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Chhajju Ram Vs. Neki Ram & Others

Chhajju Ram Vs. Neki Ram & Others Subject matter of the case - What is the meaning of "Any other sufficient cause" and principle "of Ejusdem Generis" under Order 47 Rule 1 C.P.C. ? Facts of the case -  1. On 22nd October, 1912 one Mr. Chhajju Ram purchased certain lands of villages Kasgar and Jammi Kera from Mrs. Forbes for Rs. 42,000/- Mr. Chhajju Ram also took the possession of the above properties after the execution of the sale deed in his favour. 2. Neki Ram and others filed a suit against Chhajju Ram alleging that the execution of the above sale deed in favour of the defendant is collusive hence the same be declared null and void and the plaintiffs be given the possession of the said land on payment of Rs. 15,000/- on the basis of their preemptions. It was argued by the plaintiffs that :- i. The plaintiffs are Gaur Brahmins by caste and are the occupancy tenants of village Kasgar and were the members of Agriculture Tribes within the meaning...
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Types of companies - Meaning, Definition(Companies Act)

Types of companies - Meaning, Definition(Companies Act)

Hello Guys, Welcome to The Law Press  Today  we will start Company Law Unit 1 or simply basics.

In this article we will be covering all subjects of various courses of different universities to help students with last minute revision and to score good marks. 

Out subject for today's article will be Company Law. We will be doing Unit-1 as per CCS University Syllabus Unit -1.

And they are: 

  • Kinds Of Companies/Types of companies
  • Meaning/Definition of companies 


Before starting with the types of companies, we will understand the meaning of company 

The meaning of company can be understood with this easy defination.
Company is an voluntary association of individuals with a motive to earn profit. It is created by law and is artificatial in nature.  

 After understanding the meaning, it is essential to learn the proper definition as per Law Definition has be taken from the Companies Act only. There have been many Acts till now starting from Companies Act 1956 to Companies Act 2015 . The Company act explains that as per law any existing company or the company incorporated as per any company act or law will be called a company.   

Here, we  have divided companies under various aspects. These are:

  • INCORPORATION,
  • LIABILITY,
  • CONTROL,
  • OWNERSHIP and 
  • NATIONAL INTEREST. 


First of all we will start on the basis of incorporation. Incorporation here simply means, how the company has come into existence or how it has been formed.     

Companies on the basis of Incorporation are: 
1- Chartered Company -  Companies incorporated or formed by any king or queen by passing a charter. Nowadays, like companies are created wither by registration or by passing any law in parliament.
 Similarly, in earlier times, king or queen used to create these by passing CHARTER. these are not found anymore, neither we have to study them in detail. Some examples of Chartered Companies are East India Company.

2- Statutory company - Companies which are formed due to any act or law passed in parliament are statutory companies for eg Reserve Bank of India (RBI ACT), Life Corporation of India (LIC) after LIC Act. 

3- Registered company - Registered Companies are the most commonly found companies and the definition of registered company is even easier to remember its same as the definition of the company as we have studied under Company Act 1956/ Company Act 2013.  Example: Maruti,  TATA etc 

With this, we finish the kinds of company on the basis of incorporation. Now we move on the next basis i.e On the basis of liability.(Part-2).                                                                                                                                                                                                                                                                                               
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Chhajju Ram Vs. Neki Ram & Others

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