There are two types of companies: Public Limited Company and Private Limited Company. When someone wants to set up a business in India, there are basically three ways to go about it: 1) Sole Proprietorship 2) Partnership Firm 3) Company (we’ll focus on Private limited company). In simple terms “Company” = “Limited Liability”. So let’s […]
This article written by Heena Malhotra from Symbiosis Law School is a discussion about Mergers & Acquisition and Corporate Restructuring. Corporate Restructuring When a company wants to change its capital or modify its services or mode of operation, it is when it undergoes Corporate Restructuring. Usually, this may be done when the company is not
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In this article we will learn about the doctrine of constructive notice and relevant case laws. But first, we will understand different meanings such as Constructive notice and MOA and AOA of a company. Memorandum and Articles of Association A company is a separate legal entity and certain rules have to be laid down for
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This essay will will concisely discuss about the concept of limited liability and specifically point out the economic and legal perspective. Concept Limited liability refers to the enabling provision of law that limits a member (or shareholder’s) liability towards the organisation and makes a clear demarcation between personal assets and the organisation’s assets. It saves
In this article, We’ll discuss legal procedures of merger, about board meetings, tribunals, advertisements, scheme of compromise, amalgamation, compromise rules, and a lot more. If you haven’t read the Introduction to this chapter, refer to the Meaning and Types of Mergers blog post. What are the Legal Procedures? Companies Act, 2013 Mergers & Acquisitions are
We have been observing many “Mergers & Acquisition” in-between the corporate houses in the past few years. Are these all about acquiring one another’s capital interest or is it much more? What are the legal procedures & tax implications of Mergers and Acquisition in India? Let’s find out. What does Merger Mean? A merger is