Facts of the Case ‘A’ subscribed to the memorandum of a company for 100 shares at the time of its registration. The company was duly […]
Tag: IndianCompanyLaw
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 […]
2. ‘A’ Pvt. Co has only ‘2’ shareholders who are also the Directors with equal rights of management and voting power. The company has made huge profits but there is a complete dead lock in the Mgt. of the company. One of the shareholders applied for the winding up of the company? Decide.
Facts of the Case ‘A’ Private Limited Company has only two shareholders, who are also the only directors of the company. Both shareholders hold equal […]
1. ‘X’ company purchases a property without its power given in the Memorandum of Association. What is the legal position of the company with regard to company.
Facts of the Case ‘X’ Company is a registered company incorporated under the Companies Act, having a duly registered Memorandum of Association (MOA) which defines […]