Companies Act 2013
Section 63 of Companies Act 2013 – Issue of Bonus Shares
In this article, we are going to explore the concept of Bonus Shares and Section 63 of the Companies Act 2013, In which they are being dealt with. Before understanding the concept of Bonus Shares, Let’s recall about Shares, A ‘Share’ is a part/share in a company’s capital. Or In other words, A share is […]
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Gayathri Madhu
December 19, 2023 at 06:53 AM
Section 47 Of Companies Act 2013: Voting Right
The right to vote on certain business matters is a significant right of shareholders. Shareholders typically have the opportunity to vote on board of director elections as well as on projected corporate changes, such as a shift in the company’s mission and goals or structural changes. The Companies Act of 2013 (the “2013 Act”) defines […]
Harmehak Kaur Anand
December 19, 2023 at 06:43 AM
Section 44 Of Companies Act 2013: Nature Of Shares And Debentures
What is a share? A share, according to Section 2(84) of the Act, is “a share in a company’s share capital, and includes stock unless where a distinction between stock and shares is indicated or implied.” A share, according to Halsbury’s Laws of England, is a right to a specific amount of a company’s share […]
Yashika Thakran
December 19, 2023 at 06:41 AM
Section 38 Of Companies Act 2013: Punishment For Personation For Acquisition Of Securities
For Preface: Section 38 of the Companies act establishes standards or parameters of penalties for using and allotting the shares in Fictitious Name it says – A person shall be liable to punishment under section 447 if he : These provisions shall be prominently reported in every prospectus issued by the company and in every […]
Shruti Srivastava
December 19, 2023 at 06:37 AM
Section 36 & Section 37 Of The Companies Act 2013
Section 36 of the Companies Act 2013 [Punishment for fraudulently inducing persons to invest money – Indian Companies Act 2013] Section 36 of the Indian Companies Act 2013 states that any person responsible for fraudulently inducing anyone to invest money is punishable under section 447 of the Act. A provision in the Companies Act 2013 […]
Swagata Pramanik
December 19, 2023 at 06:35 AM
Section 35 – Civil Liability for Misstatement in Prospectus
Section 35 civil liability for misstatement in prospectus where a person has subscribed for securities of a company acting on any statement Section 35. Civil liability for misstatements in prospectus. FAQ’s
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Shalini Koppula
December 19, 2023 at 06:15 AM
Abridged Prospectus: Section 33 Of Companies Act 2013
As per Section 33 of the Indian Companies Act, 2013 no form of application for the purchase of any of the company’s securities shall be issued unless an abridged prospectus accompanies such condition, a provision in the Companies Act 2013 related to issue of application forms for Securities is as under. Here you are going […]
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Harshit Jain
December 19, 2023 at 06:13 AM
What Is The Shelf Prospectus Companies Act 2013? (Section 31)
What is a Prospectus? – The prospectus is a legal document that describes the company’s financial securities available for purchase by investors. It is a legal document that details the features, prospects, and promise of a financial product for market participants and investors to explore. It is required by law to be provided to potential […]
Shubham Mishra
December 19, 2023 at 06:11 AM
Section 10a Of Companies Act 2013: Commencement Of Business
Section 10A of the Companies(Amendment) Act 2013, the Companies Act, Certificate of Incorporation, Erstwhile Companies Act 1956 Section 11 Commencement of business, etc. [Effective from 01-04-2014 to 29-05-2015] A company having a share capital shall not commence any business or exercise any borrowing power unless – (a) A director files a declaration with the Registrar […]
Arpita Maharana
December 19, 2023 at 05:53 AM
Section 8 of the Companies Act 2013: Incorporation Of Section 8 Company
Philanthropic and social welfare activities are becoming increasingly important in today’s world. With changes in the economy, society, and traditional family support systems, there is a growing need for organizations that can promote social responsibility and benefit communities. In India, such non-profit organizations can be registered under Section 8 of the Companies Act, 2013, as: […]
#Section 8 of the Companies Act 2013: Incorporation Of Section 8 Company
Aryan Mohanty
December 19, 2023 at 05:51 AM