exchange Board of India Act,1992

This article has been written by Mitushi More, a student of BA.LLB. VII Semester at Shri Vaishnav institute of law, Indore. Introduction The Securities and Exchange Board of India Act, 1992 is an act that was enacted for the regulation and development of the securities market in India. It was amended in the years 1995, … Read more

Debt Recovery Laws in India

Debt Recovery Laws in India

In our day-to-day life, we enter into numerous financial transactions involving significant amounts of money and other ailed components. With the increasing commercialization and globalization, the transfer of money has become an absolute necessity and all the entities ranging from small shopkeepers to large-scale businessmen are taking loans and other financial assistance to survive in … Read more

Rights of an Advocate under Advocates Act, 1961

Rights of an Advocate under Advocates Act, 1961

Lawyers and advocates are the pillars of the Indian judiciary and these are known as the court officers. The advocates are the one who finds the mistakes in the law so that the court can take the process for the interpretation of statute. However, only an advocate has the right to represent his client in … Read more

Reservation in India-Meaning and Historical Background

Reservation in India

Reservation in India is seen as positive discrimination in India. It is a government policy that was added to the Constitution of India by various amendments. Reservation is considered as an affirmative action taken by the Government of India. In this article on Reservation in India, we will discuss the different types of reservations and … Read more

Different modes for the Dissolution of Partnership Firm

Dissolution of a partnership firm

Dissolution of partnership means to stop or end the business of the partnership firm by all partners of the partnership firm. Dissolution of partnership and dissolution of partnership firm are two different situations. When a partner takes retirement or leaves the partnership, the business of partnership remains continues with other partners of the firm. But … Read more

Types of Partners in Partnership Firm

Types of Partners in Partnership Firm

A partnership needs different types of partners to run the business and get profits. A partnership is an improved version of a sole proprietorship. The biggest disadvantage of sole proprietorship was that the individual has to work alone in the business. It is difficult for one person to handle all the pressure and workload alone. … Read more

What is Partnership Deed?

What is partnership deed

A partnership deed under the partnership act 1932 is a legal and written document that contains an agreement between two or more persons, who have a mutual intention to carry on business as partners and share profits and losses. A partnership agreement may be written or oral, but, According to the Partnership Act, there is … Read more

What is partnership? Advantages and Types of Partnership

partners in partnership

A partnership is a legal relationship between two or more persons to form and carry on a business together. The object of partnership is to carry out a business to earn profit and divide it into all partners. There are many types of partnerships that are useful to run a business. In this article, we … Read more