Abstract: Through this informative article explains I have explained how a company, organization or corporation shuts down its operations. The article begins by shedding a light on how the Indian judiciary defines ‘wind up’ and under which sections ambit does …
Introduction: According to Section 2(20) of the Companies Act “Company” means a company incorporated under Companies Act, 2013 or under any previous law. In common law, a company is a “legal person” or “legal entity”, as it is capable of …
PROSPECTUS According to section 2(70) of the Companies Act, 2013 a prospectus is any law-related document outlining the financial securities for the sale to the investors of the corporate which also includes any circular, notice, ads or document which acts …
INTRODUCTION This article is a study of the remedies available to the minority shareholders against mismanagement and oppression under the Companies Act, 2013. The main aim of the remedies is to safeguard the interest of the investors in the company …
Introduction A company secretary is a very important person in a company, he is an important managerial and administrative part of a company. Now under the Companies Act 2013, he could also be the legal representative of the company. He …
INTRODUCTION: The Principles of Modern Company Law, explains Winding up of a company is the process whereby its life ended and its property administered for the benefit of its creditors and members. An administrator, called a liquidator, is appointed and …
Reconstruction of a company comes into the picture when the business of a company suffers from long term financial crisis or loss and apparently has poor financial position as per its balance sheet. Indian Company Act, 2013 allows those companies, …
Meaning of Company The word ‘Company’ has no exact legal or technical connotation. In the terms of the company’s act 2013, a company means a company formed and registered under the companies act. Companies Act, 2013, the extent of application …
Directors are professionals deputed by the Company to run its business. They are officers who control the overall functioning of the Company involving day-to-day management and superintendence of the company’ affairs. Section 2(34) of the Companies Act, 2013 defines director …
Introduction In the day-to-day working of a company, some decisions need to be taken regarding the management of the company and these decisions are usually taken by the majority members. In this process of decision-making, there may arise certain opportunities …