In this article, we will discuss the Books of Accounts kept by a Company in details as mentioned in the Companies Act.
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Tag: COMPANY LAW
Appointment of an Auditor
In this article, we will discuss the qualifications of an auditor of a company or who can be appointed as a company auditor. We will also discuss the disqualifications of a company auditor.
Read MoreDifference between Member and Shareholder
In this article, we will discuss the ‘Differences between Member and Shareholder’. But first we will discuss the definition of a member which is as follows:
Read MoreIssue of shares (securities) at a premium
In this article, we will discuss what is meant by ‘Issue of shares at a premium’. We will also discuss for what purpose the premium on issue of shares can be used for.
Read MoreAppointment of Directors
In case of a public company or a private company which is a subsidiary of a public company, at least two-third of the total number of the directors shall be liable to retirement by rotation unless the Articles provide for the retirement of all directors at every annual general meeting.
Read MoreDoctrine of Indoor Management
In this article, we will discuss the Doctrine of Indoor Management. Illustration of this doctrine and also the exceptions to this doctrine.
Read MorePrivate Company | Its Privileges and Exemptions
According to the Companies (Amendment) Act (2000), a private company is the one which
has a minimum of two and maximum of 50 members excluding the employees.
Illegal Association and Its Consequences
Under the Companies Act, an association of more than 10 persons carrying on banking business and an association of more than 20 persons carrying on any other business must be registered, it is deemed to be an illegal association.
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