Share Capital and Nature of share capital The term capital is referred as the amount needed by a business to start its operation. In the case of company capital is denoted as the amount of money raised by issue of shares. Being an artificial person company cannot generate money at Read more…
Differences between A Company and A Partnership A company is a artificial legal person created by law, with Perpetual succession and a common seal. Whereas partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting Read more…
The term company, as per the Companies Act, 2013, under section 2(20), is defined as “a company incorporated under the Companies Act 2013 or any previous company law.” A company is artificial person, in that since it is created by a process of law not by natural birth and it Read more…
Company can be defined as a group of people associated together for the purpose of carrying business with a motive of earning profit.The word ‘company’ is derived from the Latin word “Com” which means ‘With or together’ and Panis means ‘Bread’ and it was originally referred to an group of Read more…
Salomon v. Salomon & Co. Ltd (1897) A.C.22 The principle of separate legal entity was explained and emphasized in the famous case of Salomon v. Salomon & Co. Ltd. Fact of the case Salomon was a leather merchant, he was sole proprietor of his business. In 1892, he decided to Read more…
Conversion of a private company into a public company. A Public company under the company act 2013 can offer its share to general public for subscription. In order to become a public company, the company need to offer its share to general public through IPO. As per section 2(71), Companies Read more…
A Public Company under the company act 2013 can offer its share to general public for subscription. In order to become a public company, the company need to offer its share to general public through IPO.As per section 2(71), Companies act (amendment) Act 2015, a public company means a company Read more…
A public company under the company act 2013 can offer its share to general public for subscription. In order to become a public company, the company need to offer its share to general public through IPO.As per section 2(71), Companies act (amendment) Act 2015, a public company means a company Read more…
During the harsh times of Covid-19 when the world was at halt and the cases were rising at an all-time high around 3 to 4 lakh per day many reputed journals had published that in upcoming time India will face a spike of 15 lakhs cases daily. In such a Read more…