Meaning and Legal Basis An Unlimited Company is a type of company where the liability of members is unlimited, meaning there is no statutory limit […]
Category: OU LLB 3rd Sem – Company Law
34. Certificate of Commencement of Business
Meaning and Legal Basis The Certificate of Commencement of Business is a statutory declaration that enables a company to legally begin its business operations. Under […]
33. Corporation
Corporation – Meaning and Legal Nature A corporation is an artificial legal person created by law, having a separate existence distinct from its members. Under […]
20. What reliefs are available to minority shareholders against wrongful conduct of the majority?
Shareholders Against Wrongful Conduct of the Majority In corporate law, the relationship between majority and minority shareholders is inherently delicate. While the majority shareholders hold […]
32. Annual General Meeting
Annual General Meeting (AGM) – Meaning and Importance An Annual General Meeting (AGM) is a mandatory yearly meeting of shareholders of a company to review […]
31. Company Secretary
Company Secretary – Meaning and Legal Position A Company Secretary (CS) is a key managerial personnel responsible for ensuring that a company complies with legal, […]
19. State the legal provisions relating to disposal of unpaid and unclaimed dividends.
State the Legal Provisions In the world of corporate law, dividends represent a company’s profit-sharing mechanism with its shareholders. It is a shareholder’s right to […]
27. Winding Up
Meaning and Concept of Winding Up Winding up is the legal process by which the life of a company comes to an end and its […]
18. Discuss the provisions of the Companies Act, 1956 relating to buy-back of shares by a company.
Provisions of the Companies Act The buy-back of shares by a company is a significant corporate financial mechanism that allows a company to repurchase its […]
17. Distinguish between public limited company and private limited company.
Public Limited Company and Private Limited Company In the dynamic world of business, the choice of company structure is crucial as it influences ownership, liability, […]