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Month: December 2017

PROCEDURES.

Issue of rights shares and bonus shares by a public company

December 30, 2017UncategorizedLeave a Comment on Issue of rights shares and bonus shares by a public companycompanyregisban

The existing shareholders of a public limited company have a right to be offered shares in the company whenever the company proposes to increase its share capital. This is a special right which a member of a public limited company …

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Transfer and forfeiture of shares

December 14, 2017CompanyLeave a Comment on Transfer and forfeiture of sharescompanyregisban

A private limited company is by the act, under the section of 3 required among other things to restrict the right to transfer its shares. But in a public limited company shares are freely transferable except where the company holds …

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Important messages for e-filing under MCA21

December 9, 2017CompanyLeave a Comment on Important messages for e-filing under MCA21companyregisban

MCA21 e-Governance project is in the process of being implemented in different locations. Once operational, all services are available in electronic mode and documents are required to be e-filed. There are certain pre-requisites and general guidelines for all the stakeholders …

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incorporation

Extraordinary general meeting on requisition by members

December 2, 2017UncategorizedLeave a Comment on Extraordinary general meeting on requisition by memberscompanyregisban

The right given under section 169 is known at the right available in the hands of “qualified minority” of shareholders. Such of those members, as mentioned in the section, are authorized to ask the board of directors by requisition in …

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