Meaning of the term ‘Manager’ Section 2(53) of the 2013 Act was explained the roles and responsibilities of the manager and it is reproduce section 2(24)of the(old)Companies Act, 1956.Three conditions are to be satisfied before a person may become a Read More
Voting Rights of Shareholders – Business Registration
Voting Rights of Preference Shareholders Voting rights of preference shareholders have been summed up as follows: Preference shares may be cumulative or non-cumulative. The holders of preference shares have voting right on any resolution of the Company which is directly Read More
Promoters Contribution of a company – Business Registration
Chapter 3 Part 3 of the SEBI(ICDR) Regulations,2009 and specifically 32,33 and 34 of the said regulations provide for promoters contribution.The said provisions are explained below discussion. Minimum Promoters Contribution – Public issue The promoters of the issuer shall contribute Read More