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…
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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 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…
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…
Business Law 2 min read
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…