This article has been by Ms. Sheereen Iqbal, a student of South Calcutta College of Law, Calcutta. WHAT IS AN ASSOCIATE COMPANY INTRODUCTION According to section 2(6) of Companies Act,2013, company that has significant influence over another company but is not a subsidiary of that company is referred to as a “associate company.” This term also…
View detailsThis article has been written by Ms. Sheereen Iqbal, a student of South Calcutta College of Law, Calcutta INSPECTION, INQUIRY AND INVESTIGATION UNDER COMPANIES ACT INTRODUCTION The provision of “investigation,” “inquiry,” and “inspection” is defined in Sections 206 to 229 of Chapter XIV of the Companies Act, where the Central Government’s main goal was to…
View detailsThis article has been written by Ms. Sheeren Iqbal at Southern Calcutta Law College, Calcutta RED HERRING PROSPECTUS INTRODUCTION To start with we will first know the meaning of a prospectus according to company law. Any document referred to or released as a prospectus, including any notice, circular, advertisement, or other document inviting public deposits…
View detailsEQUITY SHARES WITH VOTING RIGHTS This article has been written by Ms. Sheereen Iqbal, a student of South Calcutta Law College, Calcutta INTRODUCTION According to section 43 of Companies Act,2013 there are two kinds of share capital:- (a)Equity Share capital (i) with voting rights or (ii) with differential voting rights; and (b) preference share capital.…
View detailsThis article has been written by Ms. Sheereen Iqbal, student of South Calcutta University, Calcutta INTRODUCTION Liquidating a business is the process of winding up. In the process of winding up, a business stops operating normally. Its sole objective is to liquidate the company’s stock, settle any debts, and transfer any residual funds to partners…
View detailsThis article has been written by Ms. Shereen Iqbal, a student of South Calcutta Law College, Calcutta. DECRIMINALISATION OF COMPOUNDABLE COMPANY LAW OFFENCES INTRODUCTION (REASONS BEHIND DECRIMINALISATION) The Companies (Amendment) Act,2020 expanded the scope of section 446B’s application to all provisions of the Companies Act,2013, which are subject to monetary fines. It also extended the…
View detailsThis article has been written by Ms. Sonakshi Singla, a student of Army Law Institute, Mohali Paragraph: Change block type or style Move Paragraph block from position 37 up to position 36 Move Paragraph block from position 37 down to position 38 Change text alignme 52 DECRIMINALISATION OF COMPOUNDABLE COMPANY LAW OFFENCES INTRODUCTION The COVID-19…
View detailsThis article has been written by Ms. Sonakshi Singhla, a student of Army Institute of Law, Mohali INTRODUCTION Abridge, according to the dictionary, means to condense something without losing its original meaning. The Indian Companies Act, Section 2(1), defines an abridged prospectus as a memorandum that contains all the key elements of the prospectus as…
View detailsThis article has been written by Ms. Khushi Prajapati , a student of Unity PG Law College. WHAT IS A PUBLIC COMPANY ? As per Section 2(71) of the Companies Act, 2013 “Public company” means a company which is not a private company and has a minimum paid-up share capital as may be prescribed. Provided…
View detailsThis article has been written by Mr. Aditya Jain, a student of Maharishi University of Information TechnologyAccording to Section 2(92) of the Companies Act 2013 unlimited Company refers to a company that does not have any restriction on the liability of the company’s members. The shareholders and members are wholly liable to cover the debts of…
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