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 Shares in a company represent ownership, but they’re not all the same. In company law, it’s important to understand the different types of shares. The different types of shares a company issues can affect who controls the company, who gets to vote on decisions, and how profits are shared. Whether you’re starting a business and deciding on your share structure, or investing in a company, you need to know your options under company law. Let’s explore the world of shares in more detail. Ordinary Shares Ordinary shares, also known as common shares, are the most common type of  shares in a company . They form the foundation of a company’s ownership structure. If you own ordinary shares, you usually get to vote on big company decisions, like choosing directors or approving mergers. You might also receive a share of the company’s profits as dividends, but only after the company has paid any preference shareholders. In legal terms, ordinary shares are important for f...

 The incorporation of an entity in India’s oil and gas sector mandates strict adherence to a complex regulatory framework, encompassing corporate, environmental, and industry-specific compliance. Governed by statutes such as the Companies Act, 2013, the  Petroleum and Natural Gas Regulatory Board  Act, 2006, and the Environmental Protection Act, 1986, pre-incorporation compliance is indispensable to secure requisite approvals, mitigate legal risks, and ensure operational legitimacy.  This article delineates ten critical pre-incorporation compliance requirements for entities seeking to enter India’s oil and gas sector. 10 Essential Pre-Incorporation Compliance Steps for India’s  Oil and Gas Sector Establishing a company in  India’s oil and gas industry  requires meticulous adherence to various pre-incorporation compliance measures. These steps ensure legal conformity and lay a solid foundation for future operations. Below are ten critical c...