Any member of a company can approaches to the NCLT if member has a ground that the affairs of the company are being conducted in a manner i.e. is prejudicial to the interest of the Company or oppressive to the interest of any member or his interest. Even if the member has a ground that … Continue reading How Members Can Approach NCLT for the Company’s Mismanagement or oppression
Capital Reduction via Buy Back is not permissible under Section 66 of Companies Act 2013
Section 66 of the Companies Act, 2013 speaks about the Capital reduction and capital reduction of the shares can be done only through a special resolution but tribunal approval is required i.e. NCLT for the purpose of Capital Reduction. A company can reduce its capital by cancelling or extinguishing the shares subject to the special … Continue reading Capital Reduction via Buy Back is not permissible under Section 66 of Companies Act 2013
THINK LIKE FOUNDER- COMPANY LAW CONCEPTS SIMPLIFIED FOR THE FOUNDERS AND STUDENTS. (VOLUME-1)
HOW TO START? One Strategy to understand the Company law for students or professionals those who have no background of the subject i.e. Think Like a founder who is starting a "Business". Now Read it.So the first question you should ask yourself as a founder, how many people you need to start your "Company"? Minimum … Continue reading THINK LIKE FOUNDER- COMPANY LAW CONCEPTS SIMPLIFIED FOR THE FOUNDERS AND STUDENTS. (VOLUME-1)