A director is someone elected or appointed to manage a company’s business and affairs. A director of a company is neither an employee nor a servant of the company. They are professional people hired by the company to direct its affairs. Team of directors of the company is collectively known Read more…
INTRODUCTION The United Nations Industrial Development Organization (UNIDO) defines Corporate Social Responsibility (CSR) as “a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.” CSR is generally understood as being the way through which a company achieves a balance of economic, Read more…
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…
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…
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…