Business Law 2 min read
Appointment of Directors
The appointment and recruitment of directors is a crucial procedural requirement of a company. In accordance with the Companies Act,…
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Liabilities under the Companies Act
The following duties and liabilities have been imposed on the directors of companies under the Companies Act − Prospectus Any…
Business Law 2 min read
Liabilities of Directors
The liability of directors to the company arises under few circumstances. Breach of Fiduciary Duty A director will be liable…
Business Law 1 min read
General Duties of a Director
A director must fulfils the following general duties − Duty of Good Faith The directors should act in the best…
Business Law 3 min read
Duties of Directors
Directors are held responsible for the company’s compliance with the law. These duties are normally delegated to a company secretary,…
Business Law 6 min read
Meaning and Nature of Company
According to the Companies Act, 1956, “A company is a person, artificial, invisible, intangible, and existing only in the contemplation…
Business Law 3 min read
Powers of Directors
The powers of the directors are normally written in the articles of association of the company. The shareholders cannot meddle…
Business Law 1 min read
Business Law – Directors
Directors, as the word suggests, are a special group of people who direct the company. The directors give certain direction…
Business Law 3 min read
Buy-back of Shares
Buy-back of shares refers to the buying of sold shares. In case of buy-back, the company buys the shares back…
Business Law 2 min read
Transfer & Transmission of Shares
Transfer of shares is a voluntary act. It is the phenomenon of transferring the ownership of one shareholder to another…
Business Law 2 min read
Equity Shares
As per section 85(2) of the Companies Act, 1956, equity shares are defined as the shares, which do not have…
Business Law 2 min read
Types of Preference Shares
The important types of preference shares are as follows − Cumulative Preference Shares If dividend is not paid at the…