supplementary notes_company law

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    SupplementaryNotesCompanyLaw ForDecember,2012Exam

    11

    KKUUMMAARR

    LLAAWCCLLAASSSSEESS

    **CCSSKKUUMMAARRCCHHAANNDD

    RRAAMMOOHHAANN**CCSSPPUUJJAAMM

    OOHHAANN**

    ((SS

    ppeecciiaalliisseeddiinnCCAA,,CCSS,,CCWW

    AACCooaacchhiinnggFFoouunnddaattiioonn//EExxeeccuuttiivvee))

    RReeaallSSttuuddyyCCeennttrree,,114488//1144,,NN..SS..CC..BBoossee

    RRooaadd,,NNeeaarrTToollllyygguunnggeeMMeettrrooSSttaattiioonn,,KKoollkkaattaa

    4400..

    CCoonnttaa

    ccttNNoo..99333311996633883355,,99223399552211112288,,99443333335522992266..

    Theword'LLP'wouldformpartofitsname. The word'ProducerCompanyLimited'wouldformpartofitsname.

    Trust

    Bailment

    Atrusteebecomestheownerofthetrustproperty. Baileedoesnotbecometheownerofthebailedproperty.

    Theobligationoftrusteeisequitable. Theobligationofbaileeis legal

    Atrustcanbecreatedbothinrespectofmovablepropertyaswellas

    immovableproperty.

    Abailmentmaybeonlyinrespectofmovableproperty

    Inatrust,generallypropertydoesn'tcomebacktotheauthor. Inabailment,generallypropertycomes backtothebailer

    Agency Trust

    Anagenthasnotitletotheproperty. Atrusteeisthefullownerofthetrustproperty.

    An

    agent

    acts

    on

    behalf

    of

    the

    principal. A

    trustee

    acts

    in

    his

    own

    right.Anagentisnotpersonallyliable,ifheactsonbehalfoftheprinciple. Ontheotherhand,atrusteeispersonallyliable.

    KKUUMMAARRLLAAWWCCLLAASSSSEESS(Real

    Study

    Centre,

    148/

    14,

    N.S.C.

    Bose

    Road,

    Near

    Tollygunge

    Metro

    Station,

    Kolkata

    700

    040.)

    CCoonnttaaccttNNoo..::99333311996633883355,,99223399552211112288,,99443333335522992266..

    CS Foundation&Executive(AllPapers)

    CA/CWAAllLawPapers

    Faculties:CS

    KUMAR

    CHANDRA

    MOHAN

    *CS

    PUJA

    MOHAN

    *Experiencedfaculties*Allsubjectnotesavailable*

    *Allsubjectsunderoneroof*Smallbatches*

    *Indepthstudywithinscheduledtime*RevisionaryClasses*

    *MockTests*

    *AdmissionopenforJune,2013batch*