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
Analysis of Relevant Provisions of Companies Act,1956 – Business Registration
Section 13 of Companies Act,1956 Section 3 of the Companies Act corresponds to section 13 of the 1956 Act and to the extend that both the provisions are similar the case law and commentary on Section 13 of the 1956 Read More
Legal Personality of the Company -Business Registration
A company is a separate legal entity not withstanding the fact that there was only one governing director.The separate legal entity enabled a director,representing the firm,to enter into a contract of employment with himself in his individual capacity.one of the Read More
Company’s share and its types and functions
A share is a token or evidence of ownership, and each one represents a vote in the company. Any individual shareholder can have one, or many shares as they required.As every share counts as a vote in the company, the Read More
What is Memorandum of Association and its Clauses?
Hereby, we are going to discuss what is memorandum of association, purpose and its clauses in detail. Look at this to know some useful information about the company before you set up a business. Memorandum of association: It is the Read More