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A brief action or summary procedure is contained in Ordinance 37 of the Civil Procedure Code, 1908 (hereinafter referred to as the “CPC”), whose purpose is to summarize the proceedings in the absence of a defendant’s defence.
The petitioner, being a debenture trustee, filed a summary suit against the defendant in the Bombay High Court to enforce rights arising out of Corporate Guarantee which was executed by the defendant.
Remedies Available to Recover Money from Promissory Note Generally, pending dues come into existence through business transactions undertaken by written contract.
For a business to grow and mature, it is necessary to opt for an outsourced accountancy services company or “virtual financial manager”, (VCFO Financial Manager) to streamline winding operations.
Upon reaching a certain critical mass, every business organization needs a Virtual CFO Services to handle funding and fund requirements, legal and tax compliance
Problems to manage startups in absence of co-founder agreement- A co-founder Agreement is an essential document that could save anybody’s lot of pain, money and the confusion.
Considerations surrounding joint venture agreements in India while the present state of affairs indicates a negative GDP growth for a majority of developed countries