Articles tagged with companies
The Memorandum of Association is also known as Charter of the Company, it defines the scope of company's future activities. Also, Alteration in the Memorandum of Association can be carried out only by a special resolution at the Shareholders meeting.
17 Sep 2018 by
Akshara Bala
The Payment of Gratuity Act, 1972 provides that the employer gives the gratuity to his/her employment at the time of retirement for the services rendered by him/her during the period of work. There is a formula for calculating the amount of Gratuity.
17 Sep 2018 by
Akshara Bala
The National Company Law Tribunal and the National Company Law Appellate Tribunal were constituted in June 2013, However, the powers and functions of NCLT under 1956 Act.
17 Sep 2018 by
Akshara Bala
One of the types of business structures allowed under the India Companies Act is a Limited Company. The term ‘liability’ refers to the obligation of the owners (guarantors/shareholders) towards meeting the debts of the company.
17 Sep 2018 by
Akshara Bala
Liquidation or winding up of a company means that the company is being dissolved, and its life has come to an end. The Companies Act, 2013 and under the new Insolvency and Bankruptcy Code passed in 2016 a wind up of company can be done.
18 Sep 2018 by
Akshara Bala
A DSC can be renewed through an online process, an application for renewal is to be made at least seven days before the expiry of the digital signature. A step wise procedure along with documents requirement and checklist inside the article.
18 Sep 2018 by
Akshara Bala
The Director Identification Number (also referred to as DIN) is a unique eight-digit identification number that is mandatory for all existing directors of an incorporated company.
19 Sep 2018 by
Akshara Bala
The liability of a company is limited to the amount its members have invested or guaranteed to the company. Such liability can be limited either by shares held by the members or by guarantee undertaken by them.
20 Sep 2018 by
Akshara Bala
The key characteristic of a Joint stock company is that the ownership of the company is divided into shares, held by the shareholders.
20 Sep 2018 by
Akshara Bala
A limited company has a distinctive identity and is seen as an artificial person in the eyes of the law. The key characteristic being, that the finances of the company are completely separate from the finances of the owners, promoters and employees
21 Sep 2018 by
Akshara Bala
