“Pro tanto “ and “Ex gratia” are two latin terms. The word “pro tanato” denotes something that has only been partially fulfilled. It is a philosophical term indicating the acceptance of a theory or idea without fully accepting the explanation while the term “Ex gratia” is a more literal term derived ‘from grace’. It refers to someone …
[vc_row][vc_column][vc_column_text]Introduction The Directors of a Company act as agents of the Company and enter into contracts and arrangements on behalf of the Company. Sometimes, in the course of such transactions, the Directors may have some personal interest in the transactions to be entered into by the Company. Since they occupy such a key position requiring trust and utmost good …
Interested Contracts Under Section 297 And Course Of Action Read More »
In India, the Industrial Disputes Act, 1947 is the main legislation for investigation and settlement of all industrial disputes. The Industrial Disputes (Amendment) Act, 2010 (No. 24 of 2010), has come into force from 15th September, 2010. The Industrial Disputes (Amendment) Act, 2010 have brought few significant changes to the Industrial Disputes Act, which are produced under the following …
The Industrial Disputes (Amendment) Act, 2010 (No. 24 of 2010) Read More »
As we move into the 15th year since the foundation of R & A, it is another golden leaf turned in the history of R & A book. We are overwhelmed to open our first branch “R&A – Delhi and Gurgaon” (Branch office) which was inaugurated on 5th March 2011 at 11:00AM by Ms. Rashida …
Dear All, As we all get into new Financial Year 2011-2012, I wish you all an incredible year ahead. Indian economy is expected to grow at 8.7% in the fiscal year ending March, 2011. Furthermore, economists have forecasted an 8.5% growth for the fiscal year 2011-12. This will usher in lot of opportunities for the …
R & A constantly reflects on its mission and makes untiring effort to notch up regularly Read More »
[vc_row][vc_column][vc_column_text] Background The concept of Producer Companies was introduced in 2002 by incorporating a new Part IXA (section 581A to 581ZT) into the companies Act,1956(“the Act”) based on the recommendations of an expert committee led by an economist, Y. K. Alagh. Aim of the Committee was to – • frame a legislation that would enable …
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