Category: Friends

According to Section 2 (36), prospectus means “any document described or issued as a prospectus and includes any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in, or debentures of a body corporate.”Thus, prospectus is a document inviting the public to subscribe to the share capital of a public company. Any document which has the object of securing the required capital or public deposits for a company comes within the definition of prospectus. Invitation to public: ADVERTISEMENTS: Section 67 clarifies as to what will constitute an invitation to the public. It states that an offer or invitation to any section of the public, whether selected as members or debenture-holders of the company or…

Lakshmibai, the queen of Maratha-lead princely state of Jhansi is a legendary figure who was one among the major leaders of the Indian Rebellion of 1857.She was a great freedom fighter and the heroine of the first war of Indian Freedom. She is known for her stern resistance to British rule.Lakshmibai was born on 19th November 1828 in Varanasi into a Brahmin family and was named Manirkarna or Manu (nickname) .Her parents, Moropant Tambe(father) and Bhagirathibai Tambe(mother) came from Maharashtra. Her mother died when she was four and her father worked for a court in Peshawar of Bithoor district. Image Source: booksdestination.com ADVERTISEMENTS: Later on he moved to the court of Raja Gangadhar Rao, the Maharaja of Jhansi, when Manu was 13. A year later, she was married to Gangadhar…

Like many other concepts in political science, the concept of justice has been one greatest contribution of ancient Greece. Plato, one of the greatest political philosophers has made a significant contribution to the development of notion of justice. His work ‘Republic’ has been titled as “on concerning justice”.The’ impact of his work is such that most often scholars aims to imbibe the spirit of this classic in developing their own notion of justice.To Plato: “Justice is having and doing what is one’s own”, and “A just man is a man just in the right place doing his best and giving full equivalent of what he receives”. Image Source: theawakemind.com 1. Critique of Prevailing Theories: ADVERTISEMENTS: To develop his own theory of justice, Plato discusses the prevailing theories of justice. Three…

According to a leading dictionary, a society is a ‘particular grouping of humanity with shared customs, laws etc.’ Since a school meets these criteria, it may be called a society within a society—a miniature society that exists within a larger society.The kind of ‘grouping of humanity’ that a school comprises varies from place to place. The composition may be fairly homogeneous in a village, while in a metropolis it is often very heterogeneous. Either way, once a child enters a school, he automatically joins a community whose members function under the leadership of the same authorities, and who share the same rules and regulations.A school represents a society, unless the institution specifically caters to any particular group or ideology. Ideally speaking, the students in a school must represent a wide…

Many are the pleasures and great is the value of keeping a diary.As we go about this business called life, we are caught up in a swirl whose momentum keeps us going, and unless we train ourselves to pause and find our bearings, we lose ourselves in the flurry of activity in which we are engaged. A feeling of meaninglessness and emptiness sets in, but because we have not taught ourselves to introspect, we try to get away from our discomfort by speeding up our lives even further with a spate of new activities that puts us into a breathless rush. Speed becomes its own goal and the scene around becomes a blur. To others, the effect might be dazzling, but sooner or later there is bound to be a…

There was a time when friends used to sit by the side of the Ganges in Allahabad and reflect on the mesmerising magic of the sunset wondering at the master painter who created that awesome and enthralling panorama in the firmament. But a group of young friends at the same riverbank today will be busier with their respective mobiles either chatting with some other friend or worse, playing some game on the mobile. They do not have the time to wonder at the majestic movement of the sun or thrill at the song of the birds returning to their nest.The mobile revolution swept India at the beginning of the twenty- first century. The creme de la creme of society were already using it by the late 1990s but the hoi…

In the words of Stanley Lanepoole, “Qutbuddin was the real founder of the Muslim dominion in India.” Although the credit of the victories in India goes to Muhammad Ghori, yet Aibak was pri­marily responsible for the success of Sultan Ghori. Image Source: photos1.blogger.comThe consolida­tion of the victories was not done by Ghori for he mostly remained away from India. It was Aibak who carried out the consolidation on behalf of Ghori and strengthened the infant Muslim empire. ADVERTISEMENTS: Owing to the untimely death of Ghori the survival of the Indian empire was endangered but with his ability and farsightedness, Aibak not only saved the newly established Muslim empire from the politics of Central Asia but also organized it properly and well. He also con­solidated his own position by establishing matrimonial…

Legal Provisions of Section 464 of Indian Penal Code, 1860.Making a false document:Section 463 defines forgery. It says that whoever makes any false document or false electronic record or part of a document; or electronic record, with the intention to cause either damage or injury to the public or to any person, or to support either any claim or title, or to cause any person to part with property, or to enter into any express or implied contract, or with the intention to commit fraud or that fraud may be committed, commits forgery. Image Source: uploadeater.com ADVERTISEMENTS: The section says that forgery means making of any false document or false electronic record or part of a document or electronic record. If there is no making of a false document or…

Distinction between Cheating and Criminal Misappropriation are as follows:1) Cheating is defined in Section 415 (See Section 415) while criminal misappropriation is defined in Section 403 (See. Section 403). Image Source: pearlsofprofundity.files.wordpress.com ADVERTISEMENTS: 2) In cheating, the wrong-doer induces the owner of the property to deliver it or any person to do or to omit an act, while, in criminal misappropriation, the owner of the property hands over the property innocently to the wrong-doer in good faith. Therefore, the wrong-doer misappropriates it.3) In cheating, the deceitful and fraudulent act starts from the beginning and the offence completes when the wrong-door obtains the property, whereas, in criminal misappropriation in the beginning, the wrong-doer obtains the movable property from its owner with owner’s consent. Thereafter he misappropriates against the wish of the…

Section 24 of the Act makes provision for the grant of maintenance pendente lite and expenses of the proceedings to either spouse. Such provision of maintenance in favour of a needy spouse applies irrespective of whether such spouse appeared as iniator of the proceeding or not. Image Source: i.ytimg.comOnce an order is passed under this section, no matter what happens in the petition thereafter, the liability to pay maintenance and expenses of the litigation in respect of the period during which the proceedings were pending cannot be avoided. The subsequent dismissal of the petition does not exonerate the liability already incurred. ADVERTISEMENTS: After the amendment the following provision shall also be inserted, that the application for the payment of the expenses of the proceeding and such monthly sum during the…