What is a company? A company is an association of several persons. Decisions are made according to the view of the majority. Various matters have to be discussed and decided upon. These discussions take place at the various meetings which take place between members and between the directors. Needless to say, ...

What should be the least no.  of  meetings of board of directors? In the case of every company, a meeting of its Board of directors shall be held at least once every three months and at least four such meetings must be held every year. What should be the proper way to ...

What are the situations in which a company has the power to compromise or make arrangements with creditors and members? Where a compromise or arrangements is proposed- between a company and its creditors or any class or them; or the Court may, on the application of the company or of any creditor or ...

 What do you mean by the word 'Company'?  The word 'Company' is an amalgamation of the Latin word 'Com' meaning "with or together" and 'Pains' meaning "bread". Originally, it referred to a group of persons who took their meals together. A company is nothing but a group of persons who have ...

Q.1. What is Arbitration ? A. People have various conceptions about Arbitration. The very old concept about Arbitration was Panchaiti. It was a sort of undefined conception of people to settle their disputes, by referring to a person of their choice who would contact the parties and try to settle their ...

What is mediation? Mediation is a process in which a neutral third party (the mediator) assists the parties to a dispute to reach a mutually acceptable resolution. How does the mediator assist the parties? No two mediations are exactly alike because no two disputes are exactly alike. However, among the things that a ...

1. What is copyright? Copyright is a right given to creator or owner of an artistic, literary or dramatic work to reproduce work for publication and performance in public.   2. Can an Idea be copyright? No, an idea which is not expressed in a tangible form is not protected under Copyright.   3. What work ...

1. What is an Invention? According to Indian Patents Act, 1970 “invention means a new product and process involving an inventive step and capable of industrial application.   2. What inventions are not patentable under Indian Patent Law? Section 3 of Indian patents Act defines as non patentable invention. · an invention which is frivolous ...

1. What is a trademark? A trademark is a word, name, sign, symbol, logo or device which is used in relation to the articles of commerce or the services to distinguish it from the other same or similar goods or services coming from a different source.   2. For the registration of the ...

1. What is a Design? Design is the ornamental value which appeals to the eyes of the user. The article to qualify for design protection must be related only to the appearance of the goods and not to the functions of the product. In other words, under Designs Act, only the ...