If a company has no constitution, the company, each director and each member of the company shall have the rights, powers, duties and obligations as set out in the Act. And ‘if the company has a constitution, the company, each director and each member of the company s...
IntroductionIt is an admitted fact that ever since the companies Act, 2013 (hereinafter called �The Act�) and the slew of Rules there under notified by the MCA from time to time, have been set in motion, it has been an uphill task for cor
Due to a great number of mobile apps on the market, it becomes progressively more difficult for app businesses to make a profit from their apps. Hence, finding an alternative revenue channel becomes essential. Affiliate marketing companies allow marketers to leverage their established relationships wit...
Bearer shareswere another form of shares issued by PLCs in the U.K. but were abolished following theSmall Business, Enterprise, and Employment Act(SBEE) of 2015.4 These shares commonly came in the form of warrants—legal documents entitling the bearer to own the shares designated in...
The particulars of each person mentioned in the articles as first director of the company and his interest in other firms or bodies corporate along with his consent to act as director of the company shall be filed in Form No. DIR-12 along with the fee as provided in the Companies (Registr...
Section 73:Prohibition on acceptance of deposits from public Section 74:Repayment of deposits, etc., accepted before commencement of this Act Section 75:Damages for fraud Section 76:Acceptance of deposits from public by certain companies Section 76A:Punishment for contravention ofsection 73orsection 76...
GROUP PUBLIC LIMITED COMPANY Incorporated 28 November 2016 BA388/360/AC#36870562.6 Companies Act 2014 A PUBLIC COMPANY LIMITED BY SHARES MEMORANDUM OF ASSOCIATION - of- BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY (Adopted by special resolution on 31 March 2017 with effect from 7 July 2017) 1....
In that case, phantom shares may be ruled illegal because of the Employee Retirement Income and Security Act (ERISA). Employee stock ownership plans (ESOP) and 401(k) plans are qualified plans that are considered legal under ERISA. However, ERISA prevents non-qualified plans from acting like ...
COMPARATIVE ANALYSIS OF THE COMPANIES (AMENDMENT) ACT, 2015 WITH THE COMPANIES ACT, 2013. The Companies (Amendment) Bill, 2014 had been passed by the Lok Sabha on December 17, 2014, by Rajya sabha on May 13, 2015, received the president ass
You could be moving from a community that borders a state to 10 miles over the state line, and that would be considered an interstate move. The companies in our rating all provide interstate moving services. According to Dunn, the same mover may act as an agent of an interstate moving ...