1st March 2020
Doctrine of Ultravires
The Doctrine of Ultra Vires is a fundamental rule of Company Law. It states that the objects of a company,…
Study BBA, BMS, B.Com Syllabus wise Notes
The Doctrine of Ultra Vires is a fundamental rule of Company Law. It states that the objects of a company,…
Memorandum of association for a company is like the constitutional law for a country. It is the document which contains the…
Rules Regarding Allotment of Shares: The following rules regarding allotment of shares are noted: (a) Application Form: A prospectus is…
Reputed companies require the applicants to send the full value of the shares along with the applications. This is because,…
Share A share is defined as the smallest division of the share capital of the company which represents the proportion…
Mis-Statements in Prospectus: Mis-statements and false statements in the prospectus are instruments by which dishonest company promoters may practice fraud…
Sec. 2(36) of the Companies Act describes a prospectus as “any document issued as a prospectus and includes any notice, circular,…
A share in the share capital of the company, including stock, is the definition of the term ‘Share’. This is in…
A share warrant is a negotiable instrument, issued by the public limited company only against fully paid up shares. It…
The shares which can be issued by a company, are of two types: Preference Shares Equity Shares. Type 1. Preference…