Role of business laws and corporate governance in Business Development

This composition has been written by Pratham Singla, a 1st year BBA.LLB student from Manipal University Jaipur. Introduction  Business laws and corporate governance play a crucial role in the development of businesses. Business laws are a set of rules and regulations that govern how businesses operate, while corporate governance is the system by which companies…

 Power of Limited Companies to alter its Share Capital

            What is Alteration of Share Capital? According to Section 2(3) of the Companies Act 2013, “alter” or “alteration” includes the making of additions, omissions and substitutions”. When a company’s existing share capital has to changed, then the Alteration of share capital happens. It must be authorized by the Articles of Association. As the shares…

Application of Companies Act in India

Angela Kathuria  3rd year law student from Gitarattan International Business School college INTRODUCTION  Though Section 1( 4) of the Companies Act is concerned with the conditions relating to the operation of Company law to colorful sectors, some aspects relating to fiscal statements, loans and investments, deposit acceptance, and so on don’t apply to certain sectors because they’re governed by the principle legislation that governs them. The Companies Act, 2013 countries in Section 1( 4) that the vittles of the Act relate to- pots formed under such an Act or any antedating company law;Insurance companies, except to the extent that the below vittles conflict with the Insurance Act, 1938 or the Insurance Regulatory and…