n any meeting, the matters which are put for consideration are in the form of proposals and are called ‘motions’. In a meeting, any such ‘motion’ may be ...

Employees State Insurance Corporation (ESIC): Section 3 of the Employees’ State Insurance Act, 1948, provides for the establishment of Employees’ State ...

Interim Dividend. A dividend declared in between two Annual General Meetings of the company by the Board of Directors is known as ‘Interim Dividend’. ...

A Share Certificate is a document which specifies the shares held by any member of the company. It is issued by the company under its common seal. Every ...

Transfer of shares means the transfer of ownership of the shares from one person to another. Transfer of shares is effected by removing the name of the ...

Surrender is a short cut to forfeiture. Surrender of shares means voluntary return of shares by a member to the company. It is a short cut to the long ...

The Memorandum of Association of a company is its main or principal document. No company can be registered without it. It is regarded as a life-giving ...

Section 2(70) define the term prospectus in these word, a prospectus mean any document described or issued as prospectus and includes a red-herring prospectus ...

A depository is a company which has been granted a certificate of registration under the SEBI Act, 1992, to deal in securities. In simple words, it ...

Transmission of Shares:  Transmission of shares means transfer of shares on account of operation of law. Transmission of shares takes place in case of ...

Misleading Prospectus:  A prospectus constitutes the basis of the contract between the company and the shareholders and therefore, it must disclose all ...

Woman Director: Section 149 (1) provides that such class of companies, as may be prescribed, shall have at least one woman director. As per Section 149 (2), ...