Limited Liability – Meaning and Legal Foundation Limited liability is one of the most important principles of company law, ensuring that the liability of members […]
Category: OU LLB 3rd Sem – Company Law [short Answers]
51. Independent directors
Independent Directors – Meaning and Concept Independent Directors play a crucial role in ensuring transparency, accountability, and good corporate governance in companies. Under Section 149(6) […]
56. Unlimited Company.
An Unlimited Company is a type of company under Indian Company Law where the liability of its members or shareholders is unlimited. This means that […]
52. Preference share capital
Meaning and Legal Framework Preference share capital refers to that part of a company’s share capital which carries preferential rights as compared to equity shares, […]
57. Memorandum of Association.
The Memorandum of Association (MoA) is a foundational legal document required for the incorporation of a company under Indian Company Law. As per Section 2(56) […]
53. Bonus shares
Bonus Shares – Meaning and Legal Basis Bonus shares refer to shares issued by a company to its existing shareholders free of cost, in proportion […]
58. Public Issue.
A public issue refers to the process by which a company offers its shares or debentures to the general public to raise capital. Under Section […]
54.Kinds of meetings
Kinds of Meetings – Meaning and Legal Framework In Company Law, meetings are an essential mechanism through which a company functions democratically and lawfully. Meetings […]
59. Kinds of Share Capital.
Introduction Share capital represents the funds raised by a company through issuing shares to its members, forming a key part of the company’s structure. Under […]
60. Rights of Debentureholders.
Introduction to Debentureholder Rights Debentureholders are creditors of a company who lend money by subscribing to its debentures. Under the Companies Act, 2013 (Sections 71 […]