Company Law

MAJORITY POWERS AND MINORITY RIGHTS

INTRODUCTION In the corporate world, all democratic decisions and management of a company are made with the majority rule which is deemed to be fair and justified. Majority power has great importan…

Prevention of Oppression and Mismanagement

In the Companies Act, 2013 Chapter XVI deals with the topic of “Prevention of oppression and mismanagement”. Oppression is the exercising of authority or power in a burdensome, merciless, or unjust…

Winding Up

Introduction: ‘Winding up’ of a company is the process of closing or finishing up of a company. Under this process, the company ceases to carry on its business. The management of its affairs is tak…

Inspection, Inquiry and Investigation

INTRODUCTION Inspection, Inquiry and Investigation falls as the XIVth Chapter of the Companies Act, 2013. From Section 206 to Section 229, the details of Inspection, Inquiry and Investigations are …

Incorporation of a Private Limited Company

Incorporation of A Private limited Company (Other than One Person Company) Section 2 (68) states that a private company means a company having a minimum paid up share capital as may be prescribed, …

Introduction – Company Law

INTRODUCTION The concept of ‘Company’ or ‘Corporation’ in business is not new, but was dealt with, in 4th century BC itself during ‘Arthashastra’ days. Its’ shape got revamped over a period of time…

Amendments in Company Law

The Companies Act 2013 passed by the Parliament received the assent of the President of India on 29th August 2013. The Act consolidates and amends the law relating to companies. The Companies Act 2…

Types of Company

INTRODUCTION The Companies Act, 2013 provides for the kinds of companies that can be promoted and registered under the Act. The three basic types of companies which may be registered under the Act …

MEMORANDUM OF ASSOCIATION

MEMORANDUM OF ASSOCIATION The Memorandum of Association is a document which sets out the constitution of a company and is therefore the foundation on which the structure of the company is built. It…

Incorporation of A Public limited Company

Incorporation of A Public limited Company – Companies Act 2013 Section 2 (71) states that a public company means a company which: is not a private company; has a minimum paid-up share capital…