Limited Liability – Meaning and Legal Foundation Limited liability is one of the most important principles of company law, ensuring that the liability of members […]
Tag: OU LLB Company Law
52. Preference share capital
Meaning and Legal Framework Preference share capital refers to that part of a company’s share capital which carries preferential rights as compared to equity shares, […]
53. Bonus shares
Bonus Shares – Meaning and Legal Basis Bonus shares refer to shares issued by a company to its existing shareholders free of cost, in proportion […]
54.Kinds of meetings
Kinds of Meetings – Meaning and Legal Framework In Company Law, meetings are an essential mechanism through which a company functions democratically and lawfully. Meetings […]
50. Government Companies
Meaning and Legal Definition A Government Company is a special category of company in which the Central Government, State Government(s), or a combination of both […]
49. Promoters
Promoters – Meaning and Legal Concept A promoter is a person who undertakes to form a company and takes necessary steps to bring it into […]
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 […]
47. Winding up of the company
Meaning and Concept Winding up of a company is the legal process through which the life of a company is brought to an end. It […]
46. Public company
Public Company – Meaning and Legal Basis A Public Company is a form of company that invites the general public to subscribe to its shares […]
41. Capital shares
Capital Shares – Meaning and Concept Capital shares, commonly known as equity shares, represent the ownership interest of shareholders in a company. Under Section 2(50) […]