This article has been written by Mr. Aditya Jain, a student of Maharishi University of Information Technology Meaning of a prospectus As per section 2(70) of the Companies Act 2013, a prospectus refers to a document which invites proposals from the people for the buying of the securities of the company. ‘Prospectuses comprise not only…
View detailsThis article has been written by Mr. Aditya Jain, a student of Maharishi University of Information Technology Ministry of Corporate Affairs is the Indian ministry of the government principally focused on the management of the Limited Liability Partnership Act, 2008, the Companies Act 2013, the Insolvency and Bankruptcy Code, 2016 and the Companies Act 1956. The Ministry is…
View detailsThis article has been written by Mr.Aditya Jain, a student of Maharishi University of Information Technology Introduction A prospectus refers to a legal document by the means of which a Public Company raises the funds subsequently after its incorporation. A vital role by the Promoters is played in the creation of the prospectus. Prospectus is…
View detailsThis article has been written by Ms. Shruti Garg, a student of Indian Institute of Legal Studies INTRODUCTION Share capital is the amount that is invested by the shareholders in the company. It is a long- term source of capital in which the shareholders receive a portion of company’s ownership. For a company to have…
View detailsThis article has been written by Ms. Shruti Garg, a student of Indian Institute of Legal Studies. INRODUCTION The directors of the company are the key managerial persons. They are professional men hired by the company to direct its affairs. The directors are sometimes described as agents, trustees or managing partners of the company who…
View detailsThis article has been written by Ms. Shruti Garg, student of Indian Institute of Legal Studies. INTRODUCTION Notification is provided is in order to give the members of the company knowledge about a particular information. The notification provides the purpose and also makes it mandatory for the member to comply with it. A company may…
View detailsThis article has been written by Ms. Shruti Garg, a student of Indian Institute of Legal Studies INTRODUCTIONCivil courts have jurisdiction to try all suits of a civil nature except those suits of which the cognizance is either expressly or impliedly barred. In India the functioning of Civil Courts is guided by the Code of Civil Procedure,…
View detailsThis article has been written by Ms.Shruti Garg, student of Indian Institute of Legal Studies INTRODUCTION A company incorporated as per the companies Act, 2013 is regarded as a registered company. Companies are of different types and this segregation is made depending on the basis of incorporation, members, liability, share capital, guarantee and control. Companies…
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