Meaning of Director as per the Companies Act, 1956A company is a legal entity and does not have any physical existence. It can act only through natural persons to run its affairs. The person, acting on its behalf, is called Director. A Director is an ..
Introduction:Meaning & Kinds: “Winding-up” in literal sense, means to bring to a conclusion or an end by putting in order.[1] It is defined as the process by which the life of a company is ended and its property is administered for the benefit of ..
India has developed very comprehensive and open policy towards Foreign Direct Investment (‘FDI’). Since the inception of economic reforms in early 1990s, substantive reforms have been initiated in the field of investment, trade, financial sector, exc ..
Feasibility of Online banking in IndiaThe red tapism in public sector banking and lesser consumer base is being attributed to as the reasons for the Indian banks to enter into the online banking this late. With the rapid development in the technologi ..
The alternative legal route to meet the above objectives i.e. revival/rehabilitation of the sick units or the liquidation of the company are incidental to industrialisation. Time has come that an institutional network and procedures must be evolved f ..
Transferability of shares is an important feature of incorporation of a Company. Section 82 of the Companies Act deals with the nature of shares and reads as follows:The shares or debentures or other interest of any member in a Company shall be movab ..
What is a Collective Investment Management Company (CIMC)? A Collective Investment Management Company is a company incorporated under the provisions of the Companies Act, 1956 and registered with SEBI under the SEBI (Collective Investment Schemes) Re ..
From where can I get details of companies proposing to buyback their shares?Listed companies are required to intimate the stock exchange of general meetings and resolutions passed thereof. Hence, information on companies proposing to buyback shares m ..
What is a Futures Contract? Futures contract means a legally binding agreement to buy or sell the underlying security on a future date. Future contracts are the organised/standardised contracts in terms of quantity, quality (in case of commodities), ..
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 10, 2008 to March 14, 2008.All Figures are in USD MillionsMERCHANTINTER BANKPositionDateSpotFCY/INRForwardFo ..
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