Section 74 CA 2016 reads, ‘All shares issued before or upon the commencement of this Act shall have no par or nominal value.’.Nevertheless, a member who did not fully pay up on their shares before 31 January 2017 would still be liable to the company for the unpaid a...
“competent official” means the person appointed by the Minister for the execution of this Act;“Minister” means the Minister having charge and control of the execution of this Act. Section 5. In the case where this Act prescribes that any person shall submit documents or report particulars ...
Also Read:Section 47 Voting rights – Companies Act 2013 The first amendment to this Act has received the assent of the President on May 25, 2015 and may be called the Companies (Amendment) Act, 2015 (21 of 2015). Thereafter, the Companies (Amendment) Act, 2017 enacted by Parliament in ...
Section 2 of Companies Act 2013: Definitions Section-2(1) Abridged Prospectus: Section-2(2) Accounting Standards: Section-2(3) Alter or Alteration: Section-2(4) Appellate Tribunal: Section-2(5) Articles: Section-2(6) Associate Company: ...
Section 74 CA 2016 reads, ‘All shares issued before or upon the commencement of this Act shall have no par or nominal value.’.Nevertheless, a member who did not fully pay up on their shares before 31 January 2017 would still be liable to the company for the unpaid am...
Section 349(4) of the Companies Act 1985: an outdated Victorian legacyGriffin, S
provisionsofSection42Aof the Companies Act1981. ciamgroup.com ciamgroup.com (g) 根據一九八一年公司法第42A條,本公司有權購買其本身股份;2) 根據《一九八一年公司法》 第42A條,本公司有權購買其本身股份; 股份有限公司可在符合法例或其章程大網任何條款的情況下,行使以下所有或任何權力 ...
9. Allotment or issue of shares (a) Section 66(4) of the Act shall not apply to the Company. (b) Subject to the provisions of the Act, (including Section 1026(4)) relating to authority, pre-emption or otherwise in regard to the issue of, or the grant of options over, or other...
nothing in this section shall operate to deprive any person of any exemption or right to be indemnified in respect of anything done or omitted to be done by him while the said provision was in force before the commencement of this Act; and a company may, in pursuance of the said provision...
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 th...