This article is written by S. Rajathi of Satyabhama Institute of Science & Technology, an intern under Legal Vidhiya Abstract : This paper contain the comparative analysis of association of the companies act of 2013. The principle of a memorandum of association and doctrine of ultra vires will be explained Read more
This article is written by Prithika Vajpeyi, University School of Law and Legal Studies, GGSIPU, an intern under Legal Vidhiya. Abstract: Promotion is the first stage in the formation of a company. People who help complete the formalities for the formation of a company are called its promoters. In this Read more
This article is written by Anupriya C. an intern under Legal Vidhiya. Introduction “Money has never changed anyone. It just magnifies who they are”[1] In the corporate industry the give-and-take interrelation of loans and guarantees simply can be understood with inter-Corporate loans[2]. This type of loan is a non-traditional channel Read more
This article is written by Sanskriti Sharma, an intern under Legal Vihdiya Introduction Profit is the undisputed purpose of any firm or corporate group in a free economic market. A company, however, cannot function efficiently with just its employees. It requires the assistance and patronage of a group of individuals Read more
This article is written by Jyoti Yadav of Army Institute of Law, an intern in Legal Vidhiya. ABSTRACT “If ‘capital’ is the strength of a company then ‘prospectus’ is the manifestation to provide for that strength.” In today’s world in order to succeed or to build and to maintain its Read more
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
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
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