Company law and secretarial practice important questions

  • What is a prospectus in company law?

    A prospectus is an essential disclosure document that a company has to issue at the time of issuing investment securities to the public.
    These formal documents provide detailed information to prospective investors about mutual funds, bonds, stocks, and other investment offerings to the public..

  • When a company incorporated under the Companies Act 2013 never dies except when it is wound up as per law?

    Perpetual Succession:
    An incorporated company never dies, except when it is wound up as per law.
    A company, being a separate legal person is unaffected by death or departure of any member and it remains the same entity, despite total change in the membership..

  • A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity.
    A company's business line depends on its structure, which can range from a partnership to a proprietorship, or even a corporation.

What is a legal framework governing company secretaries?

Lesson 21: Legal Framework Governing Company Secretaries Professionals are expected to conduct themselves in such a manner so as to uphold the grace, dignity and professional standing of their respective Institutes

Any commitment to complete a particular assignment as agreed by the person himself should be completed in a professional manner


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