Category: Companies Act
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Liability of a Company: Limited or Unlimited
Law and You > Corporate Laws > Companies Act, 2013 > Liability of a Company: Limited or Unlimited According to Section 2(20) of the Companies Act, 2013, ‘company’ means a company incorporated under the Act, or under the previous company law”. A company may be an incorporated company or a Corporation, or an unincorporated company.…
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Small Company
Law and You > Corporate Laws > Companies Act, 2013 > Small Company Under the Companies Act, 2013, a Small Company is a specific type of private company that meets certain criteria based on its paid-up capital and turnover. The concept of a small company was introduced to reduce the compliance burden on small businesses…
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Contents of Prospectus
Law and You > Corporate Laws > Companies Act, 2013 > Contents of Prospectus In this article, we shall discuss the requirements and contents of prospectus Under the Companies Act, 2013. Requirements Under Section 26 (1)(a) Prospectus should contain Requirements Under Section 26 (1)(b) The prospectus should contain: Requirements Under Section 26 (1)(c): Other Requirements:…
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Types of Prospectus
Law and You > Corporate Laws > Companies Act, 2013 > Types of Prospectus Under the Companies Act, 2013, a prospectus is a formal document issued by a company that offers securities (such as shares or debentures) to the public. The prospectus is a key element of the process of raising capital and ensures that…
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Prospectus under Companies Act, 2013
Law and You > Corporate Laws > Companies Act, 2013 > Prospectus under Companies Act 2013 Under the Companies Act, 2013, a prospectus is a formal document issued by a company that offers securities (such as shares or debentures) to the public. The prospectus is a key element of the process of raising capital and…
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Pre-incorporation Contracts
Law and You > Corporate Laws > Companies Act, 2013 > Pre-incorporation Contracts Since the general principle goes that no contract is there if one of the parties to the contract is not in existence at the time of entering into the contract, before incorporation company do no has any legal existence, and if the…
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Registrar of Companies
Law and You > Corporate Laws > Companies Act, 2013 > Registrar of Companies The Registrar of Companies (ROC) as defined under Sub-Section 75 of Section 2 of the Companies Act, 2013, is an appointment of the Ministry of Corporate Affairs which is responsible for the regulation of Indian enterprises in Industrial and Services Sector. …
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The Doctrine of Indoor Management
Law and You > Corporate Laws > Companies Act, 2013 > The Doctrine of Indoor Management The doctrine of constructive notice is very convenient and expedient for company management. It allows the company respite from explaining to each person separately their rules and regulations. This is a huge presumption in favour of the company and…
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The Doctrine of Constructive Notice
Law and You > Corporate Laws > Companies Act, 2013 > The Doctrine of Constructive Notice The memorandum of association and articles of association are the two most important documents needed for registration and incorporation of a company. The memorandum of association of a company contains the fundamental conditions upon which alone the company has…
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The Doctrine of Ultra Vires
Law and You > Corporate Laws > Companies Act, 2013 > The Doctrine of Ultra Vires Anything which is beyond the authority or power is called ultra-vires. Since the application of the European Community Law in England, the doctrine of ultra vires stands restricted to a certain extent In India, the original of the doctrine dates…