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) […]
Tag: corporate governance
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 […]
61. Frauds by officers of a company.
Understanding Frauds by Company Officers Frauds by officers of a company occur when directors, managers, or other officers misuse their position to deceive the company, […]
48. Company Law Board.
Meaning and Legal Basis The Company Law Board (CLB) was a quasi-judicial body constituted under the Companies Act, 1956, primarily under Section 10E, to exercise […]
42. Mismanagement
Meaning and Concept Mismanagement in company law refers to the improper, negligent, or dishonest conduct of a company’s affairs by those in control, resulting in […]
45. Quorum
Meaning and Concept of Quorum Quorum refers to the minimum number of members required to be present at a company meeting to make the proceedings […]
44. Secretary meetings
Secretary Meetings – Meaning and Legal Basis Secretary meetings refer to meetings convened, coordinated, and recorded by the Company Secretary as part of statutory and […]
26. What are the disadvantages of incorporation of a company with reference to the lifting the corporate veil?
Disadvantages of Incorporation of a Company Incorporation of a company is one of the most significant concepts under Company Law. Once incorporated, a company acquires […]
25. What are the advantages of incorporation of a public limited company?
Incorporation of a Public Limited Company In the modern business environment, incorporating a company is often seen as a strategic step for entrepreneurs, investors, and […]
24. What is a Memorandum of Association? What are, the articles related to Association?
Articles Related to Association In the world of corporate law, the formation of a company is governed by meticulous legal frameworks that ensure transparency, accountability, […]