Introduction: A company or a corporation, by law, is defined as a legally established entity that consents a group of individuals to apply for the formation of an autonomous and independent organization, to the government, which would then seek to achieve specific goals and targets and also be granted legal Read more…
Introduction: A pre-incorporation contract is basically an agreement that is thru by an individual at the directive of a corporation that does not exist at the stint of signing such agreement. These agreements are entered into as there are primary contracts and expenses suffered before an association takes form. An Read more…
Introduction: When we mention a corporation, the terms stockholders and members are normally used as synonyms, along with will become a member of the corporate, except by manner of holding shares. throughout this way, a member could also be a shareholder and a shareholder may be a member. The statement Read more…
Introduction: The capital of a company is divided into a finite number of small equal units. These units are shares. The share denotes the percentage of ownership in a company. When you buy a share in a company you are entitled and responsible for that portion of the share i.e., Read more…
Introduction: A public company, in simple terms, refers to any company which has given the opportunity to the general public for a claim to ownership via open distribution of shares and stocks. Various investors start to purchase those shares, and the moment the process of buying and selling commences, those Read more…
Introduction: Each company has a Memorandum of Association of Company, which is the company’s constitution. The memorandum defines the company’s objectives, powers, and areas of operation, each internal and external. The memorandum is an overview and a guide that the executives of the corporate will follow to make sure of Read more…
Introduction: A company is a separate legal entity but what makes it an entity is its members only. Members are the people who provide a separate entity to the company for the time being. In the case of an Unlimited Company, members are the people who are liable towards the Read more…
Introduction: The securities market is a section of the financial market, where securities transactions have been conducted. As with any other financial market, the securities market is prone to scams, fraud and illegal activities. The Indian securities market involves millions of active investors, who are investing and making money through Read more…
Introduction: The term “share” [as defined in Section 2(84) of the Company Act, 2013] refers to the company’s share capital, which comprises stock. Security is a term used to describe shares. Section 2(80) of the Securities Contracts Act, 1956, relates to the meaning of securities as specified in clause (h) Read more…
Introduction: The term ‘capital’ has a variety of connotations. To an economist, it will mean one thing, to an accountant, and to a businessman or lawyer, it will mean something else. The amount invested in a firm is referred to as capital in accounting. It can refer to a variety Read more…
Introduction: The ability to transfer a company’s shares is a significant feature. Shares and debentures are both examples of movable property. They are transferable in accordance with the business’s articles, particularly the shares of any member of a public corporation. Any contract or arrangement between two or more people can Read more…
Introduction: Section 68 read with Section 77A of the Companies Act, 2013 implies that a private, public or unlisted company that is limited by shares or one limited by guarantee and possessing share capital, can buy its securities. A company is empowered by Section 77A of the Companies Act to Read more…