INTRODUCTION A shareholder usually referred to a person, business, or organization that has at least one share of company stock. Since shareholders are a company’s owners, they profit from its performance in the form of a rising stock valuation. Individuals in an organization whose interest in democratic decisions made by the corporation is disregarded by majority…
View detailsAbout Ayushi I am Ayushi Sahu, a student at the University of Petroleum and Energy Studies, Dehradun. I am a fifth-year student pursuing B.Sc. L.L.B. (Hons.) with specialization in IPR. Law has never been an inside-the-box career but now it has a much wider scope and is one of the few professions that provide an…
View detailsAbout Sheereen I am Sheereen Iqbal, presently I am a 4th year law student, pursuing my B.A LL.B. from South Calcutta Law College under Calcutta University.I have completed my schooling from D.A.V public School, Asansol.I was always having deep curiosity to learn about law and always wanted to excel in legal field and this interest…
View detailsAbout Yash My name is Yash Sharma, a first-year student, pursuing BA LLB at S.S.Jain Subodh law College Jaipur, pinning ones hope on expanded grip all told directions. I possess an interest in persuading people, solving difficult situations and seeking social justice. I’ve got various skills like, Communication, Creative problem solving, Legal research, Case analysis,…
View detailsAbout Asritha My name is Asritha and I’m pursuing final year of LLB. I’m 2 nd child of my parents and have an elder sister who’s married and is a homemaker. My goal is to become one of the renowned Advocate and I like to be an independent person and establish myself. I’m a person…
View detailsAbout Jhanvi “A lawyer without books would be like a workman without tools” I’m Jhanvi Shukla, pursuing B.B.A.L.L.B(HONS.) from University of Mumbai Law Academy. I’m a diligent learner and eager to take on challenges that help me enhance my calibre.During my internship at Second Innings under the guidance of my mentor Adv. Aishwarya Sandeep, I…
View detailsIn India, the first company legislation dates back to 1850, called the Joint Stock Companies Act, adapted from the English Companies Act, of 1844. After multiple amendments and additions, the Companies Act, of 1913 was passed by the Parliament. This was further amended and the Companies Act, of 1956 came into force, based on the…
View detailsThe financial year was not defined under the Companies Act, of 1956. However, the Companies Act, 2013 (“the act”) amended the same and added the definition of the financial year to avoid any differing financial years. The financial year is important because it decides for which period a set of records, is to be analyzed,…
View detailsThe Companies Act,2013 is a broad detailed legislation which basically governs the incorporation, dissolution, and functioning of the company. Mainly, it focuses on the pellucidity by way of detailed disclosures. Financial statement, Board’s report,etc has been mentioned under section 134 of Chapter IX of Companies Act,2013. Financial reporting is necessary for companies as it provides…
View detailsMeaning of “call on shares” The term call refers to “an order or demand for payment”. A demand made by a company, under the terms of its articles of incorporation or the terms of the issuance of the share, asking its shareholders to pay up the entire or partial nominal value of their shares is…
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