An Analysis of The Scope and Flexibility of The Object Clause of MOA of A Company and Its Implications on The Company
In the company the Memorandum of Association sets the rules related to the company which the provide the scope of the activities of the company. It has the rights, privileges and power of the company. This is basically the constitution of the company. Providing this the object clause of the company states the scope of … Continue reading An Analysis of The Scope and Flexibility of The Object Clause of MOA of A Company and Its Implications on The Company
Read more »Buybacks and Company Legislation
INTRODUCTION Buybacks is a process or a mechanism where the company approaches the shareholders to buyback or repurchase the shares they hold of the existing company.[1] Buyback is a good way to do capital restructuring. It is a strategic corporate tool regulated under Companies Act, 2013 and Income Tax Act, 1961 which is used for … Continue reading Buybacks and Company Legislation
Read more »Analysis Of Section 179 Of The Companies Act, 2013
INTRODUCTION The Companies Act regulates the formation of the company. The Companies Act, 2013 consolidates and amends the law relating to the company.[1] This act is the result of the Companies (Amendment) Bill 2019 which Lok Sabha passed. This act has 470 sections and 7 schedules. It applies to all over India. The First Companies … Continue reading Analysis Of Section 179 Of The Companies Act, 2013
Read more »Corporate Criminal Liability & Its Implications
Introduction Corporate criminal liability (CCL) refers to the commission of a crime by either a person or a group of persons who, in the pursuit of a shared objective or for the aim of financial gain in the context of their professional activities, engage in actions or omissions that are prohibited by the law. These … Continue reading Corporate Criminal Liability & Its Implications
Read more »Business Judgment Rule:Navigating Jurisprudential Diversity
Introduction The Business Judgment Rule (hereinafter, BJR) finds its historical roots in corporate law of United States of America (hereinafter, USA), with its earliest mention in the Louisiana Supreme Court’s judgment in Percy v. Millaudon.[1] It initially established that directors, as long as they fulfilled their duties diligently and acted in good faith, would not … Continue reading Business Judgment Rule:Navigating Jurisprudential Diversity
Read more »Legal Requirements for Company Formation under the Companies Act 2013
Introduction The Companies Act, 2013 has been replaced the old Companies Act,1956[1] with 470 sections and 29 chapters.This research paper is on the topic “legal requirements for company formation under the companies Act, 2013. So, the major part of this paper will be on analysing the chapter II of the act with major focus on … Continue reading Legal Requirements for Company Formation under the Companies Act 2013
Read more »Buy Back of Securities under the Companies Act, 2013
Introduction Ever since the inception of the Corporate form of business, the world has seen a rapid proliferation of companies. The various advantages that result from choosing the company form of business over sole proprietorship, partnership or LLP are a significant reason why we see so many companies around us in the present day. The … Continue reading Buy Back of Securities under the Companies Act, 2013
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