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India is home to a large pool of labourers working in public as well as private sector. Every year, on the 1st of May, International Labour Day or May Day is celebrated to fete the laborers and the working class. On the occasion of Labour Day, this write-up on Minimum Wages Act, 1948 is a tribute to the […]

Monopoly And Unfair Trade Practices

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Meaning of Monopoly: When one or more big companies are the sole sellers of a product and no other small business sells that product, they have an advantage of changing the situations in the market according to their interest, which is called as their monopoly. Certain features of monopoly: High prices: There are no competitors […]

Examination meeting by MCA – ‘Grey Area’ in the Companies Act.

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– for clarification and further information on the subject, you may write to our top corporate law advocates in Chandigarh. In September MCA had canceled registrations of defaulting companies (over 2 Lakh) and also debarred over 3 Lakh directors of companies. Such an action was taken under the provisions for deregistering companies that had failed […]