Month: November 2022

  • Arrest by Police Officer

    Arrest by Police Officer

    a) What are the powers of the Police to arrest a person? What are the rights of an arrested person? According to Section 273 of the Code of Criminal Procedure, 1973 evidence of the trial and other proceedings shall be taken in the presence of the accused. In order to follow the said procedure, the…

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  • Chapter 4 to 15 CrPC (2 M Questions)

    Chapter 4 to 15 CrPC (2 M Questions)

    a) Explain: Powers of โ€˜Superior Police Officersโ€™. According to Section 36 of the Code of Criminal Procedure, 1973 police officers superior in rank to an officer in charge of a police station may exercise the same powers, throughout the local area to which they are appointed, as may be exercised by such officer within the…

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  • Interpretation Clause CrPC (Short Notes)

    Interpretation Clause CrPC (Short Notes)

    Law and You >Procedural Laws > CrPC > Interpretation Clause CrPC (Short Notes) In this article we shall understand some fundamental terms and concepts of CrPC viz: bailable offence, non bailable offence, complaint, investigation, inquiry, and trial. a) Bailable Offence: According to Section 2(n) The Code of Criminal Procedure, 1973 โ€˜offenceโ€™ means any act or omission…

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  • Interpretation Clause CrPC (2 M Questions)

    Interpretation Clause CrPC (2 M Questions)

    Law and You >Procedural Laws > CrPC > Interpretation Clause CrPC (2 M Questions) a) What is bailable offence? According to Section 2(a) of the Code of Criminal Procedure, 1973 โ€˜bailable offenceโ€™ means an offence which is shown as bailable in the First Schedule of the Code, or which is made bailable by any other…

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  • Duplicate Share Certificate

    Duplicate Share Certificate

    A share certificate is a certificate issued by the company under its common seal specifying the shares held by any member and the amount paid on each Share. A share certificate is evidence of title of the allottee or transferee to the shares. It is a declaration that the person in whose name the certificate…

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  • Issue of Shares at Premium/Discount

    Issue of Shares at Premium/Discount

    Section 2(84) of the Companies Act 2013, defines โ€œSharesโ€ as, โ€œShareโ€ means a share in the share capital of a company including stocks. Investors invest in shares because it can give huge profits to them unlike the fixed rate of return on debentures. There are various ways or prices at which a company issues its…

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  • Brief Concepts Companies Act, 2013 (Shares)

    Brief Concepts Companies Act, 2013 (Shares)

    In this article, we shall study important concepts associated with shares under the companies Act, 2013 like: Shares, Stocks, Share certificate, Allotment of shares, Share transfer, Forfeiture of shares, Surrender of shares. Select Sub-Topic a) Shares: When a company issue a prospectus inviting the public to subscribe for the shares of a company, it is…

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  • FAQs Companies Act, 2013 (Promoters)

    FAQs Companies Act, 2013 (Promoters)

    This article covers frequently asked questions based on promoter, functions of promoter, duties of promoter, liabilities of promoter, etc. a) Who is a Promoter? According to Section 2 (69) of the Companies Act, 2013โ€œPromoterโ€ means a personโ€”(a) who has been named as such in a prospectus or is identified by the company in the annual…

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  • Transmission and Nomination of Shares

    Transmission and Nomination of Shares

    One of the most important characteristics of a company is that its shares are transferable. Section 44 of the Companies Act, 2013 states that the shares or debentures or other interest of any member in a company shall be movable property, transferable in the manner provided by the articles of the company. Transfer of shares…

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  • Forfeiture and Surrender of Shares

    Forfeiture and Surrender of Shares

    Once the minimum subscription has been reached, the shares can be allotted. Letters of Allotment are sent to those who have been allotted their shares. This results in a valid contract between the company and the applicant, who will now be a part owner of the company. If any applications were rejected, letters of regret are sent…

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