Article

Doctrine Of Constructive Notice 

Introduction Section 2(20) of the Companies act, 2013 defines a company as “a company incorporated under this act or under any previous company law”. Incorporation is a legal procedure by which a company comes into existence. After the company has…

Share and Types of Share Capital 

Even though shares offer a potentially higher return, investing in the stock market is still not considered as a conventional manner of investment in India. A major rationale behind this is the lack of knowledge people have about the shares and the share market. In this article, we will be discussing shares and how a company generates capital through issuance of shares.

Lifting of Corporate Veil

Introduction The concept of ‘Corporations’ dates back to the 16th century when institutions were established for the public good and not for generating profits. These corporations were in the form of non- profit organizations, hospitals and educational institutions working for…

Forged Transfer

Shares, like every other movable property can also be transferred from one person to another. Section 56 of the Companies Act, 2013 (the ‘Act’) provides for a proper procedure which needs to be followed for the transfer of shares. Apart…

Why White- Collar Crimes Are Dangerous?

White-collar crime was first defined in the year 1939, by a sociologist and most influential criminologist of the 20th century, Edwin Hardin Sutherland, as “crimes committed by people who enjoy the high social status, great repute, and respectability in their occupation”. Associated with the corporate sector, white-collar crimes are defined as non-violent crimes, generally committed by businessmen and government professionals. In layman language, crimes committed by people who acquire influential positions in a company are termed white-collar crimes. India is a developing country and white-collar crimes are becoming a significant factor for its underdevelopment. The trend of white-collar crimes in India poses a threat to the economic development of the country. These crimes require prompt intervention by the government by not only making stringent laws but also ensuring their effective implementation.

Which Company Has To Appoint Nominee Directors?

Meaning and concept of a nominee director  A nominee director is a person appointed to the board of directors of a corporation by an institution, such as a bank or a financial institution, in which the institution has an interest.…

Which Companies Should Be Audited?

What is Audit?  “Audit” means to examine something thoroughly. “Auditing is an independent inspection of the financial information of any organization; whether profit-oriented or not profit-oriented, irrespective of its legal form, status or size when such examination is conducted with…

Under Which Act  Should A Company Get Itself Registered?

Meaning of a Company As per section 2(20) of the Companies Act, 2013 “company” means a company incorporated under Companies Act or under any previous company law. A company may be defined as “an incorporated association which is an artificial person, having…

Principles of Corporate Governance

“Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance…

Most common crimes committed by Corporations

Abstract In White collar crime, Corporate Crime is also classified as Organizational or Occupational Crime. The offence committed by the Corporation, as a separate legal body, varies from that of a normal individual, and the Corporation is responsible and guilty…