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Format of AOA (Article of Association) as per New Companies Act 2013mystartupvakil.com
Dear All
As you all know 98 sections of the Companies Act 2013 has been implemented w.e.f. 12th Sep 2013, therefore all ROC are asking changes in AOA. I am sharing a draft form of AOA. Kindly note that there is no change in MOA you can still use the old MOA.
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Format of AOA (Article of Association) as per New Companies Act 2013mystartupvakil.com
Dear All
As you all know 98 sections of the Companies Act 2013 has been implemented w.e.f. 12th Sep 2013, therefore all ROC are asking changes in AOA. I am sharing a draft form of AOA. Kindly note that there is no change in MOA you can still use the old MOA.
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Format of moa new companies act 2013 ( moa as per companies act 2013 )mystartupvakil.com
Format of Memorandum of Association as per New Companies Act 2013. For more please visit my blog : http://newcompaniesact2013.blogspot.in/
MOA as per companies act 2013
Law of partnership, characterstics of partnership, kinds of partnership and t...FAST NUCES
The presentation is about the law of partnership and its lawful definition. it also proves information about the characteristics of partnership. Moreover, it also contains the test of partners in a partnership. it also has ideal partnership and kinds of partnership.
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A detailed draft provided for a Sub-Contract Agreement that can be used as a base and guideline for all sub-contract or works contracts in any country.
Examples of UAE law are mentioned as this document was created by me due to my association with an organisation in the UAE.
In this ppt you will get all the information regarding Plaint. I tried to summaries this important topic within 10 slides. I hope you will find this informative and helpful. If something i forgot to be mentioned in slides or something you no more than that please let me know so i can also learn from you guys.
Thank you!
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Format of moa new companies act 2013 ( moa as per companies act 2013 )mystartupvakil.com
Format of Memorandum of Association as per New Companies Act 2013. For more please visit my blog : http://newcompaniesact2013.blogspot.in/
MOA as per companies act 2013
Law of partnership, characterstics of partnership, kinds of partnership and t...FAST NUCES
The presentation is about the law of partnership and its lawful definition. it also proves information about the characteristics of partnership. Moreover, it also contains the test of partners in a partnership. it also has ideal partnership and kinds of partnership.
EQUIPMENT SALE AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
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HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
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VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
A detailed draft provided for a Sub-Contract Agreement that can be used as a base and guideline for all sub-contract or works contracts in any country.
Examples of UAE law are mentioned as this document was created by me due to my association with an organisation in the UAE.
In this ppt you will get all the information regarding Plaint. I tried to summaries this important topic within 10 slides. I hope you will find this informative and helpful. If something i forgot to be mentioned in slides or something you no more than that please let me know so i can also learn from you guys.
Thank you!
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Memorandum of association and Articles of association and partnership deed an...Aniruddha Dey
An study on memorandum of association and Articles of association. It contains the difference between memorandum of association and Articles of association, partnership deed and sales agency agreement and effects of registration of Memorandum of association and Articles of association while incorporating a business. All precisely.
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CA NOTES ON RISK, RETURN AND PORTFOLIO PRACTICALS OF STRATEGIC FINANCIAL MODE...Kanoon Ke Rakhwale India
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RIGHTS OF VICTIM EDITED PRESENTATION(SAIF JAVED).pptxOmGod1
Victims of crime have a range of rights designed to ensure their protection, support, and participation in the justice system. These rights include the right to be treated with dignity and respect, the right to be informed about the progress of their case, and the right to be heard during legal proceedings. Victims are entitled to protection from intimidation and harm, access to support services such as counseling and medical care, and the right to restitution from the offender. Additionally, many jurisdictions provide victims with the right to participate in parole hearings and the right to privacy to protect their personal information from public disclosure. These rights aim to acknowledge the impact of crime on victims and to provide them with the necessary resources and involvement in the judicial process.
DNA Testing in Civil and Criminal Matters.pptxpatrons legal
Get insights into DNA testing and its application in civil and criminal matters. Find out how it contributes to fair and accurate legal proceedings. For more information: https://www.patronslegal.com/criminal-litigation.html
PRECEDENT AS A SOURCE OF LAW (SAIF JAVED).pptxOmGod1
Precedent, or stare decisis, is a cornerstone of common law systems where past judicial decisions guide future cases, ensuring consistency and predictability in the legal system. Binding precedents from higher courts must be followed by lower courts, while persuasive precedents may influence but are not obligatory. This principle promotes fairness and efficiency, allowing for the evolution of the law as higher courts can overrule outdated decisions. Despite criticisms of rigidity and complexity, precedent ensures similar cases are treated alike, balancing stability with flexibility in judicial decision-making.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
ASHWINI KUMAR UPADHYAY v/s Union of India.pptxshweeta209
transfer of the P.I.L filed by lawyer Ashwini Kumar Upadhyay in Delhi High Court to Supreme Court.
on the issue of UNIFORM MARRIAGE AGE of men and women.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
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1. BUSINESS INVESTMENT AGREEMENT
This Business Investment Agreement (hereinafter referred to as the “Agreement”)
made this [N]th day of [MONTH], [YEAR] (hereinafter referred to as the “Effective
Date”) is executed by and between:
[NAME OF COMPANY], a startup company engaged in the business of [SPECIFY
TYPE OF BUSINESS ENGAGEMENT] doing operations at the following business
address: [COMPLETE BUSINESS ADDRESS OF COMPANY] (hereinafter referred
to as the “Company”);
AND
[NAME OF INVESTOR], an individual engaged in the business of [SPECIFY TYPE
OF BUSINESS ENGAGEMENT] with principal place of business at [COMPLETE
BUSINESS ADDRESS OF INVESTOR] (hereinafter referred to as the “Investor”)
OR [NAME OF INVESTOR], a company duly organized and existing under the
laws of [STATE/PROVINCE] with principal place of business at [COMPLETE
BUSINESS ADDRESS OF INVESTOR] (hereinafter referred to as the “Investor”).
WHEREAS, Company, being a startup business with activities related to
[SPECIFY COMPANY’S BUSINESS ENGAGEMENT], desires to have Investor put
up a certain sum of capital investment (hereinafter referred to as the “Capital
Investment”) for the purposes expressed and stated in this Agreement;
WHEREAS, Investor acknowledges and agrees to invest Capital Investment for
the purposes expressed and stated hereto, in accordance to the terms and
conditions set forth in the same, provided that Investor shall be afforded
subscription to certain number of shares in the capital of Company;
WHEREAS, Company agrees that Investor shall subscribe for shares in the
capital of Company, in accordance to the terms and conditions set forth in this
Agreement;
NOW, THEREFORE, in view of all the foregoing premises, covenants, and
understandings, and for all other good and valuable consideration, the parties
hereby agree as follows:
1. Investment
2. b. Subject to the terms and conditions set forth in this Agreement, Investor
shall provide to Company the amount of [AMOUNT IN WORDS] ([AMOUNT
IN NUMBERS]) as Capital Investment for the use of Company in its
operations relating to its engagement of the business of [SPECIFY TYPE
OF BUSINESS ENGAGEMENT].
c. Investor shall be afforded [SPECIFY PERCENTAGE] % of Company’s
capital stocks corresponding to the Capital Investment amount. All terms
and conditions governing Investor’s capital stocks in Company shall be
provided in a separate Stockholder’s Agreement shown in Exhibit A of this
Agreement.
d. Company shall have no restrictions regarding its use of the Capital
Investment, with the exception of use on activities and operations
unrelated to Company’s conduct of business and/or improper, illicit or
illegal activities.
e. Investor shall pay FIFTY PERCENT (50%) the Capital Investment
(hereinafter referred to as the “Advance Capital”) to Company upon the
Effective Date. The remaining fifty percent (50%) shall be paid by Investor
to Company [NUMBER] months after the payment of the Advance Capital.
f. The Advance Capital shall be deemed non-refundable and non-returnable
upon payment of the same by Investor to Company.
g. The payment shall be made in the form of [SPECIFY: CASH, CHECK, BANK
TRANSFER, and OR ANY OTHER MODE OF PAYMENT].
2. Term
This Agreement shall commence on the Effective Date and shall continue until
[SPECIFY DATE] (hereinafter referred to as the “Termination Date”), unless
otherwise terminated by either or both parties of this Agreement prior to the
Termination Date.
3. Purposes
3. Company represents and warrants to Investor that the Capital Investment shall
be used by Company in its conduct and operation of business, which shall
require reasonably large sums, and shall include but not limited to:
[SPECIFY ACTIVITY OF BUSINESS OPERATION];
[ADD MORE AS NEEDED].
4. Authority to Enter into Agreement
Company represents and warrants to Investor, and Investor represents and
warrants to Company, that they have the power and legal authority to enter into
this Agreement and perform all their obligations set forth in this Agreement.
5. Own Resource
Investor represents and warrants to Company that the Capital Investment it
shall pay to Company under this Agreement is from Inventor’s own financial
resources, and is not a loan from third persons or parties or acquired by Investor
through illegal or illicit means.
6. Expenses
All expenses incurred in the performance of obligations of this Agreement shall
be covered by the party requesting for any special action performed.
7. Notices
All notices required to be given under this Agreement shall be deemed to have
been properly given when done in writing and duly effective on the date of
delivery when given in person or [NUMBER] days if mailed through postage,
certified, or first-class mail to the following respective addresses:
To Company:
Attention: [NAME OF ADDRESSEE]
[COMPANY‘S COMPANY NAME]
4. [COMPLETE ADDRESS OF COMPANY]
[DEVELOPER’S FAX NUMBER]
To Investor:
Attention: [NAME OF ADDRESSEE]
[INVESTOR’S COMPANY NAME]
[COMPLETE ADDRESS OF INVESTOR’S COMPANY]
[INVESTOR’S FAX NUMBER]
8. Confidentiality
Any and all parts of this Agreement, including all attachments hereto, shall be
strictly construed as and deemed confidential in nature. Neither Company nor
Investor shall have the right and entitlement to disclose any information and
detail in relation to the Agreement, the Investment herein contained and
represented, and all related materials and documentation. Such disclosure shall
be considered a material breach of this Agreement and shall be subject to further
action by the aggrieved party.
9. Waiver, Amendment or Modification
No waivers, amendments and/or modifications to this Agreement shall be
deemed valid and/or binding unless expressed in writing and agreed upon and
signed voluntarily by both Company and Investor.
10. Severability
Any invalidity, in whole or in part, of any provision of this Agreement shall not
affect the validity of the remaining provisions.
11. Force Majeure
Non-performance by either party shall be excused if and only performance is
rendered impossible by strike, fire, flood, earthquake, or governmental acts,
orders or restrictions. However, any such non-performance shall be cause for
5. termination of this Agreement by the other party if the non-performance
continues for more than [NUMBER] days.
12. Assignment
This Agreement may only be assigned by Company or Investor to a successor in
business of essentially all assets of Company or Investor. Otherwise, the same
may not be assigned to an unrelated third party.
13. Nature of Relationship
Investor’s relationship with Company, and the Company’s relationship with
Company, shall only be limited to the provisions set forth in this Agreement (i.e.
Investment terms agreed upon). No provision in this Agreement shall constitute
an understanding that the relationship between both parties is by nature
employer and employee, or that they are joint business venture partners.
14. Applicable Law
This Agreement shall be governed by the laws of the [STATE/PROVINCE]
applicable to agreements negotiated, executed and performed wholly within
[STATE/PROVINCE].
15. Captions
All marginal headings and numbers to the articles, sections, and subsections in
this Agreement are for the sole purpose of convenience of reference and shall not
in any way affect the construction or interpretation of this Agreement.
16. Entire Agreement
This Agreement constitutes the entire agreement by and between Company and
Investor, and supersedes all prior communications, understandings,
representations, and agreements, either written and/or oral with respect to all
matters covered in the Agreement.
6. IN WITNESS WHEREOF, the parties have executed this Agreement at [CITY],
[STATE/PROVINCE] on the day and year first above written.
[SIGNATURE OF COMPANY A.R.*] [SIGNATURE OF INVESTOR]
[NAME OF COMPANY A.R.] [NAME OF INVESTOR]
[COMPANY NAME] [COMPANY NAME]
Company Investor
[ATTACH EXHIBIT A: STOCKHOLDER’S AGREEMENT]
[ATTACH ALL OTHER EXHIBITS, SCHEDULES, ANNEXES, AS NEEDED]