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Hello friends, Thanks for visiting the blog 'The legal train'. It is a platform to get legal knowledge at one platform. Gain knowledge and share knowledge is the main motto. If you like the posts, don't hesitate to comment, and if you want to share something send me here apoorva16sharma@gmail.com, your valuable contributions shall be published here if it is pertinent. Keep your baggage of worries aside, enjoy the winds of knowledge, and enjoy the journey in this legal train. Welcome you all Apoorva sharma founder The legal train

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Unethical practices in all forms of Business accounting

Accounting is known as the language of Business organisation and mainly concerned with the recording and maintaining of the financial data and communicating   the information or data to the users. Though it is not an easy process as it involves various set of steps between them. Like it starts from 1].Identifying the transaction 2]. measuring and analysing the transactions which involves measuring the transactions in terms of money because as per the money measurement concept only those transactions, which can be measured in terms of money/monetary terms, can be recorded in the books of accounts. 3].Recording the identified and measured transactions in the journal. Journal is a book of primary recording, mainly concerned with writing the transactions for the first time in the books. 4].Posting the information into ledger accounts which is considered as a book of secondary entries. 5].Summarising the information by making trial balance and preparing the income(profit and loss acc...
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Decree obtained by Fraud

Decree obtained by fraud will be nullity if decreed to be nullified by the court of competent Jurisdiction *In the case of A.V. Papayya Sastry & Ors vs Government Of A.P. & Ors on 7 March, 2007 It is thus settled proposition of law that a judgment, decree or order obtained by playing fraud on the Court, Tribunal or Authority is a nullity and non-est in the eye of law. Such a judgment, decree or order by the first Court or by the final Court has to be treated as nullity by every Court, superior or inferior. It can be challenged in any Court, at any time, in appeal, revision, writ or even in collateral proceedings.  *In S.P. Chengalvaraya Naidu (dead) by LRs. V. Jagannath (dead) by LRs. & Ors. (1994) 1 SCC 1 : JT 1994 (6) SC 331, this Court had an occasion to consider the doctrine of fraud and the effect thereof on the judgment obtained by a party. In that case, one A by a registered deed, relinquished all his rights in the suit property...
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Procedure for Non-Compliance in holding Board Meetings

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