Facts of the Case A whole-time director of a company was employed under a contract of service that required him to devote his full time, […]
Category: OU LLB 3rd Sem – Company Law
4. An offer by ‘A’ Co. Ltd. to purchase the whole of the issued share capital of B Co. Ltd. has been accepted by the holders of 9/10th of the shares, What further steps can be taken by ‘A’ Co. Ltd. to acquire the holdings of the dissenting shareholders.
Facts of the Case A Co. Ltd. made an offer to acquire the entire issued share capital of B Co. Ltd. The offer was communicated […]
5. Depository Participant.
Depository Participant Meaning and Concept A Depository Participant (DP) is an intermediary registered with a depository who acts as a link between investors and the […]
3. Two Companies X and Y filed petition under Companies Act seeking sanctioning of the scheme of their amalgamation. What are the expected objections from the authorities.
Facts of the Case Company X and Company Y are registered companies incorporated under the Companies Act, carrying on business in allied commercial activities. With […]
4. DIN (Director Identification Number)
Concept and Purpose of DIN Director Identification Number (DIN) is a unique identification number allotted to an individual who intends to become a director or […]
3. Interim Dividend.
Interim Dividend – Concept and Meaning Interim Dividend refers to the dividend declared by the Board of Directors of a company between two Annual General […]
2. ‘A’ Pvt. Co has only ‘2’ shareholders who are also the Directors with equal rights of management and voting power. The company has made huge profits but there is a complete dead lock in the Mgt. of the company. One of the shareholders applied for the winding up of the company? Decide.
Facts of the Case ‘A’ Private Limited Company has only two shareholders, who are also the only directors of the company. Both shareholders hold equal […]
2. Additional Directors.
Additional Directors – Concept and Meaning Additional Directors are directors appointed by the Board of Directors between two Annual General Meetings to meet immediate managerial […]
1. ‘X’ company purchases a property without its power given in the Memorandum of Association. What is the legal position of the company with regard to company.
Facts of the Case ‘X’ Company is a registered company incorporated under the Companies Act, having a duly registered Memorandum of Association (MOA) which defines […]
1. Deemed Prospectus
Meaning and Concept of Deemed Prospectus A Deemed Prospectus refers to a document which is not formally issued as a prospectus by a company, but […]