Power of Limited companies to alter its share capital – Aditya Jain Introduction Section 61 of Companies Act, 2013, has laid down the power of limited company to alter its share capital. Section 61 came into existence on 1st April 2014 excluding the proviso of sub-section 1 and the proviso was implemented on 1st June 2016. Limited company…
This article has been written by Aditya Jain 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 of a document designated or distributed as prospectus but…
This article has been written by Mr. Aditya Raj Pandey, a 2nd Year BA LLB student from Symbiosis Law School, Hyderabad INTRODUCTION From the past few decades, we commonly observe two primary processes, in which one is associated with rearrangement and reorganization of any corporation and firm whereas the other one is related to indebtedness…
This article has been written by Ms. Aarsha Prem, a 5th year LL.B. student from CLS GIBS college. Introduction Companies merge with one another to reap economies of scale and other advantages. The merger process and its conclusion have an impact on the company’s stakeholders. Employee’s are an essential stakeholder of the company having significant…
This article has been written by Ms.Taranjot Kaur, a 1st year law student of Panjab University, Chandigarh. Introduction Section 2(30) of the Companies Act, 1956, provides that officer includes any director, manager, secretary or any person in accordance with whose directions or instructions the Board of directors or any one or more of the director…
This article has been written by Mr. Aditya Raj Pandey, a 2nd Year BA LLB student from Symbiosis Law School, Hyderabad INTRODUCTION Today, with the rapid development and modernization around the world, the malpractices increased a lot in order to gain more and more profits & income and hence to develop more. Now, it…
Ms. TEENA KAPOOR a 3rd year law student from Gitarattan International Business School college CRIMINAL LIABLITY FOR MISSTATMENT OF PROSPECTUS INTRODUCTION A prospectus is a document that contains information that the public can use to subscribe to or purchase securities of a company. Inclusion of inaccuracies could have serious consequences. Any false or misleading statements…
This article has been written by Ms. Aarsha Prem, a 5th year LL.B. student from CLS GIBS college. What is an Associate company? Associate Company According to Section 2(6) of the Companies Amendment, 2017, an associate company is a business in which another business has a Substantial Impact but is not a subsidiary of the…
This article has been written by Mr B.C ARYAN , a 4th year BA.LLB ( HONS ) Student from Symbiosis Law School , Pune Introduction Business laws are a set of rules and regulations that govern the conduct of businesses and organizations. These laws are designed to protect the interests of consumers, employees, and investors,…
This article has been written by Anlyn E S a student of Government Law College, Thrissur The share of profit which falls to each member of the company is known is Dividend. Dividend is the share of company’s profit distributed among the members. [Barjor Hoshangi Vakil v. Mettur Chemical & Industrial Corpn. Ltd (1963)].…
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