INTRODUCTIONUnderstanding Red Herring prospectus necessitates first understanding the definition of prospectus. A “prospectus” is defined in Section 2(70)[3] of the Companies Act, 2013 as follows:“Prospectus” means any document described or issued as a prospectus, including a red herring prospectus referred to in section 32 or a shelf prospectus referred to in section 31, as well…
Introduction The Companies Act, 2013 passed by the parliament has received the assent of the president of India on 29th August 2013.This Act was amended and the law was passed relating to companies. The Companies act, 2013 has been notified in the Gazette in 2013. Some of the other provisions has been passed and published…
Meaning and Definition: The doctrine of ‘vicarious liability is generally termed as ‘liability for the acts of others. Vicarious is derived from the Latin term ‘vice’ i.e., in the place of. By this phrase, we mean the liability of a person for the tort of another in which he had no part. It may arise under…
Depositories act, 1996 were introduced to overcome the challenges. Before knowing the depositories act act, 1996. We need to understand the growth of capital market, India seems the rapid growth in it, in the 21st century. In this existing system there was paper based work and issues like delays in transfers, settlements periods that were…
Introduction Capital markets plays an vital role in the economy. This is the main financial security to the country. Capital market is the backbone of the country’s economy. Heart of economic growth is in the capital market. How the regulation of capital market was done I.e. mainly responsible for the development of industrial and commercial…
MEANING OF INTELLECTUAL PROPERTY Intellectual property rights are an exclusive right given to the creator over the use of his/her creation. Intellectual property rights are associated with intangible assets owned by a person or company and protected against use without consent. Intellectual property can consist of Patents, Industrial design, Logos, Trademarks, Business or trade names,…
MEANING The consumer buying process or consumer decision making process is the process by which consumers evaluate and identify their needs; analyse to solve these needs and collect information; evaluate alternatives available options and make a purchasing decision and lastly evaluate their purchasing decision post purchase. For example: when we are buying a car, we…
MEANING OF MAXIMUM RETAIL PRICE Maximum Retail Price (MRP) is the highest possible price fixed by the manufacturer that can be charged for a product from a customer. Retailers may choose to sell products at the MRP or for less than the MRP. Under the Consumer Goods (mandatory printing of cost of production and maximum…
Introduction to Merchant Banking Merchant banking is a professional service provided by the merchant banks to their customers considering their financial needs, for adequate consideration in the form of fee. Merchant banks are banks that conduct fundraising, financial advising and loan services to large corporations. These banks are experts in international trade, which makes them…
Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work as intermediaries between the issuer company and investors who bid for IPO stocks. Investors submit their bids via Syndicate Members appointed by the issuer company. They are…
