(1) introduction: In a partnership, two or more people join together with the business idea, and they agree to share the profit and loss from the firm business. As per the understanding and the nature of partnership business, various types of partners can be divided. There is not always happen that a partner of a […]
What is the main difference between Judicial custody and Police custody Under CrPC?
1. Introduction: Police custody and judicial custody, you must have been familiar with these words lots of times in the news channel or the daily newspaper. Most of us think both of these are the same, but let me tell you that these are both different, and we shall look into each other in detail […]
Why does a firm seek reconstitution of partnership? (know the Modes, Types with FAQ)
(1) Introduction: For a secure living, sometimes people come to form a partnership firm. The main reason behind this is they like their own rules and even seek to be completely independent. But whatever they do to run the firm, they maintain the reconstitution of the partnership. If you are a member of a partnership […]
Difference between Promissory note and Cheque under the NI Act
(1) introduction: Personal transactions or business transactions need payment. All people like to have a cash payment. But sometimes, cash payment carries risk. To secure payment, people seek negotiable instruments like cheques or promissory notes. But it is sorry to say that most of the time, people make the mistake of using a cheque or […]
What is The Difference Between Cognizable and Non Cognizable Offence Under CrPC?
(1) Introduction: The Criminal Procedure Code, 1974, is a procedural Law, that is deals with the legal process of offensive matters related to crime. It is doesn’t matter whether criminal offences are covered under the Indian Penal Code or any other laws. The offence means an illegal act or crime that is prohibited by law. […]
Is registration of a Partnership Firm Compulsory in India?
(1) Introduction: Many business concepts are available worldwide, for example, private limited company, public limited company, Limited liability partnership (LLP.), proprietor, Partnership, etc. Among them, managing a business through the Partnership is an easy, simple, and popular way. Generally, the Partnership refers to two or more people who can decide their rights and share the […]
Difference between Appeal and Revision
(1) Introduction:- Equal justice is a constitutional right of every person. Sometimes a party has to be involved in the litigation, whether directly or indirectly. In that situation, they often use the legal words appeal and revision. But sometimes, a party does not know the difference between appeal and revision in legal terms. This article […]
What is a partnership deed? (know the meaning, content, future, and Importance of partnership deed)
(1) Introduction: A partnership is one type of business method that helps optimize a business as an entrepreneur or an existing business in any country. In this way, we can say a partnership is a popular and unique method to achieve any business goals between co-owners. Now, here, some question arises: Is the partnership required? […]
Seven Lamps of Advocacy
Introduction: Advocacy is the best and most respected profession that is directly connected to the legal and judiciary system as a pillar. An advocate must have some good qualities and skills that enable him to provide better benefits to clients, society, and people who seek justice. Here, we can not see the legal profession in […]
The concept of reopening of partition in a Hindu joint family
(1) introduction: The concept of reopening of partition in a Hindu joint family The joint or undivided family is the main base of Hindu law, which is traditionally and historically belongs in India. This concept is also directly connected with Hindu law. Here in this family concept, the Karta of the family makes all kinds […]