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In the earlier issue we have discussed on section 41 of the Companies Act, 1956 which deals with the definition of Member and in the present issue we shall proceed with Section 46 of the Companies Act, 1956 which deals with Contracts and deeds, investments, seal, etc and also with section 47 which deals with …

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Lets Analyze

In the earlier issue we discussed from Sections 26 to 36 of the Companies Act, 1956 which deals with the Articles of Association and in the present issue we shall proceed with Section 41 of the Companies Act, 1956 which deals with the definition of a member. Query # 1: If the subscribers to memorandum …

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Lets Analyze

We discussed on Section 25 of the Companies Act, 1956 in the earlier issue and in the present issue we shall proceed with Sections 26 to 36 which deals with the Articles of Association. Query # 1 : Normally articles constitute a contract between members and the company, but whether the articles can also constitute …

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Lets Analyze

In the earlier issue we have discussed on section 22 & 23 of the Companies Act, 1956 and in the present issue we shall proceed with section 25 which deals with Charitable Companies or power to dispense with “Limited” in name of charitable or other company. Query # 1 : Only members of an association …

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Lets Analyze

In the earlier issue we have discussed on section 17 of the Companies Act, 1956 and in the present issue we shall proceed with section 22 & 23 which deals with the rectification of name of Company and registration of change of name respectively. Query # 1 : Where Registrar of Companies directed petitioner-company to …

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Lets Analyze

In the earlier issue we have discussed on Section 13 of the Companies Act, 1956 and in the present issue we shall proceed with section 17 which deals with the alteration of Objects clause in the Memorandum of Association. Query # 1 : If the business remains substantially same and additions, alterations and changes are …

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Lets Analyze

In this issue we shall proceed to Section 13 from Section 11 which was discussed in the earlier issue. This section of the Companies Act, 1956 deals with the requirements with respect to the Memorandum. Query # 1 : Whether a suit filed by the shareholder for declaration of true meaning of clause in Memorandum …

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Lets Analyse

In the earlier issue we have discussed on Section 10 of the Companies Act, 1956 and in the present issue we shall proceed with Section 11 of the Companies Act, 1956 which deals with prohibition of associations and partnerships exceeding certain number. Query # 1 : In case of partnership which consists of more than …

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Lets Analyze

In the earlier issue we have discussed about Section 10 of the Companies Act and in the present issue also we shall proceed with the same section which deals with the Jurisdiction of Courts. Query # 1 In case of offense punishable under section 113 of the Companies Act, 1956, whether cause of action would …

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Lets Analyze

In the earlier issue, we discussed on Section 5 of the Companies Act, 1956 and in the present issue we shall proceed with Section 10 of the Companies Act, 1956 which deals with the Jurisdiction of Courts. Query No 1 : Where a Company removed the plaintiff from Board of Directors and subsequently shifted its …

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