How to induction of a member of a company?

One can be a member of a company by any of the ways mentioned hereunder: 1. by subscribing to the memorandum of association  2. by agreeing in writing  - by application and allotment of shares  - by taking a transfer of shares - by transmission of shares  3. By holding...

Who can become a member of a company?

Every Company is comprised of members though in the contemplation of law a Company is an entity distinct from its constituent members. In all important matters a Company can act only through its members. Only members of a Company are entitles to receive a notice of annual and other general meetings,...

Why a Company is Incorporated?

To prevent the mischief arising from large trading undertaking being carried on by large fluctuating bodies, so that persons dealing with them would not know with whom they are contracting and so might be put to great difficulty and expanse. This was a public mischief to be redressed. One difficulty...

Types of Meetings of the Company

The company has been conducted different types of meetings for different purpose conducting by different group of management body of the company. The following meeting has been conducted of the compan...