2020 (the "Bill") before the Lok Sabha on March 17, 2020, to introduce certain modifications to the Companies Act, 2013 (the "Act") with a view to promote ease of doing business and ease of living to corporates in India1. The proposed amendments under the Bill are based on the...
• 2013 Act permits AOA of a company to contain provisions relating to 'entrenchment'. An entrenchment clause is a provision which makes further amendments to AOA more difficult. 2013 Act provides that AOA of a company may contain provision for entrenchment whereby specified provisions of AOA ...
NOTICE PURSUANT TO SECTION 110 OF THE COMPANIES ACT, 2013Under the Companies Act, 2013, certain amendments have been made in respect of the provisions relating to creation of security to secure the repayment of the borrowings. As per provisions of Section 180(1)(a) of the Companies Act, ...
Chapter IX(Sections128–138) of the Companies Act, 2013 (CA 2013) deals with the provisions related to accounts of companies. Section 132 of CA 2013 provides for Constitution of National Financial Reporting Authority. Recently, we have discussed in detailsection 131(Voluntary revision of financial...
As discussed above, Section 11 of the Companies Act 2013 has been reintroduced as Section 10A of Companies (Amendment) Ordinance 2018 with some key amendments. Those amendments are as follows- Penalty on the company in case of non-compliance has been raised to ₹50...
COMPARATIVE ANALYSIS OF THE COMPANIES (AMENDMENT) ACT, 2015 WITH THE COMPANIES ACT, 2013. The Companies (Amendment) Bill, 2014 had been passed by the Lok Sabha on December 17, 2014, by Rajya sabha on May 13, 2015, received the president ass
UK Parliament - 《Stationery Office》 被引量: 0发表: 2013年 Companies Act 2006 669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art... M Arden 被引量: 0发表: 2015年 加载更多来源...
Under the Companies Act, 2013, certain amendments have been made in respect of the provisions relating to creation of security to secure the repayment of the borrowings. As per provisions of Section 180(1)(a) of the Companies Act, 2013 the Board of Directors of a Company is permitted to...
The Bill has suggested 87 amendments to the Companies Act, 2013. This suggestion was in addition to the already issued clarifications, circulars, notifications, amendment in Company Rules, removal of difficulty orders and the Companies Amendment Act, 2015. This article is a compilation and analysis...
and hardships caused by these frivolous legal proceedings demotivate several professionals from accepting board positions. Therefore, there is an urgent need to bring clearer amendments in the laws making a clear distinction between the roles and the liabilities of executive and non-executive directors....