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Cooperative Society

Management > General Management > Forms of Business Organizations > Cooperative Society Cooperation is the process of groups of individuals working or acting together for common, mutual, or some underlying benefit or purpose, as opposed to working in competition for selfish benefit. The cooperative society is a voluntary association of persons, who join together with the […]

Tags Advantages of Cooperative Society, Charcteristics of Cooperative Society, Demerits of Cooperative Society, Disadvantages of Cooperative Society, Features of Cooperative Society, Merits of Cooperative Society

General

Types of Partnership

Management > General Management > Forms of Business Organizations > Types of Partnerships Types of Partnership on the Basis of Duration: On the basis of the duration of the partnership, the types of partnership are a partnership at will, a partnership for a fixed term, and a particular partnership. Partnership at will: If a partnership […]

Tags General Partnership, Limited Liability Partnership, Limited Partnership, Particular Partnership, Partnership at will, Partnership for fixed term

General

Partnership

Management > General Management > Forms of Business Organizations > Partnership The sole proprietorship form of the organization suffers from certain limitations such as limited resources, limited skill, and unlimited liability. To expand business more capital, more time and managerial skills are required. There may involve more risk. This disadvantage of sole proprietorship call for more […]

Tags Advantages of Partnership, Characteristics of Partnership, Demerits of Partnership, Disadvantages of Partnership, Features of Partnership, Mertits of Partnership, Partner

General

Types of Partners

Management > General Management > Forms of Business Organizations > Types of Partners The Indian Partnership Act, 1932 defines partnership as “the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.” In partnership, two or more people work together […]

Tags Active Partner, Dormant Partner, ManagingPartner, Minor Partner, OutgoingPartner, Partner by estopel, Partner by holding out

General

Joint Hindu Family Business (HUF)

Post author By Hemant More
Post date August 6, 2019
1 Comment on Joint Hindu Family Business (HUF)

Management > General Management > Forms of Business Organizations > Joint Hindu Family Business (HUF) When starting a business or is interested in expanding an existing one, an important decision relates to the choice of the form of organization. By weighing the advantages and disadvantages of each form of organization, the most appropriate form is […]

Tags Dayabhaga, Karta, Mitakashara, Mitakshara

General

Sole Proprietorship

Management > General Management > Forms of Business Organizations > Sole Proprietorship When starting a business or is interested in expanding an existing one, an important decision relates to the choice of the form of organization. By weighing the advantages and disadvantages of each form of organization, the most appropriate form is determined. The decision […]

Tags Advantages of Sole Proprietorship, Characteristics of Sole Proprietorship, Demerits of Sole Proprietorship, Disadvantages of Sole Proprietorship, Features of Sole Proprietorship, Merits of Sole Proprietorship

Transfer of Property Act

Acts Amounting to No Transfer of Property

Post author By Hemant More
Post date August 1, 2019
No Comments on Acts Amounting to No Transfer of Property

Law > Civil Laws > Transfer of Property Act > Acts Amounting to No Transfer of Property As the transfer of property means conveying of property i.e., creation of new title or interest in the favour of the transferee, if new title or interest has not created in favour of the transferee, the property cannot […]

Transfer of Property Act

Transfer of Property (S. 5 of the T. P. Act)

Post author By Hemant More
Post date July 31, 2019
No Comments on Transfer of Property (S. 5 of the T. P. Act)

Law > Civil Laws > Transfer of Property Act > Transfer of Property Property is a very wide term and would include anything which carries some value and over which the right of ownership may be exercised. The word property in its most comprehensive sense includes all legal rights of a person except for his […]

Transfer of Property Act

Liabilities of Seller (S.55 (1) and S. 55(2))

Post author By Hemant More
Post date July 31, 2019
No Comments on Liabilities of Seller (S.55 (1) and S. 55(2))

Law > Civil Laws > Transfer of Property Act > Liabilities of Seller The primary aim of laying down the rights and duties of the seller and the buyer in the case of sale is to ensure fair dealings, and as far as possible, to minimize fraud and waste of the property. In this article, […]

Tags Conveyance, Covenant, Flight v. Booth, Ganpat Ranglal v. Mangilal Hiralal, Jamshed v. Burjorji, Laxmidas & Company v. D.J. Tata, Mathuri Bawa v. Prafulla Routray, N.Narasingarayadu v. N. Ankineedu, Nathu Khan v. Buxto Nath, Raghunathan v. Chellammal, Ratanlal v Nanabhai, Rights of Seller, RL Pinto v FF Menezes AIR 2001 Kant 141, T P Act, Tavvala Veerabhadra Rao v. Bonam Venugopala Rao, TOPA, Transfer of Property Act

Transfer of Property Act

Sale of Immovable Property (S. 54)

Post author By Hemant More
Post date July 29, 2019
1 Comment on Sale of Immovable Property (S. 54)

Law > Civil Laws > Transfer of Property Act > Sale of Immovable Property Section 54 of Transfer of Property Act, 1882 defines the sale of immovable property. Section 54 in The Transfer of Property Act, 1882 “Sale” defined.—‘‘Sale” is a transfer of ownership in exchange for a price paid or promised or part-paid and […]

Tags A Bhagyamma v. Bangalore Development Authority, Abdul Alim v. Abdul Sattar, Arjuna Reddy v. Arjuna C Thanga, Ashok Chandra v. Chota Nagpur Banking Corpn., Bangalore, Berni Madho v. Joh, Bishnudeo Narain Rai v. Anmol Devi, Biswanath Sahu v. Tribeni Mohan, Chander Singh v. Jamuna Prasad, Chandra Shankar v. Abhia, Commissioner of Income Tax v. Motor and General Stores, Compentency, Ghulam Mohamad v. Tek Chand, Hakim Singh v. Ram Sanehi, Hara Bewa v. Banchandilal, Immovable property, Inder Kaur v. Tara Singh, K. Lakshaman Rao v. G. Ratna Manikyamba, Kaliperunal v. Rajagopal, Kameshwar Choudhary v. State of Bihar, Krishan Tanjabi v. Aba, Lakhwinder Singh v. Paramjit Kaur, Lakshmi Narain Bamwal v. Jagdish Singh, Madan Pillai v. Badrakali, Mahima v. Dinabondhi, Malik Mohamad Shujaagt v. Salim Jahan, Mathura Mohan v. Ram Kumar, Misahul Enterprises v. Vijaya Srivastava, Munnalal v. Armaram, Nalamathu Venkaiya v. B.S. Neelkanta, Ponayya Goundan v. Muttu, Prem Singh v. Distt Board of Rawalpindi, Ram Jivan Rai v. Devli Nandan Rai, Ram Jiwan Rai v. Deoki Nandan Rai, Ram Saran Lall v. Domini Kuer, Ramlal v. Phagua, Rati Ram v. Mam Chand, Sabadeo Singh v. Kubernath, Sahadeo Singh v. Kubernath, Sale, Sale how made, Sarup Chand v. Surjit Kaur, Section 54, Shakeela Bano v. Mohd Bismil Siraj, Shib Lal v. Bhagwan, Shiva Narain Sab v. Baidya Nath Tewari, Subject matter of sale, Sura Reddy v. Ram Sarasa, Tapan Krishna Das v. Hazi Ali Khan, TOPA, Transfer of Property Act, Unnao Commercial Bank v. Kailash Nath, Venkataramana v. Rangiab