Parliament has passed the Companies (Amendment) Bill, 2019. What are the amendments proposed? The Companies Act, 2013 provided that certain classes of public companies are required to issue shares in a dematerialised form (Demat) only. The Bill expands the ambit of this provision for other classes of unlisted companies as well. The bill categorises 16 ..
The companies registered under the Companies Act 1956 (Now Companies Act 2013) in India are of three types as follows: Unlimited Company Company Limited by Guarantee Company Limited by Shares: These are of two types- Private company Public Company Unlimited Company The unlimited company is a company where there is no limit on the liability of ..