CONVERSION OF PUBLIC TO PRIVATE COMPANY
I n the dynamic landscape of business and corporate governance, companies often find themselves planning structural changes to adapt to evolving ma…
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WHO IS PROMOTER? WHAT ARE THE PROVISIONS FOR REMUNERATION TO PROMOTER?
PROMOTER [ Sec 2(69) ]- Fiduciary relationship with company Promoter means a person (a) Who have been named as such in prospectus or in annual re…
EXCEPTIONS WHEN SUBSIDIARY CAN HOLD SHARES IN HOLDING COMPANY
As per the provisos laid down by Companies Act 2013, under section (19) subsidiary company cannot hold shares in holding companies. But there are …
EXCEPTION TO HOLDING & SUBSIDIARY COMPANIES
Subsidiary company: Section 2(87) Proviso to Section 2 (87) of the Companies Act, 2013 w.e.f. 20.09.2017. Section 2(87) of New Act was introduced w…
PRIVATE COMPANY DEFINITION, FEATURES
Definition of private company [Sec. 2(68)] ‘ Private company’ means a company having such minimum paid-up share capital as may be prescribed, and wh…
PRIVATE LIMITED COMPANY VS PUBLIC LIMITED COMPANY
Difference between Public Company and Private Company Basis Public Company Private Company Meaning A public limited company means a company that is…