Business Law 3 min read
Business Law – Shares
Through the course of time, Business Law has evolved in the field of the division and flexibility in transferability of…
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Definitions used in Articles
“Act of incorporation” refers to an act for the incorporation of International Air Transport Association. ● “Air service” refers to public…
Business Law 3 min read
Meaning of Association
Purpose of an Article The article of association contains the following details − ● The voting powers of officers, directors and…
Business Law 3 min read
Business Law – Articles of Association
Articles of Association is a document, which is mandatory for every company to prepare. It contains the following details −…
Business Law 2 min read
What is a Company?
Organizations require huge investments. As the investments are big, the risks involved are also very high. While undertaking a big…
Business Law 2 min read
Contents of the Memorandum of Association
The contents of the Memorandum of Association are detailed out below. Purpose of Memorandum ● Shareholders must know the field of…
Business Law 3 min read
Clauses of Memorandums
The memorandum of association contains the following clauses − The Name Clause ● A company (being a separate legal entity) must…
Business Law 1 min read
Meaning of Memorandum of Association
The Memorandum of Association is considered as the constitution of a company. It provides the foundation to the structure or…
Business Law 1 min read
Memorandum of Association Concepts
The memorandum of association of a company is a document that governs the relationship of a company with the outside…
Business Law 2 min read
Private Company and Public Company
● The director of a private company may not be specifically qualified. A private company may have only one director who…
Business Law 1 min read
Formation of a Company
The following things are required for the formation of a company. ● Promoters are required. ● Objectives of the promoters must be…
Business Law 1 min read
Liabilities & Rights of Promoters
A promoter of a company cannot be considered as an agent of the company as the company is not in…