Articles by Member (Account Deleted)

Understanding Section 265

Member (Account Deleted) 28 September 2009 at 12:00

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

Posted in Corporate Law | 15 comments | 40332 Views

Right Issue Option U/S 81 of the Companies Act

Member (Account Deleted) 26 September 2009 at 11:22

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

Posted in Corporate Law | 17613 Views

Understanding the Section 297 of the Company Act

Member (Account Deleted) 26 September 2009 at 11:22

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

Posted in Corporate Law | 2 comments | 12540 Views