PRIVATE PLACEMENT OF SHARES

The private placement of shares is one out of the most well-known strategies embraced by different organizations to raise assets from the financial backers or general population. Companies, who are keen on fund-raising with the most straightforward and fastest way…

LALITHAMBA BAI v HARRISONS MALYALAM LTD.

Petitioner: Lalithamba Bai Respondent: Harrisons Malyalam Citation: (1988) 63 Comp Cas 662 Decided in: Kerala High Court Before: Varghese Kalliath, J. INTRODUCTION The Companies Act isolates the definition of the term “members” into three classes. As indicated by Sec. 41…

CLASSIFICATION OF SHARE CAPITAL

To start with the classification of share capital it is important to understand the meaning of certain terminology which plays an important role if we start digging deep inside the Company Law. As per the bookkeeping, the term ‘capital’ means…

HERDILIA UNIMERS LTD. v RENU JAIN

Petitioner: Herdilia Unimers Respondent: Renu Jain Decided By: High Court of Rajasthan Citation: (1998) 92 Comp Cas 841 Judges: V. K. Singhal, J. INTRODUCTION Acquiring another different legitimate substance or control over the affairs of the organization should be made…

BALKRISHAN GUPTA v SWADESHI POLYTEX LTD.

Appellant: Balkrishan Gupta Respondent: Swadeshi Polytex Ltd. Citation: (1985) 58 Comp. Cas. 563 Decided by: Supreme Court Judges: E. S. Venkataramiah and Sabyasachi Mukharji, JJ. INTRODUCTION The Companies Act isolates the definition of the term the member into three classes.…