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...
Articles of Association- Section 5 of the Companies Act, 2013
Section 5 of the Companies Act, 2013: Articles (1) The articles of a company shall contain the regulations for management of the company....
Section 4 of the Companies Act, 2013- Memorandum
Section 4 of the Companies Act, 2013:- Memorandum 2: 4 (b) the State in which the registered office of the company is...
Section 3A of the Companies Act, 2013-Members severally liable in certain cases
Section 1 Amendment 1.Inserted by The Companies (Amendment)Act,2017 :- Effective From 09 February 2018
Section 3 of Companies Act, 2013: Formation of Company
Section 3 of Companies Act, 2013: Formation of Company (1) A company may be formed for any lawful purpose by— (a) seven...