Section 146 CAMA 2020 Section 146 Companies and Allied Matters Act is about Issue of shares at a discount. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Issue of shares at a discount It is unlawful for a company to issue shares…
Section 145 CAMA 2020 Section 145 Companies and Allied Matters Act is about Issue of shares at a premium. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Issue of shares at a premium (1) Shares of a company may be issued at…
Section 144 CAMA 2020 Section 144 Companies and Allied Matters Act is about Issue with rights attached. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Issue with rights attached Without prejudice to any special rights previously conferred on the holders of existing…
Section 143 CAMA 2020 Section 143 Companies and Allied Matters Act is about Issue of classes of shares. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Issue of classes of shares (1) A company may, where so authorised by its articles, issue…
Section 142 CAMA 2020 Section 142 Companies and Allied Matters Act is about Pre-emptive rights of existing shareholders. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Pre-emptive rights of existing shareholders (1) A company shall not in any event allot newly issued…
The Role of Blockchain Technology in Revolutionizing Contracts and Transactions This article is particular to India BLOCKCHAIN: WHAT IS IT? A blockchain is just a series of blocks where basically Blocks are bits of digital data, and the chain is a public database. Still perplexed? Blocks maintain transactional information like date, time, and sales volume. Each…
Indian Cases on Professional Misconduct According to Darling J. in Re A Solicitor Ex parte the Law Society, [1912] 1 KB 302, professional misconduct is infamous conduct in a professional respect. However, negligence by itself is not professional misconduct. This post contains excerpts of the decisions of the Supreme Court of India in cases relating…
Section 141 CAMA 2020 Section 141 Companies and Allied Matters Act is about Power of companies to issue shares. It is under Issue Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Power of companies to issue shares Subject to any limitation in the articles of a…
Section 140 CAMA 2020 Section 140 Companies and Allied Matters Act is about Prohibition of non-voting and weighted shares. It is under Chapter 8 (Shares and Nature of Shares) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Prohibition of non-voting and weighted shares (1) Unless otherwise provided by any other enactment,…
Section 139 CAMA 2020 Section 138 Companies and Allied Matters Act is about Shares as transferable property. It is under Chapter 8 (Shares and Nature of Shares) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Shares as transferable property The shares or other interests of a member in a company are…