Promoters of a Company

Last Updated on 7 hours by Admin LB The article ‘Promoters of a Company’ elucidates the role of promoters, rights, and duties of promoters in a company. It contains various landmark judgments which establish the legal position of the promoter. The article highlights the importance of a promoter behind the formation of the company and

... Continue Reading.

What do you understand by Muta?

Last Updated on 49 mins by Admin LB Question: What do you understand by Muta? [RJS 1991, DJS 1976] Find the answer only on Legal Bites. [What do you understand by Muta?] Answer Muta is a kind of  “temporary marriage” recognized only in the Ithna Asharia Shia School of Muslim law. The term Muta implies

... Continue Reading.

NATIONAL COMPANY LAW APPELLATE TRIBUNAL REFUSES TO ENTERTAIN REVISED RESOLUTION PLAN BEYOND THE STATUTORY PERIOD

NATIONAL COMPANY LAW APPELLATE TRIBUNAL REFUSES TO ENTERTAIN REVISED RESOLUTION PLAN BEYOND THE STATUTORY PERIOD In a recent Appeal, a three Member Bench of the National Company Law Appellate Tribunal, New Delhi (NCLAT), comprising of Justice Rakesh Kumar Jain, Mr. Kanthi Narahari and Dr. Alok Srivastava passed a Judgement dated 27.07.2022 in ‘Shrinathji Trading Company

... Continue Reading.

SUPREME COURT ALLOWS APPLICATION FILED AT BELATED STAGE FOR SUMMONING OF WITNESSES AND PRODUCTION OF FRESH EVIDENCE CRUCIAL TO A CRIMINAL TRIAL

SUPREME COURT ALLOWS APPLICATION FILED AT BELATED STAGE FOR SUMMONING OF WITNESSES AND PRODUCTION OF FRESH EVIDENCE CRUCIAL TO A CRIMINAL TRIAL Recently, a two Judge Bench of the Supreme Court comprising of Justice D.Y. Chandrachud and Justice A.S. Bopanna made an observation regarding the power of Courts to allow examination of witnesses and adducing

... Continue Reading.