Company

Skill requirements for a company director- Company Registration

The skill requirements of a company director gonna be discussed here very precisely. Look into this article to get a clear view point regarding the requirements of a company director. In spite of a spate of debates over the rights and obligations of a company, director, there appears to have been a lack of insight into the actual function of a company director qua director. At the one extreme, popular misconception would have it that a director is, as it…

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Do you want to know about the legal effect of share certificate

Legal effect of share certificate: Share certificate is prima-facie evidence to the title of the person whose names is entered on it. It is a statement specified by the company, the moment it got issues, the person who named in it will be the legal owner of the shares. The mentioned shares would be paid up to the extent stated. It does not constitute a title but it is merely an evidence of the title. It is actually a statement…

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Insolvency Rules in Winding up of Insolvent Companies

In the winding up of insolvent company, the same rules shall prevail and be observed with regard to debts provable, the valuation of annuities and future and contingent liabilities and the respective rights of secured and unsecured creditors, as are in force for the time being under the law of insolvency with respect to the estates of persons adjudged insolvent: Insolvency: Provided that the security of every secured creditor shall be deemed to be subject to pari passu charge in…

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Top four Company Types and its Features – Solubilis

Features of the company types will be discussed here. Before that, we can have a small description about a company in the simplest manner. What is “Company”? The Company is a voluntary and autonomous association of a person, this is often made for achieving business activities. Companies are structured in numerous ways. A company may be a sole proprietorship, partnership or a corporation depending on the kind of company you are dealing with. It is not associate with a person but…

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Want to know more about Private Companies Limited by Shares?

Incorporating a Private Company is incredibly easy but it has some laws and procedures to follow. Any individual or a corporate body can own a company. Here we have some essential information to know about the “companies limited by shares“. Private Company: A Private Company is the one which offers a limited liability and a protection to its shareholders and it has a minimum paid-up capital of Rs. One lakh or such a higher capital may be prescribed. Transferring of…

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