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Articles by Member (Account Deleted)

Understanding Section 265

Posted by Member (Account Deleted) 28 September 2009 40536 Views

Understanding the Section 265 of the company act in the practical manner:First of all, we check that what the section 265 says:Section 265 : Option to company to adopt proportional representation for the appointment of directors Notwithstanding any

Right Issue Option U/S 81 of the Companies Act

Posted by Member (Account Deleted) 26 September 2009 17768 Views

It is well known that, the Right Issue option i not avilable to the Private Company. Let us understand the logic behind that. The Roots of Right Issue came from the ancient tradition: In Earlier times Businessmen reward to their Customers for their L

Understanding the Section 297 of the Company Act

Posted by Member (Account Deleted) 26 September 2009 12731 Views

Let Us understand the Market Price Concept of Section 297 of the company Act.: Section 297: BOARD'S SANCTION TO BE REQUIRED FOR CERTAIN CONTRACTS IN WHICH PARTICULAR DIRECTORS ARE INTERESTED. (1) Except with the consent of the Board of directors of