"I am Shubham from Batch 2016-21 of GNLU. I have completed 5 years of integrated BA LLB course from GNLU, Gandhinagar, and I have completed Company Secretary Course meanwhile with 3rd Rank in Ahmedabad, Gujarat in CS Professional. I am a keen reader and enthusiastic listener of Corporate and Contract Laws and allied matters."
Learn about the concept of pledge under the Indian Contract Act of 1872. Understand the essentials and examples of pledge for debt or promise.
Explore the concept of indemnity and guarantee under the Indian Contract Act of 1872. Learn about the legal implications and responsibilities involved.
Understanding the duties of an agent under the Indian Contract Act of 1872. Discover the responsibilities and obligations agents have towards their principals.
Applicable Provisions: S. 151 of Companies Act, 2013 read with Rule 7 of Companies (Appointment and Qualification of Directors) Rules, 2014. As per S.151, A listed company may have one director elected by small shareholders. Small shareholder means a shareholder holding shares of nominal value of not more than Rs. 20,000 or such other sum […]
Applicable Provisions: Section 153 of Companies Act, 2013 r/w Rule 9 & 10 of Companies (Appointment and Qualification of Directors) Rules, 2014. What Provisions say? Section 152 (4) mandates that every person proposed to be appointed as a director by the company in general meeting or otherwise, shall furnish his Director Identification Number or such […]
Important Terms in E-Filing of Forms on MCA Portal: 1. Pre-Fill: Pre-fill is functionality in an e-form that is used for filling automatically, the requisite data from the system without repeatedly entering the same. For example, by entering the CIN of the company, the name and registered office address of the company shall automatically be […]
Procedure for transferring unclaimed or unpaid dividend to Investor Education and Protection Fund (IEPF) in brief Applicable Provision: Rule 5 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 r/w Section 125 of Companies Act, 2013. Below-mentioned is the procedure as given under Rule 5: 1. The amount of […]
A company consists of members, though it has its own separate legal entity, and it is these members that constitute the whole company as a corporate entity. But who actually is a Member? As per Section 2(55) of Companies Act of 2013, member in relation to a company means: -The subscribers to the memorandum of […]
Nomination and Remuneration Committee under Companies Act, 2013 vis-à-vis SEBI (LODR) Regulations, 2015 Points of difference Companies Act, 2013 SEBI (LODR) Regulations, 2015 Provision Section 178 r/w Rule 6 of Companies (Meetings of Board and its power) Rules, 2014. Regulation 19. Applicability Every listed Public Company; or All Public companies with a paid up capital […]
Applicable Provisions: Section 43 of Companies Act, 2013 r/w Rule 4 of Companies (Share Capital and Debentures) Rules, 2014. Section 43 enables a company to issue equity shares with differential voting rights as to dividend, voting rights, etc. and at the same time Rule 3 of 2014 Rules states that the provisions of these rules […]
