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INTRODUCTION Company Law Board in India was an entity that was given the power of adjudication of company law case. After the amendment in Companies Act in year 2013, this power was given to National Company Law Tribunal. This power came by the notification from Ministry of Corporate Affairs. The basis of this notification was […]
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Debenture trustee, in simple terms, means any person who is given the responsibility for issuing and distributing debentures. If any company is looking for raising the capital, then they can chose the option of issuing the stocks as a form of debt with a condition that the debt had to be repaid at a specific […]
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Limited Liability concept which is applied in the company is relative a concept of modern day enterprises. The concept was first established in the case of Simon v. Simon wherein which says that the liability of a shareholder should be limited to his shareholding in the company and his personal assets must not be used […]
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In India, the Companies Act defines two types of companies, which are, public and private. There are Memorandum of Understanding and Articles of Association to bind the shareholders and the company which is required by law to be formed. The Articles of the Association is a contract between the company and its members and it […]
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