Companies Act, 1956: Section 94 Section 94 of the 1956 Act empowered a company limited by shares to alter its capital in any of the manner as stipulated under the section. Such power had to be exercised by the company Read More
Definition of Manager – Company Registration in Bangalore
Companies Act, 1956: Section 2(24) – Meaning of the term ‘manager’ Three conditions are to be satisfied before a person may become a manager under section 2(24) of the 1956 Act, viz., a) he must be an individual as opposed Read More
Agreement for Formation of a New Company to Exploit an Invention or Creation
Agreement for sale of invention The agreement for sale of patents as mentioned in this agreement should be properly drafted in consultation with the patents agents so that the said agreement may contain a complete specification of the invention which Read More
Company’s duty to register its charges – Company Registration in Bangalore
Every company is obligated for creating a charge within or outside India,on its property or asserts or any of its undertakings, whether tangible or otherwise,and situated in or outside India,to register the particulars of the charge signed by the company Read More
Rectification of Register – Company Registration in Bangalore
Section 111 of Companies Act, 1956 Section 111(4) of the 1956 Act corresponds to sub-section (1) of s. 59 of the 2013 Act. As stated earlier, s. 111(4) was applicable only to private companies, however, section 59 is applicable to Read More