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 ...

List of various Tests of Adequacy of Index Number Formula Are: Unit TestTime Reversal TestFactor Reversal TestCircular Test Unit Test:  This test ...

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

Sweat equity shares means equity shares issued by a company to its employees or directors at a discount (to the market price) or for consideration other than ...

The doctrine of ‘Indoor Management’ states that an outsider is not bound to look into the formalities of company’s own internal functioning or the company’s ...

Abridged Prospectus: Abridged Prospectus means a memorandum containing such salient features of a prospectus as may be specified by the Securities and ...

Lifting of Corporate Veil, The term Corporate Veil means that in the eyes of law, company is a separate legal entity distinct from its members. Veil means a ...

Private Company As per Section 2 (68), of the Companies Act, 2013, a private company means a company which has minimum paid-up capital of rupees ...

A company is a legal person and is different from its members. The property of the company belongs to the company alone and the members can not claim ...