In this regard, two sets of draft rules have been placed There are several provisions in the 2013 Act which state that the provision of a particular section is to come into effect from the commencement of 2013 Act. Any reference in a section of the 2013 Act, to the commencement of the...
Section 1, as per the Companies Act, 20131. (1) This Act may be called the Companies Act, 2013.(2) It extends to the whole of India.(3) This section shall come into force at once and the remaining provisions of this Act shall come into force on such date as the Central ...
Initially, there were 470 sections under 29 chapters with seven schedules in the Companies Act 2013. Currently the total number of sections increased to 484 (470-43+57) under 42 chapters in this Act. All 484 sections are notified by the Ministry of Corporate Affairs (MCA) including 47 sectio...
ANDREW KEAY,' Section 172(1) of the Companies Act 2006: an interpretation and assessment `, Sweet & Maxwell, 2007, The Company LawyerKeay, A. 2007. Section 172(1) of the Companies Act 2006: An interpretation and assessment. Company Lawyer 28(4): 106-110....
under“the Act”and is covered by Section 149(1) shall comply with such provisions within a period of 6 months from the date of its incorporation. Further as per interpretation Existing Companies are required to appoint women Director within a period of 1 year as desired by Section 149(2)...
(Part VI of the Act deals with ‘Liquidation’.) [2020] All ER (Comm) 565 (Re Systems Building Services). (seeVivendi SA v Richards[2013] BCC 711.) (seeCMS Dolphin Ltd v Simonet[2001] 2 BCLC 704.) Paragraph 397. Download Briefing ...
108 4 Section 54. 55. 56. 57. An Act to license and control finance companies and for matters connected therewith. [10th January 1968] PART I PRELIMINARY Short title 1. This Act may be cited as the Finance Companies Act. Interpretation 2. In this Act, unless the context otherwise ...
The RBI Act and the Insolvency Code are intricately related to the operation of the credit system of the country and must therefore, be given an expansive interpretation. According to the learned Senior Advocate, the RBI Circular is only an attempt to tell bank...
The Interpretation of the Director's Duty under Section 172 Companies Act 2006: Insights from Complexity Theory This article intends to explore how an empirical study on decision-making in a large Plc in the United Kingdom may provide some insights into the legal int... Ahmed Al-HawamdehIris ...
DISCLAIMER: The information given in this document has been made on the basis of the provisions of the Companies Act, 2013 and Rules made thereunder. It is based on the analysis and interpretation of applicable laws as on date. The information in this document is for gene...