Define Company In the modern business environment, large-scale economic activities cannot be carried on efficiently by individuals alone. To overcome limitations such as lack of […]
Category: OU LLB 3rd Sem – Company Law
4. What is Winding Up? Explain the Winding up of a company by the court on the grounds “Just and Equitable”.
Explain the Winding Up of a Company A company is a separate legal entity created by law, enjoying rights and obligations distinct from its members. […]
18. Pre-Incorporation Contracts
Meaning and Legal Position Pre-incorporation contracts are agreements entered into by promoters on behalf of a company before the company is legally incorporated. At this […]
3. What is Meeting? Explain the importance of extra-ordinary general meeting of a company.
Importance of Extra-Ordinary General Meeting In corporate governance, decision-making cannot be left to individual opinions or informal discussions. A company, being an artificial legal person, […]
17. Private Company
Meaning and Legal Definition A Private Company is a form of business organization recognized under Section 2(68) of the Companies Act, 2013. According to this […]
2. The shares of a Pvt. Ltd. Company are not transferable at all. Critically examine the statement by quoting case laws.
The Shares of a Pvt. Ltd. Company Private Limited Companies (Pvt. Ltd. Companies) are among the most common business structures in India. They provide limited […]
1. A Company has a nationality and residence but no citizenship. Discuss the law.
A Company Has a Nationality and Residence In the modern corporate world, Company Nationality Residence merely commercial entities; they are treated as legal persons under […]
19.Proxy.
Meaning and Legal Basis A Proxy is a person appointed by a member of a company to attend and vote at a meeting on their […]
20. NCLAT
NCLAT – National Company Law Appellate Tribunal Meaning and Legal Basis The National Company Law Appellate Tribunal (NCLAT) is a statutory appellate authority established under […]
16. A husband and wife, who were the only two members of a private limited company, were shot dead by dacoits. Does the company also die with them?
Facts of the Case In this case, a private limited company was owned entirely by a husband and wife, who were the sole shareholders and […]