Author: admin

 Enforcement is needed for the following reasons:  1. It is the basic and first important step in the formation of a company. 2. Enforcement is the process of formation of…

Meaning and definitions of reputation,  Reputation is an invisible asset that cannot be seen, only felt.  It is easy to describe.  But its definition is difficult to give in certain…

 According to Section 66 of the Companies Act, there can be only two types of capital issued after this Act and a company with limited liability by shares created after…

 If a company makes allotment of shares against the rules of section 69 and 70, then any allotment is called irregular allotment i.e. allotment:- (1) the minimum subscription amount has…

The directors are the persons elected by the shareholders to run, manage and look after the business of the company. There is no clear definition of the word director in…

 In the case of a company, the Board of Directors means the Board of Directors of the company. According to section 252 (3), the directors of the company are jointly…

Section 252 has been amended by the Companies (Amendment) Act, 2000 to provide that a public company (a) having a paid-up capital of five crore rupees or more, and (b)…

 The word ‘secretary’ is derived from the Latin word ‘secretarius’ which means ‘officer to certify written letters’ or ‘trusted officer’.   Meaning of Secretary According to the Oxford dictionary:- “Secretary is…

 According to the Companies Secretary (Appointment and Qualifications) Rules, 1988, only the person who has the following qualifications can be appointed as Company Secretary  (a) Secretary to the Institute of…

 The functions of the Secretary can be divided into the following two parts :- (a) Secretarial Functions Secretarial functions can be divided into the following two parts ,  1. Secretarial…