Facts of the Case ‘X’ Company lent money to ‘Y’ Company against a mortgage of Y’s assets. However, the procedure prescribed in Y Company’s Articles […]
Tag: CompanyLawIndia
10. Mr ‘P’ who was a minor, registered his name as a share holder. After attaining majority, he received dividend from the company. Subsequently the company went into liquidation. ‘P’ denies his liability? Decide.
Facts of the Case Mr. ‘P’, while he was still a minor, applied for and got his name registered as a shareholder in a company. […]
8. ‘X’, who is a member of Vivek Ltd., a Public Company has very recently become an insolvent. Can the insolvent ‘X’ continue as a member of the company?
Facts of the Case ‘X’ is a shareholder and registered member of Vivek Ltd., a Public Limited Company incorporated under the Companies Act, 2013. Recently, […]