Notes and Study material for Exams
Lapsing of Bill A bill that has not been passed by the end of a legislative session is said to have lapsed. This means that the bill will not be considered again until the next legislative session. There are a few reasons why a bill might lapse. One reason is that the bill may not … Read more
Dissolution Dissolution is the process by which a company ceases to exist. It can occur voluntarily, such as when a company decides to close its doors, or involuntarily, such as when a company is forced to close by the government. There are a number of reasons why a company might choose to dissolve. One reason … Read more