Resourceful. Naturally.
Resourceful. Naturally.
Introduction This case is in relation to the borrowing power of a firm and makes it clear that the borrowing is within the powers of a company and the lender will not be prejudiced simple because the officers or the…
Introduction Trade secrets are the data or information about a company that is not widely known to the public and that the owner makes a reasonable effort to keep hidden and confidential. The data must have a separate economic value,…
Introduction This case is to determine if an agent of a company has taken a loan not in the name of the company but the company has benefitted from the loan amount, whether or not it will be held liable…
Introduction Section 46 of the Companies Act talks about the certificate of shares and that such certificate of shares are the prima facie evidence of the title of the person to such shares. Under clause 4 of this section it has…
Introduction This case is in regard to the Collective Investment scheme and discusses an important ruling of Supreme Court in determining that a collective investment scheme (CIS) operated by a private trust is illegal and the same can be only…
Introduction This case helps us in understanding that the objectives of a company must be described in the company’s memorandum because a company may only perform acts and execute transactions that are well within the company’s objects, and it is…
Introduction This case is in regard with the Chennai-based Helios and Matheson, an unfancied software company, has been defaulting on repayment to its investors. According to a status report submitted in the Court, H&M has collected Rs 55.25 crore from…
Introduction The case is in regard to whether or not every advanced amount can be considered as a loan, and whether or not in absence of an express provision in a contract in regard to paying back the advance amount…
Introduction The Memorandum of Association of a company is regarded as its constitution. It defines the company’s internal and external scope and areas of activity. This Memorandum of Association also includes an object clause and the company is authorized to…
Introduction A mark cannot be called as valid trademark if it lacks distinctiveness which is a core feature of Trademark Law. There are several theories on the assessment of distinctive character of trademarks. All these theories state that distinctive character…
Introduction While adjudicating the infringement suits, courts do follow certain practices and doctrines. These doctrines are regularly used by the law courts, in deciding the infringement suits. In particular, the “doctrine of equivalence” plays an important role in deciding infringement…
Introduction Copyright is defined as a bundle of exclusive rights granted to the owner, devoid of others to do or authorize others to do some acts in respect of literary, dramatic, musical, artistic works, including cinematograph film and sound recordings.…
Introduction This case is in regard to the borrowing power of a company and whether the company is liable for the loan taken by its managing director if the managing director was not authorized to do so by the company.…
Introduction The pursuant case primarily discusses the issue between two nationalised banks which are Allahabad Bank and Canara Bank, respectively. The issue that was brought before the court consisted of the contention of the latter bank whose claim as a…
Introduction This article will analyze the difference between dematerialization and rematerialization of shares, the procedure involved in both the conversions, the pros and cons associated with each, and what is the market’s opinion on both of these conversions. According to…
