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…
This 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…
This 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…
This 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…
This 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…
Introduction Securities are money-raising financial instruments. The main purpose of the securities markets is to facilitate the transfer of capital from those who possess it to those who need it. The securities market aids in the movement of resources from those who have idle resources to those who require them for productive purposes. e.g., a stock,…
Introduction Civil courts have the authority to try every suit which is of civil nature excluding those suits the cognizance of which is either impliedly or expressly barred. The Code of Civil Procedure, 1908 guides the working of the Civil Courts in India. Civil courts have jurisdiction in the matters of company law but then…
INTRODUCTION To start with introduction we will first know about some keywords and their explanation and differences. CATEGORIES OF SHARE CAPITAL:- 1)Called up Capital:-Called up Capital is the part of issued capital which has been called by the company for subscription. Thus, the amount of share capital which the shareholders are in an obligation to…
Introduction Company law lays the basis of commercial guidelines by managing entry of corporate beings into the marketplace, regulating their procedures, carrying out accountability to their shareholders and passing corporate governance rules. There was a noteworthy change in the Indian corporate governance context in the previous few years. The Companies Act 2013, and numerous reforms…
A share certificate is a written document issued by a company to act as legal proof of ownership of the number of shares as specified in the certificate. It can also act as a receipt towards the purchase and ownership of shares of a company. In simple words, it certifies the shareholder with registered ownership…
