Company Law

Bankruptcy Law and Its Implications

The Business Lifeline: Understanding 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 […]

The Business Lifeline: Understanding Bankruptcy Law and Its Implications 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

Debt Recovery Laws in India Read More »

Dissolution of a partnership firm

Different modes for the Dissolution of 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

Different modes for the Dissolution of Partnership Firm 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

What is Partnership Deed? Read More »