As per the provisions of Companies Act 1956, the minimum number of directors for Public Limited Company is 3 and for Private Limited Company is 2.
Under Companies Act 1956 Section 165 (1), if a person is already a Director in 20 Companies or he is already a Director in more than 10 Public Limited Companies within the overall limit of 20 Companies as aforesaid, he cannot be a Director in any other Company breaching the above threshold limit.
Copyright is a legal right that grants the creator of an original work exclusive rights to its use and distribution for lifetime plus 60 years after his death. Software can also be protected under copyrights
Q4. Who was the first Attorney General of India?
MC Setalvad was an eminent Indian jurist, who became the first and longest serving Attorney General for India. He was also the Chairman of the First Law Commission of India.
A law is said to be prospective (as opposed to retrospective) when it is applicable only to cases which shall arise after the law is brought in effect.
The principle of stare decisis refers to doctrine of binding precedents and is embodied in Article 141 of the Constitution of India. It provides that the law declared by Supreme Court shall be binding on all courts within the territory of India. 'Stare decisis' means ‘to stand by decided cases’.
or after a divorce, during which she may not marry another man.
Iddatis the period a woman must observe after the death of her spouse or after a divorce, during which she may not marry another man. It is a period of 3 months
Section 31 of the Contract Act defines contingent contracts as “ A contract to do or not to do something, if some event, collateral to such contract does or does not happen.” Such contracts are valid under Indian Contract Act 1872.
Insolvent is a person who is unable to meet debts or discharge liabilities i.e. bankrupt.
The use of force by states can either be lawful or unlawful. Employment of hostile act nevertheless lawful is called Retortion. On the other hand if the force employed was illegal it is called Reprisal.