The Non-Entitled Shareholders have proposed that the total cash consideration for the Proposed WAC is to be funded by the Company's internally generated funds and/or via bank borrowings to be obtained by Zecon.Datuk AmarHj Zainurin bin Hj Ahmad...
Section 339 of the Act addresses fraud offences and other relevant issues. To expand further, Section 339 makes fraud offences punishable by a fine, jail, or both. Section 339 discusses the following offences in detail: Business Fraud: According to Section 339, anybody who intentionally conducts ...
Section 2 of Companies Act, 2013, does not define the following: Principal Business Activities means those business activities which are mentioned under the main objects of the company Advance means literally a payment beforehand. In certain cases, it may be a loan but it cannot be said that ...
(5) In this section the expression “company” means any company liable to be wound up under this Law and the expression “arrangement” includes a reorganisation of the share capital of the company by the consolidation of shares of different classes or by the division of shares into shares o...
Section 178 of CA 2013 provides for Nomination and Remuneration Committee and Stakeholders Relationship Committee. Recently, we have discussed in detail section 177 (Audit Committee) of CA 2013. Today, we learn the provisions of section 178 of Companies Act 2013. The provisions of section 178 ...
Chapter XXVI(Section 406) of the Companies Act, 2013 (CA 2013) deals with the provisions related to Nidhis. Section 406 of CA 2013 provides for provision relating to Nidhis and its application, etc. Recently, we have discussed in detailsection 405(Power of Central Government to direct comp...
Should Australia Replace Section 181 Of the Corporations Act 2001 (Cth) With Wording Similar to Section 172 of the Companies Act 2006 (UK)? 来自 law.unimelb.edu.au 喜欢 0 阅读量: 59 作者: P Dermansky 摘要: Since that time, the `corporate social responsibility of companies' has been ...
According to Dunn, the same mover may act as an agent of an interstate moving company as well as a local or long-distance mover within a state, with the company names being different for the different types of moves. “A lot of interstate movers will affiliate themselves with a van line...
Much of Asia is also starting to be adversely affected by new US industrial and trade policies under the Inflation Reduction Act and the Chips and Science Act. A special report to accompany this ranking will be published in print and online on April 4, highlighting some of the fastest growing...
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...