Introduction A public limited company is a business organisation which is said to be a separate legal entity from its owners. A public limited company is owned and also formed by the shareholders. Its shares are traded and listed at the stock exchange market freely. The stocks of the company can be taken or acquired…
Introduction A nominee is a very important part of a one person company. In order to get a one person company registered, a sole director must designate a nominee for the respective company. As there is only one director of one person company, the nominated or designated will become the member of the company if…
Nowadays, Merger and Acquisition is the pathway businesses choose to reach exponential heights and continue to engender attention. The Indian Merger and Acquisition sector works in a similar fashion and has observed various large M&A deals in the past few years in the banking, insurance, and telecom sectors. Hence, over a period, M&A has become…
A memorandum of association is the charter of a company. Memorandum is the legal document of the company and is prepared during the registration process of the company. The memorandum of the company defines the scope of the business activities and also the information about the shareholdings of the companies. The memorandum of association defines…
Corporate Law is a study of legal and external affair matters, Mergers and Acquisitions (M&A) and how shareholders, stakeholders, consumers and other parties involved in transaction interact with each other internally through corporate governance and externally through commercial transaction. In India, under the Companies Act 1956, which was the very first enacted post independence to…
Companies are divided into many types. Some of them are as follows:- Statutory Companies A statutory company is a company which is created by a special Act or provision of Parliament or State Legislature. The main intention of creating these types of companies is to provide public services. Some of the examples of statutory companies…
Since the commencement of the Companies Act in the year 1956, there have been many amendments in the Act, out of which major amendments are of the year 2000, 2011, 2013, 2015 and 2017. The Companies (Amendment) Act, 2000 The Companies (Amendment) Act, 2000 came into force on 13th of December, 2000 and is the…
INTRODUCTION: When a person incorporates a company, the Memorandum and Articles of Association are the legal documents that must be created. A company’s connection with outsiders is defined by its Memorandum of Association. It also includes the names of all shareholders, the number of shares they own in the company, and the address of the…
Joint Venture V/S Partnership Joint ventures and Partnerships are typical legal arrangements used by business owners to pool their resources, abilities, and skills with those of another person or company. To make it easy, let’s say Joint Venture is when two or more persons do business together. Here comes the question that isn’t this the…
Corporate Insolvency can be defined as the company’s inability to pay debts to the suppliers and creditors. There are different forms of creditors for a company such as commercial banks, financial institutions, NBFCs. Beside that supplier of raw materials and finished goods can also be considered as creditors to the firm. The definition of insolvency…
