Search results
Results from the WOW.Com Content Network
Meeting of the minds (also referred to as mutual agreement, mutual assent, or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract.
Generally, in a meeting of a deliberative assembly, business is conducted using a formal procedure of motion, debate, and vote.However, if there are no objections, action could be taken by unanimous consent.
The Act was administered by the Government of India through the Ministry of Corporate Affairs and the Offices of Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board, Director of Inspection, etc. The Registrar of Companies (ROC) handles incorporation of new companies and the administration of running companies.
The assent procedure was introduced by the Single European Act. Under this procedure, the Council of the European Union must obtain Parliament's assent before certain decisions can be made. Acceptance ("assent") requires an absolute majority of votes. The European Parliament can accept or reject the proposal but not amend it.
Long title: An Act to reform company law and restate the greater part of the enactments relating to companies; to make other provision relating to companies and other forms of business organisation; to make provision about directors’ disqualification, business names, auditors and actuaries; to amend Part 9 of the Enterprise Act 2002; and for connected purposes
The Companies Act 2013 (No. 18 of 2013) is an Act of the Parliament of India which forms the primary source of Indian company law.It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956.
The President can assent or withhold his assent to a bill or he can return a bill, other than a money bill. If the President gives his assent, the bill is published in The Gazette of India [5] and becomes an Act from the date of his assent. If he withholds his assent, the bill is dropped, which is known as pocket veto.
Private acts are either local or personal in their effect, applying to a specifically named locality or legal person in a manner different from all others. Private bills are "usually promoted by organisations, like local authorities or private companies, to give themselves powers beyond, or in conflict with, the general law.