Indicate of the business in certain cases If the name is not in agreement with the companies principal objects as set out in its memorandum of association. If the company’s main business is finance, the name should be indicative of the particular finance activities. Offensive to any section of people The name should not be …
In terms of section 21, a company (public or private) may change its name by getting the approval of members by a special resolution and the approval of the central government. Manner of making change in name Change in name means change in the existing name of the company. The change may be made in …
Scrutinize applications for shares or debentures and place them before the board of directors or a committee of the board formed for the purpose. In the absence of any application for shares, there should be some written agreement like vendors agreement, collaborators agreement etc., in writing, agreeing to take up the shares. Send the intimation …
Your company wants to appoint an minimum of two independent directors in the following cases : (a) listed public company (b) unlisted public company (i) a paid up capital of Rs 10 crores or more (ii) turnover of Rs 100 crores or more (iii) outstanding loans of an amount in aggregate exceeding Rs.50 crores. If …
