Definition of Company In general parlance, any commercial activity undertaken by a group of people under a registered name for the same is called a company. The word “Company” cannot be restricted to have legal or technical usage or meaning …
Introduction Separate Legal Personality (SLP) is the core principle on which company law is based. Establishing how a company exists and establishes the foundation of actions is considered, it is perceived as, perhaps, the most profound and steady rule of …
What is a Company? A company is a legal entity formed by individuals or groups with the purpose of conducting business activities. It offers numerous advantages that make it an appealing option for entrepreneurs and investors. First and foremost, a …
INTRODUCTION: Companies Act, 2013, lists certain associations to be illegal, when that association/ partnership hides from Companies Act 2013, by non-registration, and carries on profit gaining business. This is known as Illegal Association. ILLEGAL ASSOCIATION: Section 464 of the Companies …
Definition of Amalgamation: Section 232 of the Companies Act, 2013 provides the provisions for amalgamation. There is no expressed definition of amalgamation in the Act. However, Section 2(1B) of the Income Tax Act, 1961 widely explains the term amalgamation by …
Introduction Legal fiction is one of the terms which is used in the present time, because of this law gets easily set off from the truth (applying to any things) it is done even if there is no sufficient cause …
Companies evolve internally and externally to achieve the business objective of the company. Amalgamation is one among such common business moves in the corporate world wherein a company combines with one or more companies and resultantly forms a new company. …
Introduction A voluntary wind-up is a self-imposed wind-up or liquidation of a company by the consent of all the shareholders of the company. This decision comes into force when the directors of the company or leaders take the decision to …
Introduction Articles of association create a type of document that specifies the rules and regulations of a company’s working method or operations, it also defines the purpose of the company. This document lays out how tasks are to be completed …
Have you ever thought about why some companies with flourishing business had to wind up? What are the circumstances which take a company to absolute nullity? And what happens next? I am bringing you a brief insight that will clear …