Register charges created with your company assets

(1) The “Charge” means an lien or interest created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage of their register charges. Register charges created with your company assets (2) Please note that the words “lien” and “interest” have to be understood in the context of the word “security” […]

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Privileges and exemptions enjoyed by a private companies

  Privileges and exemptions enjoyed by a private companies   (1) Under the section (12) two or more members (but not exceeding) may from a private company privileges. (2) Allotment of shares without announcing a prospectus or delivering to the registrar. An explanation in lieu of prospectus is permissible under the section (70). (3)Under the section(77) it can advance loans […]

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