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Equity Shares
As per section 85(2) of the Companies Act, 1956, equity shares are defined as the…
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Types of Preference Shares
The important types of preference shares are as follows − Cumulative Preference Shares If dividend…
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Business Law – Shares
Through the course of time, Business Law has evolved in the field of the division…
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Definitions used in Articles
“Act of incorporation” refers to an act for the incorporation of International Air Transport Association.…
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Meaning of Association
Purpose of an Article The article of association contains the following details − ● The voting…
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Business Law – Articles of Association
Articles of Association is a document, which is mandatory for every company to prepare. It…
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What is a Company?
Organizations require huge investments. As the investments are big, the risks involved are also very…
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Contents of the Memorandum of Association
The contents of the Memorandum of Association are detailed out below. Purpose of Memorandum ● Shareholders…
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Clauses of Memorandums
The memorandum of association contains the following clauses − The Name Clause ● A company (being…
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Meaning of Memorandum of Association
The Memorandum of Association is considered as the constitution of a company. It provides the…