Introduction While studying Company law, it is inevitable to understand the concept of shares and other sub-topics associated with it. Hence, while studying shares we come across the concept of transfer and transmission of shares. The two concepts seem similar …
Introduction: The doctrine of indoor management is also known as “TURQUAND’S RULE”. The doctrine of indoor management protects outsiders, who have entered into any contract with the Company, by placing the parties in the first place and companies policy, behind …
Introduction before heading towards the securities market and securities laws in India, let’s understand what actually securities are. Securities are nothing but a financial asset which can be traded. Securities are considered as those financial instruments which possess some value …
Meaning of Shares According to section 2(84) of the Indian companies act 2013, a ‘share’ means a share in the share capital of a company. Shares are the ownership capital that is held by the owners of the company. The …
Introduction The prospectus is an important document, related to the formation of the Company. A prospectus is a legal document through which the Public Company raises funds after its incorporation. Promoters play an important role in the making of the …
Definition of Ultra Vires: The term “Ultra Vires” originated from a Latin phrase meaning “beyond the power.” Actions beyond the corporate charter’s ambit or most appropriately beyond the predetermined power could be cited as ultra vires. Ultra vires acts shall …
Introduction The Doctrine of Constructive notice talks about assuming the person or entity has all the knowledge about the law which a reasonable person should have. In this doctrine, it is noted that no person cannot give the excuse of …
INTRODUCTION In the corporate world before some amendments took place, one might think that corporations reflect the light only on economic factor but it is not true the performance of corporations reflect the light not only on economic factor but …
INTRODUCTION A Company is not an ‘individual’ in the layman’s language. It is an association made by a gathering of people who meet up with the end goal of building a business. It is subsequently the representation of gathering or …
INTRODUCTION The process of a company’s dissolution is called winding up of a company. It is a process in which a company’s assets are collected and then sold in order to clear its debts. The company ceases to do its …
