Discuss the circumstances on which the court orders for winding up of a Company on "just and equitable" ground.
Just and equitable ground:- lf the Court is of opinion that it is just and equitable if the company…
Just and equitable ground:- lf the Court is of opinion that it is just and equitable if the company…
Duties and functions of Promoters: The main duties and functions of a promoter is to undertake …
Minutes of 120th Board Meeting held on 4th March 2007 of ABC Co. Ltd. at its registered office Hou…
Completion of share transfer As per clause 12(2) of listings regulations the Company shall compl…
A specimen notice of refusal to register transfer of shares. …
Clause 20(1) of Schedule -I: The directors may decline to register any transfer of shares not be…
Ordinary Resolution: This is passed by the majority vole of members present at a general meeting…
Appointment and Remuneration of Auditors: Auditors are appointed in the Annual General Meeting b…
Legal position of Directors: There are different views about the legal position of Directors. …
Winding up affecting the position of officers As per Section - 252(3), a winding-up order by t…
Issuance of a share at a premium A Company can issue share at a premium having permission from…
Illegal Association: (Section-4) No company, Association, Partnership shall be formed consis…
Pre- incorporation contract: A company cannot be bound by a contract which was made on its behal…
Regulations relating to the absence of the Articles As per Section-18 of Companies Act 1994 the …
Prospectus: A prospectus is an invitation to the public to purchase shares or debenture of a com…
As per listing regulations clause 7(1), only the public limited Company can be listed with the Stoc…
Application to the Court for winding-up: According to Section 239, the winding-up of a Company m…
Different type of resolutions: i. Ordinary resolution ii. Special resolution iii. Extra-ordinary…
Qualification of Directors: Articles of Association of a Company usually fix the minimum number …
Special resolution: This is passed in a General Meeting by the three-fourth majority of the memb…