Author: Ben Eisen

Dividend and Accounts Notes Ch 8: Declaration & Payment of Dividend × 1. What is Dividend? (Sec 2(35)) Dividend is the return shareholders get on their investment, paid from the company’s profits….

Management and Administration Notes Ch 7: Management & Administration × 1. Registers (Sec 88) Every company must maintain registers for: Members (Form MGT-1) Debenture-Holders (Form MGT-2) Other Security Holders (Form MGT-2) Entries…

Registration of Charges Notes Ch 6: Registration of Charges × 1. What is a Charge? (Sec 2(16)) A ‘charge’ is an interest or lien created on the property or assets of a…

Acceptance of Deposits Notes Ch 5: Acceptance of Deposits × 1. What is a Deposit? (Sec 2(31)) A ‘deposit’ includes any receipt of money by way of deposit or loan or in…

Share Capital & Debentures Notes Ch 4: Share Capital & Debentures × 1. Kinds of Share Capital (Sec 43) Equity Share Capital: All share capital that is not preference share capital. It…

Prospectus & Allotment Notes Ch 3: Prospectus & Allotment × 1. How Companies Issue Securities Company Type Available Methods Public Company ✅ Public Offer, Private Placement, Rights/Bonus Issue Private Company ❌ No…

Incorporation Revision Notes Ch 2: Incorporation of Company × 1. Formation of Company (Sec 3) A company can be formed for any lawful purpose. Public Company: Requires 7 or more persons. Private…

Preliminary Revision Notes Ch 1: Preliminary × 1. Introduction The Companies Act, 2013 consolidates & amends company law. It extends to the whole of India. Provisions came into force on different dates…