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Punishment for Improper Use of 'Limited' or 'Private Limited'

Company Law and Corporate Governance Unit-1 Introduction to Company Law

The terms "Limited" and "Private Limited" signify a company's legal status of limited liability, ...

Updated 10 months ago by Sanjay Bandaru

Differences between Private and Public companies

Company Law and Corporate Governance Unit-1 Introduction to Company Law

Basis for Comparison Criteria Private Limited Company Public Limited Company Meaning Not l...

Updated 10 months ago by Sanjay Bandaru

Kinds of Companies

Company Law and Corporate Governance Unit-1 Introduction to Company Law

Chartered Companies Chartered companies are formed by a royal charter granted by the monarch. The...

Updated 10 months ago by Sanjay Bandaru

Special Features of Company

Company Law and Corporate Governance Unit-1 Introduction to Company Law

Companies are distinguished from other forms of organizations by specific features that define th...

Updated 10 months ago by Sanjay Bandaru

Objects of Companies Act

Company Law and Corporate Governance Unit-1 Introduction to Company Law

The Companies Act, of 2013, is a significant legislative step forward in enhancing the regulation...

Updated 10 months ago by Sanjay Bandaru

Introduction and Development of Company Law

Company Law and Corporate Governance Unit-1 Introduction to Company Law

Definition Company Law refers to the set of laws that regulate, govern, guide, take care of, and ...

Updated 10 months ago by Sanjay Bandaru

Final meeting and dissolution of company

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Introduction The final meeting and subsequent dissolution of a company represent the final stages...

Updated 10 months ago by Sanjay Bandaru

Effect of winding up order - Stay of suits, etc., on winding up order - Consequences of winding up

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Introduction In company law, a "winding up order" is a legal directive issued by a court to disso...

Updated 10 months ago by Sanjay Bandaru

Removal and Replacement of Liquidator

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Introduction Section 276 of the Companies Act outlines the circumstances and procedures for the r...

Updated 10 months ago by Sanjay Bandaru

Liquidator's Role and Duties

Company Law and Corporate Governance Unit-4 Winding Up of a Company

A Company Liquidator is a crucial figure in the process of winding up a company. This individual,...

Updated 10 months ago by Sanjay Bandaru

Voluntary Winding Up

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Voluntary winding up of a company is a process initiated by the company's members (shareholders) ...

Updated 10 months ago by Sanjay Bandaru

Meaning and Types of Winding Up

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Winding up of a company, also known as liquidation, is defined as the proceedings by which a comp...

Updated 10 months ago by Sanjay Bandaru

4.b subject to the supervision of the Court

Company Law and Corporate Governance Unit-4 Winding Up of a Company

Winding up a company subject to the supervision of the court is a unique hybrid process that comb...

Updated 10 months ago by Sanjay Bandaru

Mechanism of Internal Control System

Company Law and Corporate Governance Unit-6 Internal Control

The mechanism of an internal control system comprises five interconnected components that work to...

Updated 10 months ago by Sanjay Bandaru

Role of Management and Auditor

Company Law and Corporate Governance Unit-6 Internal Control

The responsibility for internal controls rests primarily with management, who must ensure that ef...

Updated 10 months ago by Sanjay Bandaru

Meaning and Objectives

Company Law and Corporate Governance Unit-6 Internal Control

Internal Controls encompass a broad set of procedures and mechanisms designed to ensure the integ...

Updated 10 months ago by Sanjay Bandaru

Statement in Lieu of Prospectus

Company Law and Corporate Governance Unit-2 Formation of a Company

The Statement in Lieu of Prospectus is a document outlined under Section 70 of the Companies Act,...

Updated 10 months ago by Sanjay Bandaru

Prospectus and its Contents

Company Law and Corporate Governance Unit-2 Formation of a Company

A prospectus is a pivotal document within company law, acting as a formal proposal to the public,...

Updated 10 months ago by Sanjay Bandaru

Certificate of Incorporation and Commencement of Business

Company Law and Corporate Governance Unit-2 Formation of a Company

The Certificate of Incorporation (COI) is often referred to as the "birth certificate" of a compa...

Updated 10 months ago by Sanjay Bandaru

Doctrine of Indoor Management

Company Law and Corporate Governance Unit-2 Formation of a Company

The Doctrine of Indoor Management, also known as the Turquand Rule, plays a pivotal role in corpo...

Updated 10 months ago by Sanjay Bandaru