Corporate Law Articles
CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL
CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL In today's tech and knowledge era there is no dearth of capital, ideas and all. The real difficulty a tech guy faces is if he starts a company would he be able to control the company. Most of the
COMPANY LAW AT A GLANCE
The Companies Act, 1956 is a law enacted by the Indian Parliament to regulate Incorporation, regulation and winding up of trading corporations, including banking, insurance and financial corporations, but not including co-operative societies.
COMPANY LAW FOR THE AVERAGE PERSON
COMPANY LAW FOR THE AVERAGE PERSON The PurposeI have been in practice of company law for almost two decades and have gathered the working and practical knowledge of the same over this period. I want to share it in a series of articles. I want to expl
Procedure_appointment of auditors at AGM
Checklist for Appointment of Statutory Auditors’ in the New Scenario Step What to do Deadline 1. Send notice of Annual General Meeting along with Ann
LIMITED LIABILITY PARTNERHSIPS
LIMITED LIABILITY PARTNERHSIP – THE NEW FORM OF ORGNISATION BY CA SUDHIR HALAKHANDI- sudhir@halakhandi.com In the traditional form of partnerships there are two major characteristics which are major hurdles for forming these type of p
What is a Hostile Takeover?
Hostile TakeoverThis article has been published in ‘Sanhita’ - a corporate issues magazine - by the Pune Chapter of The Institute of Company Secretaries of India (ICSI) in July 2008 What is meant by Hostile Takeover? Hostile Takeover is a
DIVIDEND
DIVIDEND The term “Dividend” has been inclusively defined in the Companies Act, 1956, to the effect that it includes Interim Dividend. The Act neither specifically defines the term Dividend nor makes any distinction between interim
Govt. Company Vs. Corporation
Govt. Company Vs. Govt. CorporationGenerally people think there is no difference in Govt. Company and Govt. Corporation. They generally use these words interchangeably while this is not the case. As per Section 617 of the Companies Act, 1956, Govt.
Audit Committee
The provision of Sec 292A of the Companies Act, 1956 regarding the constitution and functioning of an audit committee:1. Every public co having paid up capital of not less than 5 crores of rupees shall constitute a committee of the Board known as &qu
Enjoyment and Exemptions To Private Limiteds in INDIA
Exemptions To Private Limited Companies 1) Financial assistance can be given for the purchase of or subscribing for its own shares or shares in its holding company - Sec. 77 (2). 2) Further shares can be issued without passing a special resoluti
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