Raising of funds by issue of debentures or bonds is also a source of long-term capital for a company like share capital. Persons who subscribed to the shares of a company are its owners while debenture holders are its creditors. Shares and debentures are however, securities and the provisions of the companies act 1956 regulate their issue and protect the […]
Continue reading »Section 58A of the companies Act 1956, was introduced for the first time by the amendment act, 1974, by which the central government was given power to prescribe the limits. The conditions subject to which deposits may be accepted by a company from the public or from its members. Applicability These rules apply to inviting and accepting deposits by non-financial […]
Continue reading »Registration of Articles In terms of section 26 of the act, it is mandatory also to produce to the registrar, at the time of company registration, the articles of association, in the case of : Private Limited company by shares Company limited by guarantee, public or private limited Unlimited company, public or private limited Articles of a Public Company In […]
Continue reading »Satisfaction of a charge signifies that the charge holder releases the charge on the property. A property charged in favor of any person can never be freed from the charge unless the charge holder releases the same. When a charge on a property is created by a company for the due repayment of the certain accounts secured by the charge. […]
Continue reading »The Incorporation of Certificate On the registration of a directive of a company, the officer shall certify under his hand that the company is incorporated,and in the instance of a limited company, that the company is limited in the companies act 1956 under the section 34. It is indirect that a directive will be registered only when the other basic […]
Continue reading »In the registered trademark uses, no application for the trademark registration in view of any goods or services shall be refused nor shall patent, for such registration. The trademark is registered of which regard all of the goods or services in the plan of section 49, the registered trademark holder than a new person. The Trademark Registration and Transmissions […]
Continue reading »The companies act 1956 provides a company is to register and formed an current company under this Act. A company is separate and specific from its representatives or a company is not the sum total of its members. A company registration must follow with the rules required under the companies act 1956 is registered. The company registration is also maintained […]
Continue reading »The joint venture holding company will be permitted to handle the position. A pre qualified company or joint venture corporation may during the successive incorporation company or pre-qualified company subject to the approval of the government.The joint venture connects two or other companies joining together in one business. But a partnership has two or more people to maintain a business. […]
Continue reading »The one person company is managed by a single person to run a company limited by shares, the Companies Act, 2013 under Sub- Section 62 of the Section 2 process a company which run by one person. The Section 3 divides one person company as a Private Company for the complete legal functions with only one member.The one person company […]
Continue reading »The company registration under the act, the second defendant is obviously a person of the figure the undertaking having vested in it by force of section 7 of the act. The various provisions to which we thought was drawn an amplification of which is not called for intensified this fact that the second respondent is not a simple company, but […]
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