How is the office of directors vacated?
Business

How is the office of directors vacated?

The directors regulate the corporate affairs of a public limited company. They are responsible for formulating plans, policies, and strategies. The office of a director…
Golden Rule of Framing a Prospectus
Business

Golden Rule of Framing a Prospectus

Golden Rule of Framing a Prospectus The ‘Golden Rule’ for framing of a prospectus was laid down by Justice Kindersley in New Brunswick & Canada…
Doctrine of Ultra Vires
Business

Doctrine of Ultra Vires

The doctrine of Ultra Vires The Doctrine of Ultra Vires is a fundamental rule of Company Law. The expression “ultra vires” consists of two words:…
Official Liquidator
Business

Official Liquidator

Official Liquidator A liquidator’s main function is to gather a company’s property and apply the assets in paying the company’s creditors and allocate any excess…
Winding up of a Company
Business

Winding up of a Company

Winding up of a Company The winding up or liquidation of a Company means the termination of the legal existence of a Company by stopping…
Difference between Annual General Meeting and Extraordinary General Meeting
Business

Difference between Annual General Meeting and Extraordinary General Meeting

Difference between Annual General Meeting and Extraordinary General Meeting An annual general meeting (AGM) is a formal meeting that is held by companies once every…
Differences between Share Warrant and Share Certificate
Business

Differences between Share Warrant and Share Certificate

Differences between Share Warrant and Share Certificate A share warrant is a negotiable instrument but a share certificate is not. Both share certificate and share…
Minutes of Proceeding
Business

Minutes of Proceeding

Minutes of Proceeding is an official record of the proceedings of a meeting, conference, convention, etc.  By the term, minutes is meant a written record…
Extraordinary General Meeting
Business

Extraordinary General Meeting

Extraordinary General Meeting An extraordinary general meeting or the EGM is a type of company meeting that is convened by the Directors of a company…
Statutory Meeting
Business

Statutory Meeting

Statutory Meeting Every public company limited by shares and every company by guarantee and having a share capital, must within a period of not less…
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