Introduction With the impetus in the practice of corporate laws, it has become necessary to know some basic laws concerning a company. One such law is the Companies Act, 2013 (hereinafter referred to as “Companies Act”). Nonetheless, a mere study …
Introduction Undoubtedly, there is a striking difference between being aware of the existence of a subject matter and being exhaustively informed of the same. However, a borderline difference sometimes could considerably vary in different aspects, making two different concepts distinct …
Introduction Corporate Governance is a standard of principles, rules, customs, policies and regulations adopted to regulate and administer a corporation. The hype and demand of good corporate governance and the awareness elevated more with a plethora of corporate scandals and …
Introduction A contract is a lawful agreement between competent parties to do or not to do something for a valid consideration and lawful object, formulated through an offer and its subsequent absolute acceptance. It is entered so as to bind …
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 …