Category: Companies Act
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Alteration of Articles of Association
Law and You > Corporate Laws > Companies Act, 2013 > Alteration of Articles of Association Under Section 14 of the Companies Act, 2013, by a special resolution a company has powers to alter its articles to suit its requirements from time to time, subject to (a) the provisions of the Act, and (b) the…
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Binding Force of Articles of Association
Law and You > Corporate Laws > Companies Act, 2013 > Binding Force of Articles of Association In this article, we shall discuss the binding force of articles of association between company and member and amongst members. Section 10 of the Companies Act, 2013 provides for the binding force of articles of association between company…
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Introduction to Articles of Association
Law and You > Corporate Laws > Companies Act, 2013 > Introduction to Articles of Association The Companies Act, 2013 defines ‘articles’ as the “articles of association of a company originally framed, or as altered from time to time in pursuance of any previous company laws or of the present.” The second document which must…
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Concept Application: Memorandum of Association
Law and You > Corporate Laws > Companies Act, 2013 > Concept Application: Memorandum of Association In this article, we shall see some frequently asked questions on memorandum of association (MOA). 1.What is meant by ‘Memorandum of a Company’? According to Section 2(56) of the Companies Act 2013, the “Memorandum” refers to the memorandum of the company…
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Liability, Capital, and Subscription Clauses
Law and You > Corporate Laws > Companies Act, 2013 > Liability, Capital, and Subscription Clauses In last three article we studied the name clause, situation clause, and object clause. In thi article, we shall study remaining three clauses, namely: liability clause, capital clause, and sunscription clause. Liability Clause [S. 4(1)(d)]: The fourth clause of…
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Memorandum of Association: Object Clause
Law and You > Corporate Laws > Companies Act, 2013 > Object Clause of Memorandum of Association Under Section 4 of the Company Act, 2013, the memorandum of association of the company must contain the objects of the company for which it is incorporated and all matters considered necessary in furtherance thereof. These objects are…
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Memorandum of Association: Registered Office Clause
Law and You > Corporate Laws > Companies Act, 2013 > Registered Office Clause of Memorandum of Association Memorandum of Association is a document of prime importance for a company. The Memorandum of Association or MOA of a company defines the objectives, extent of authority, competency, liabilities and legal rights of the company. The second…
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Name Clause of Memorandum of Association
Law and You > Corporate Laws > Companies Act, 2013 > Name Clause of Memorandum of Association According to Section 2(56) of the Companies Act 2013, the “Memorandum” refers to the memorandum of the company as drawn up initially during the formation of the company or as changed periodically to carry out any action as per any…
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Memorandum of Association
Law and You > Corporate Laws > Companies Act, 2013 > Memorandum of Association A Memorandum of Association (MOA) is a legal document required during the incorporation process of a company. It serves as a foundational document that outlines the company’s relationship with the outside world and defines its scope of operations. The MOA is…
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Classification of Companies
Law and You > Corporate Laws > Companies Act, 2013 > Classification of Companies List of Sub-Topics: A company is a legal business entity formed by one or more individuals to engage in commercial, industrial, or professional activities. It is created to produce goods or services, earn profits, and contribute to economic growth. A company…