Company Law

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

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…

Article of Association

ARTICLES OF ASSOCIATION NATURE OF ARTICLES According to Section 2(5) of the Companies Act, 2013, ‘articles’ means the articles of association of a company as originally framed or as altered from ti…

Promoter – Meaning, duty and liability

Introduction and Definition of Promoter A promoter is a person who brings about the incorporation and organization of a corporation. He brings together the persons who become interested in the ente…

Allotment of shares

Introduction Offers for shares are made on application forms supplied by the company. When an application is accepted, it is an allotment. A valid allotment has to comply with the requirements of t…