(adsbygoogle = window.adsbygoogle || []).push({}); Section 62(1(C) of the Companies Act 2013 read with Rule 13 of Companies (Share Capital and Debentures) Rules 2014 enables issue of shares to persons other than the existing shareholders/employees as specified in Section 62(1)(a) and Section 62(1)(b), provided if the same is approved by special resolution and subject to … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); An equity share with differential rights is like an ordinary equity share, but it provides fewer voting rights to the shareholder. The difference in the voting rights can be achieved by reducing the degree of voting power. Companies issue equity share with differential rights for [prevention of a hostile takeover … Read more
Procedure For E-voting by Shareholders Companies Act 2013 Section 108 provides that the Central Government may prescribe the class or classes of companies and manner in which a member may exercise his right to vote by the electronic means. (adsbygoogle = window.adsbygoogle || []).push({}); As per Rule 20(1), every listed company or a company having … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); Section 109 provides that:— Before or on the declaration of the result of the voting on any resolution on show of hands, a poll may be ordered to be taken by the Chairman of the meeting on his own motion, and shall be ordered to be taken by him on … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); Sections 230 to 232 provide set of provisions, which specially deal with the amalgamation of companies and provide procedures through which the proposals of amalgamation, merger, reconstruction, compromise and arrangement may be placed before the Tribunal for sanction. Sections 230 to 232 are intended to be in the nature of … Read more
There are mainly two types of entry strategy for foreign businesses in India, registration of a company or establishing a branch/liaison office. (adsbygoogle = window.adsbygoogle || []).push({}); Incorporation of a Wholly Owned Subsidiary is the easiest and fastest type of India entry strategy for foreign nationals and foreign companies. Foreign direct investment of upto 100% into … Read more
