Winding Up Under The Companies Act, 2013
Introduction Winding up can be defined as a means by which a company can be dissolved. The main purpose of it is to realize the assets, pay the debts which have been incurred by the company and if there is any surplus then it shall be distributed among the members in accordance with their rights. […]
Powers and Function of NCLT under Companies Act
Powers and Function of NCLT under Companies Act, 2013 Introduction Development and innovation are stages in various sectors in the social order. The Companies Act, 2013 has undergone many amendments with new policies for good governance in corporate law. The Law Commission of India in its 124th report in the year 1988, pointed out that […]
Kinds of Company- Overview
Kinds of Company- Overview Introduction In the world of business, the incorporation of an artificial person is known to be a company. Its dynamics to the approach change with the development to the needs of the business. The word ‘company’ is derived from the Latin word ‘Com’ which means ‘with or together’ and ‘panis’ which […]
Formation and Incorporation of a Company
Formation and Incorporation of a Company under the Companies Act, 2013 Written By: Amrusha Sengupta BALLB 3rd Year Adamas University. Introduction A Company comes into existence after it has been incorporated under the Companies Act, 2013 or any earlier Companies Act. Every Company before starting its business transaction must get itself incorporated. Certain preliminary decision […]