Showing posts with label Legal. Show all posts
Showing posts with label Legal. Show all posts

Monday, 19 March 2012

Justin Bieber To Appear On Complex Magazine 10th Anniversary Cover


Justin Bieber 18 now! He Is legal and now he can do some adult work. 
According to news He is Going to appear on the 10th anniversary cover of Complex magazine. 
it features Justin Bieber wrestling and fighting hard. 
Here are HD And Wild Pics : 









Tuesday, 4 October 2011

What is Bankruptcy,Affidavit and Winding up of companies? - Common legal terms must know

Bankruptcy or insolvency is a legal status of a person or an organisation that cannot repay the debts owed to creditors. In the majority of cases, bankruptcy is initiated by the debtor . An involuntary bankruptcy petition can not be filed against an individual debtor who is not engaged in business.




Affidavit is a written declaration upon oath made before an authorized official,such as a notary public.


In other words,An affidavit is a formal sworn statement of fact, signed by the author, who is called the affiant or deponent, and witnessed as to the authenticity of the affiant's signature by a taker of oaths, such as a notary public or commissioner of oaths.


Winding up of a company is defined as a process by which the life of a company is brought to an end and its property administered for the benefit of its members and creditors. An administrator, called the liquidator, is appointed and he takes control of the company, collects its assets, pays debts and finally distributes any surplus among the members in accordance with their rights. At the end of winding up, the company will have no assets or liabilities. When the affairs of a company are completely wound up, the dissolution of the company takes place. On dissolution, the company's name is struck off the register of the companies and its legal personality as a corporation comes to an end.


Source:Wikipedia,business.gov.in