Alteration in the capital clause of Memorandum of Association of a company may be of the following types: 1. Alteration of Share Capital 2. Reduction in Share Capital 3. Reserve Capital or Reserve Liability 4. Variation of the Rights of Shareholders 5. Reorganisation of Capital. Type # 1. Alteration of Share Capital: Under Section 94 of the Companies Act, a [...]
After reading this article you will learn about:- 1. Meaning of Share Capital 2. Types/Nature of Share Capital 3. Classes. Meaning of Share Capital: The term capital usually means a particular amount of money with which a business is started. In Indian Companies Act, it has been used in different senses in various parts of the Act, but in general [...]
This article throws light upon the three main motives behind selling companies. The motives are: 1. Locating the Right Buyer 2. Secure Acceptable Terms of the Deal 3. Obtaining Satisfactory Autonomy. Motive # 1. Locating the Right Buyer: For entrepreneurs concerned about the company's future, this task involves locating the correct buyer — one whose objectives regarding the acquired firm [...]