Company laws in India

Company Laws in India

An Insight on India's Company Laws - TRIPS, Companies Bill, 2009, Mergers and Acquisitions, Incorporation of companies, Duties & Liabilities of a Company, Company laws Forms - Free Downloads
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Separate Legal Entity:

Limited Liability:

Perpetual Succession:

Separate Property:

Transferability of Shares:

Common Seal:

Capacity to sue and being sued:

Separate Management:

One Share-One Vote:

Filing of petition/appeals etc in National Company Law Tribunal

Types of Companies

  1. Public Company means a company which not a private company.
  2. Private Company means a company which by its articles of association:
    1. Restricts the right of members to transfer its shares
    2. Limits the number of its members to fifty. In determining this number of 50, employee-members and ex-employee members are not to be considered.
    3. Prohibits an invitation to the public to subscribe to any shares in or the debentures of the company.
    4. If a private company contravenes any of the aforesaid three provisions, it ceases to be private company and loses all the exemptions and privileges which a private company is entitled.

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