Question
What happens to suits and other legal proceedings
initiated by or against a company, to be registered under Part I of Chapter XXI of the Companies Act, which were pending at the time of its registration?Solution
Section 370. Continuation of pending legal proceedings: All suits and other legal proceedings taken by or against the company, or any public officer or member thereof, which are pending at the time of the registration of a company in pursuance of this Part, may be continued in the same manner as if the registration had not taken place: Provided that execution shall not issue against the property or persons of any individual member of the company on any decree or order obtained in any such suit or proceeding; but, in the event of the property of the company being insufficient to satisfy the decree or order, an order may be in accordance with the provisions of this Act or of the Insolvency and Bankruptcy Code, 2016.
Under Section 146(1), which additional insurance is required for vehicles carrying hazardous goods?
According to Section 7(1) of the Arbitration and Conciliation Act, 1996, what is the essential characteristic of an "arbitration agreement"?Â
Provisions of longer period in the matter of accumulation of property under sec 17 of T.P. Act amounts to:
A contract is ______________ because it was caused by a mistake as to any law in force in India
______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assi...
A wishes to prove, by secondary evidence, the contents of a lost document.
According to the Consumer Protection Act Appeal shall lie :
Imputation of truth made for public good_________________.
As per Art. 24 of the Indian Constitution, no child of ________ years of age shall be working in any hazardous employment in a factory?
What does the term "payment system operator" mean______________Â
