The most basic benefit of company law incorporation is that it invites the general public to invest in them. A business with a rating of incorporation owes its establishment to either a special Act of Parliament or company legislation. A corporation is more than just a legal entity. It's more of a legal device for achieving a social and economic goal. As a result, it's a multi-faceted political, social, economic, and legal entity. As a result, the term "business" has been defined in a variety of ways. It is a method of cooperation and organization used in the functioning of a business. According to Lord Justice Lindley, an organization is "an association of several persons who contribute money or money's worth to co-operate in how." The prospectus is only required when the firm wants to raise funds from the general public. Section 2 of the Companies Act of 2013 defines a prospectus (70). A prospect
India has the world's second largest population making it one the biggest consumer of Narcotic Drugs and Psychotropic Substances often known as ganja, charas, opium, lsd, cocaine etc. Due to lockdown the consumption was supposed to decline but instead it has increased significantly. Nearly 3.1 crore population of our country is a user of cannabis and approx. 1.08 people are users of sedatives. 1.20% of people from age 10 to 75 use cannabis, 0.11% people in the same age group use cocaine and 2.06% people of the same age group use opioids. This is massive abuse of drugs. According to Global Burden of Disease Study 2017 there were a total 22,000 deaths in India due to abuse or overdose of drugs and 80% of them were premature. A substantial amount of our country's population deals in consumption, sale, manufacturing, selling and possessing of Narcotic Drugs and Psychotropic Substances. To curb this NDPS Act plays a vital role. The Narcotic Drugs and Psychotropic Substances Act wa