tag:blogger.com,1999:blog-3202774368551476669.post5130810327138017761..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: Is it time to abolish the memorandum of association?Umakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3202774368551476669.post-3987979003132656342016-02-09T08:35:51.128+05:302016-02-09T08:35:51.128+05:30Offhand
The referred expert committee’ recommenda...Offhand<br /><br />The referred expert committee’ recommendation on amendment of sec 4 (1)(c) of the Act , instantly takes one to the practical wisdom or otherwise underlying the age-old maxim - Generalia Specialibus Non Derogant. According to a school of thought, vide Syntactical Presumptions - Denman Chambers, - the right or wrong of which is inevitably prone to a never ending debate,- that “has caused a great deal of litigation and seems frequently to have thwarted the maxim”. May be recommended to explore further, mostly for academic interest ; but unlikely to save from the cfommonly dreaded ‘brain drain’- agree ? <br /> <br /><br />vswaminoreply@blogger.com