by Administrator | Mar 25, 2016 | Corporate Law, Legal FAQs
What is the specialty of a Private Limited Company according to the Companies Act, 1956? Section 3 (1) (iii) of the Companies Act, 1956 defines what is a private company. According to the said section, a company which has a minimum paid up capital of about one lakh...
by Administrator | Mar 25, 2016 | Corporate Law, Legal FAQs
I am holding shares in a private company. There are only two shareholders including me. Out of this, one shareholder died. Can I continue the working of the company? What is the effect a company on death of one of its members? One of the benefits of the incorporation...
by Administrator | Mar 24, 2016 | Bare Acts Reviews, Corporate Law, Law Reviews
An Act being one of Central Government was enacted with the name and short title as ‘the British India Corporation Limited (Acquisition of Shares) Act, 1981’ (Act no. 29 of 1981). The purpose and object is to make provisions as to acquiring certain shares of the...
by Administrator | Mar 24, 2016 | Bare Acts Reviews, Corporate Law, Law Reviews
An Act of Central Government being the Britannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertakings) Act, 1978 (Act no. 41 of 1978), was enacted with the purpose and object to...
by Administrator | Mar 21, 2016 | Corporate Law, Legal FAQs
Is there any problem if the company is not registered? An incorporated company under the law is a distinct entity and vested with corporate personality, which would be absent in the case of the companies not registered under the law. If the company is not registered,...
by Administrator | Mar 21, 2016 | Corporate Law, Legal FAQs
I am starting a new company along with my friends. What is the effect in a situation where the members are below the minimum requirement according to law? Section 3 of the Companies Act, 2013 specifies that the minimum number of members to form a public company is...
