Section 8 of the Companies Act 2013
Section 8 of the Companies Act, 2013:- Formation of Companies with Charitable Objects, etc. (1) Where it is proved to...
Company Law
Section 7 of the Companies Act, 2013:- Incorporation of Company
Section 7 of the Companies Act, 2013:- Incorporation of Company (1) There shall be filed with the Registrar within whose jurisdiction the...
Section 6 of the Companies Act:- Act to Override Memorandum, Articles, etc.
Section 6 of the Companies Act:- Act to Override Memorandum, Articles, etc. Save as otherwise expressly provided in this Act—...
Subsidiary company
Section 2(87) of the Companies Act, 2013: “Subsidiary company” or “Subsidiary”, in relation to any other company (that is to say the holding...
Sweat equity shares
Section (88) of the Companies Act, 2013:- “Sweat equity shares” means such equity shares as are issued by a company...
Promoter means as per Companies Act
Section 2(69) of the Companies Act, 2013:- “Promoter” means a person— (a) who has been named as such in a...
Member means as per Companies Act
Section (55) of the Companies Act, 2013:- “Member”, in relation to a company, means— (i) the subscriber to the memorandum...
One Person Company Definition
Section (62) of the Companies Act, 2013:- “One Person Company” means a company which has only one person as a member; Section...
Paid-up share capital-Section 2(64) of the Companies Act
Section 2(64) of the Companies Act, 2013: “Paid-up share capital” or “share capital paid-up” means such aggregate amount of money...
Net worth Means
Section 2(57) of the Companies Act: “Net worth” means the aggregate value of the paid-up share capital and all reserves...