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
Certificates of Shares of the limited company
Certificate of Shares According to the provisions of the Companies Act,1956, a certificate ,under the common seal of the company,specifying any shares hold by any member,shall be evidence of the title of the member to such shares.A certificate may Read More
Significant things to know about the business enterprises
We are here to discuss the significant things about the business enterprises and its types in an understandable way. Business enterprises can be broadly divided into two categories namely one which is non-corporate in form and other one which has Read More