Memorandum of Association Under Company Law, a company is an artificial legal person created by law. It cannot come into existence or function without foundational […]
Tag: CorporateGovernance
6. Articles of Association of a Company reserve the powers for calling the AGM. The MD of the company, without reference to the Board, call an AGM. Is the Annual General Meeting valid?
Facts of the Case A company’s Articles of Association (AOA) expressly provide that the power to convene the Annual General Meeting (AGM) lies with the […]
5. A whole-time director of a company made an invention during the course of his employment with the company. He patented the invention in his own name and appropriated the benefits to himself. Can he do so?
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, […]