Directors, as the word suggests, are a special group of people who direct the company.…

Buy-back of shares refers to the buying of sold shares. In case of buy-back, the…

Transfer of shares is a voluntary act. It is the phenomenon of transferring the ownership…

As per section 85(2) of the Companies Act, 1956, equity shares are defined as the…

The important types of preference shares are as follows − Cumulative Preference Shares If dividend…

Through the course of time, Business Law has evolved in the field of the division…

“Act of incorporation” refers to an act for the incorporation of International Air Transport Association.…

Purpose of an Article      The article of association contains the following details − ●      The voting…

Articles of Association is a document, which is mandatory for every company to prepare. It…

The contents of the Memorandum of Association are detailed out below. Purpose of Memorandum ●      Shareholders…