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Category : Foreign Collaboration And Joint Venture
JOINT VENTURES ABROAD company foreign india share investment JOINT VENTURES ABROAD Unlike joint ventures in India Joint venture undertakings are established abroad by the Indian entrepreneurs for building up an export potential for their products manufactured through foreign collaboration in the developing countries where there is a favorable political climate and a demand for the Indian products For this purpose the Government offers the following opportunities i opportunities to increase the export potential of the Indian company ii facility of repatriation to India of capital and dividend and royalty and remuneration earned outside India from joint ventures iii incentives under the Income tax Act iv Compliance with requirements for setting up joint ventures The following requirements will have to be complied with for setting up joint ventures abroad a Under Companies Act Since the Government ...
Capital Clause In A Memorandum Of A Limited Company
Category : Companylaw Moa
Precedent No 10 CAPITAL CLAUSE IN A MEMORANDUM OF A LIMITED COMPANY 1 The Capital of the Company is Rs divided into preference shares of each ordinary shares of each and deferred shares of each 2 The following rights shall be attached to the aforesaid sharesinterse subject as hereinafter provided a The said preference shares shall confer the right to fixcumulative preferential dividend at the rate of per cent per annum on the capital for the time being paid up thereon respectively and shall rank both as regards such dividend and as to capital in priority to all other shares in the original capital but shall not confer any further right to participate in profits or assets b Subject as aforesaid the ordinary shares shall confer on theholders the right to a fixed cumulative dividend at the rate of per cent per annum on the capital for the time being paid up thereon respectively and shall rank both as regards such dividend and as to capital next after the said preference s...
Pari Passu Charge Agreement Deeds Mortgages And Pledges 1660
Category : Deeds Mortgages And Pledges
Pari Passu Charge Agreement Tripartite Agreement This tripartite agreement is made this 5th day of June 1999 between Castings Ltd a company registered under the Companies Act 1956 having its Registered Office at 1 Netaji Subhash Road Calcutta 700 001 hereinafter referred to as the mortgagor which term shall unless repugnant to the context or meaning include its successors and assigns of the first part X Bank Ltd a Banking Company within the meaning of the Companies Act 1956 having its Head Office and carrying on business at 14 Netaji Subhash Road Calcutta 700 001 hereinafter called the bank which expression shall unless repugnant to the subject or context include its successors and assigns of the second part and ELH Financial Corporation Ltd a Company within the meaning of the Companies Act 1956 and having its Head Office and carrying on business at 9 Netaji Subhash Road Calcutta 700 001 hereinafter referred to as the corporation which term shall unless repugnant to th...
Debenture Trust Companies Act 1216
Category : Companies Act
Debenture Trust company trustee debenture mortgage holder DEBENTURE TRUST This Debenture Trust Deed is made this 29th day of May 1999 between X Co Ltd a company registered under the Companies Act 1956 having its registered office at hereinafter called the company which term shall include its successors of the One Part and Mr AB son of residing at and Mr CD son of residing at hereinafter called the trustees which term shall include their successors and the Trustee for the time being of the Other Part Whereas by clause sub clause of its Memorandum of Association the company is authorised to borrow or raise or secure the payment of money by the issue of debentures charged upon any of the company s properties And whereas the Directors of the company being duly empowered in that behalf by para of the Articles of Association of the company have decided by a resolution passed by the Board of Directors in the meeting of the Board held...
Agreement For Sale Of Substantial Number Of Shares In A Public Limited Company Companies Act 2005
Category : Companies Act
AGREEMENT FOR SALE OF SUBSTANTIAL NUMBER OF SHARES IN A PUBLIC LIMITED COMPANY Agreement for sale of substantial number of shares in a public limited company THIS MEMORANDUM OF UNDERSTANDING is made this day of 20 One thousand nine hundred and Ninety between X Y Co India Limited a Company incorporated under the Companies Act 1956 and having its Registered Office at hereinafter called the Seller which expression shall unless excluded by or repugnant to the context be deemed to mean and include its successors and Assigns of the FIRST PART X of Bombay residing at hereinafter called the Purchaser which expression shall unless excluded by or repugnant to the context be deemed to mean and include his heirs executors administrators legal representatives assigns and nominee of the SECOND PART and Y son of Late residing at and carrying on business as sole Proprie...
Pari Passu Agreement Between Lending Institutions Deeds Mortgages And Pledges 1659
Category : Deeds Mortgages And Pledges
PARI PASSU AGREEMENT BETWEEN LENDING INSTITUTIONS PARI PASSU AGREEMENT BETWEEN LENDING INSTITUTIONS Consortium agreement This Agreement made at on this day of 20 between ABC Financial Corporation a statutory corporation constituted under the State Financial Corporation Act and having one of its local Head Offices at of the First Part 2 XYZ Bank a Banking Corporation constituted under the Banking Companies Acquisition and Transfer of Undertakings Act 1970 and having its Head Office at of the Second Part 3 BCD Bank Ltd a Banking Company registered under the Companies Act 1956 and having its Registered Office at of the Third Part 4 Bank of also a bank constituted under the said Act of 1970 and having its Head Office at of the Fourth Part all the above mentioned institutions being hereinafter collectively referred to as the Financial Institutions which expression wherever the context so permits shall me...
Memorandum Of Association Of An Electric Supply Company, Limited
Category : Companylaw Moa
Precedent No 8 MEMORANDUM OF ASSOCIATION OF AN ELECTRIC SUPPLY COMPANY LIMITED 1 The name of the Company is The Electric Supply Company Limited 2 The Registered Office of the Company will be situatedat in the State of 3 The objects for which the Company is established are i To carry on the business of an electric light and powerCompany in all its branches and the business of electricalengineers electricians engineers contractors manufacturers constructors suppliers of and dealers inelectric or other fans and in electrical and other appliances cables wires lines accumulators lamps and works and togenerate accumulate distribute and supply of electricity forthe purposes of light heat motive power and for all otherpurposes for which electric energy can be employed and tomanufacture and deal in all apparatus and things required for or capture of being used in connection with the generation distribution supply accumulation and employment ofelectricity inclu...
Notice By Advocate On Behalf Of Drawer To The Drawee Bank For The Wrongful Dishonouring Of Cheque Issued For The Application Money Of The Shares, Under Consumer Protection Act, 1986 119
Category : Notices
Notice by advocate on behalf of drawer to the drawee bank for the wrongful dishonouring of cheque issued for the application money of the shares under Consumer Protection Act 1986 Name Office Residence Date Regd A D U P C To 1 Bank Head Office Address 2 Bank Branch Office Address Subject Wrongful dishonouring of Cheque issued for the application of shares Sir Under instructions from and on behalf of my client M s Name and address who are the account holder in your bank vide Account No I have to serve you with the following notice 1 That as said above ...
Notice Under S. 154 For Closure Of Register 253
Category : Notices
Notice Under S 154 for closure of Register Limited Notice is hereby given that the Registers of Members and Share Transfer Register of the Company in respect of Preference and Enquiry Shares will remain closed from day of 20 day of 20 both days inclusive for the Twelfth Annual General Meeting to be held on the day of 20 notice and report of which are being sent to the Members individually Sd Secretary Registered Office Dated 20...
Summons For Directions To Convene A Meetingunder Section 391 Affidavits Affidavits Under Companies Act And Rules 403
Category : Affidavits Under Companies Act And Rules
See Rule 67 IN THE HIGH COURT AT Company Application No of 20 Applicant s Summons for directions to convene a meeting Under section 391 Let all parties concerned attend the Judge in Chambers on day the day of 20 at O clock in the noon on the hearing of an application of the abovenamed company or of the applicant s abovenamed for an order that a meeting or separate meetings be held at of Here enter the creditors or class of creditors e g debenture holders other secured creditors unsecured creditors etc or the members or class of members e g preference shareholders equity shareholders etc of which class or classes the meeting have to be held of the above company for the purpose of considering and if thought fit approving with or without modification a scheme of compromise or arrangement proposed to be made between the comp...
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