
Month: December 2022
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Perpetual succession, Easy Transferability of Shares, and Capacity to Sue and Be Sued
In the last few articles, we have seen basic features of company like corporate personality, limited liability, Separate property. In this article, we shall discuss about more features like Perpetual succession, Easy transferability of shares, and Capacity to sue and be sued. Perpetual Succession: Perpetual succession, means that the membership of a company may keep…
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Bail Under the Code of Criminal Procedure, 1973 (s. 436)
The Criminal Procedure Code, 1973, does not define bail, although the terms bailable offence and non-bailable offence have been defined. The literal meaning of the word โbailโ is surety. Therefore, the term refers to release from custody, either on personal bond or with sureties. i.e., to set an accused person free after depositing some money…



