Question
What can a company formed under the Companies Act, which
has no significant accounting transactions and is intended for a future project or asset holding, do?Solution
Section 455. Dormant company: (1) Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of a dormant company.
Under Section 204 of the BNS, 2023, R, an ordinary citizen with no official credentials, fabricates a fake identification badge resembling that of a Dir...
Which of the following cannot be patented under the Patents Act, 1970?
Where by a contract of sale, the seller purports to effect a ………………… the contract operates as an agreement to sell
...Under Section 9(5), who shall preside at the meeting of the Commission?
Section 2(20): “Company means a company incorporated under this Act or under any previous company law.” Consider:
(1) This definition covers ...
Which of the following is not required for the liability of a master to arise for a servant's actions?
If a partner earns some profit for himself from the business of the firm?
What is e-commerce?
Summons shall be served to the defendants not be beyond _____ days from institution of a suit?
Which principle has been discussed in the case of M.S.M Sharma Vs. Shri Krishna Sinha 1960.