Section 43. Subject to section 44, the board of directors may not dispose of the property received as payment on the subscription of shares of the company or expend the money received from payment on the subscription of shares in any business before the Registrar accepted the registration of th...
Any reference in a section of the 2013 Act, to the commencement of the 2013 Act is to be construed as a reference to the coming into force of that section and not necessarily with reference to the enactment of 2013 Act or 12 September 2013 or so on and so forth. This paper is ...
Bermuda Companies Act contains a consolidated version of the Companies Act 1981, incorporating all amendments to date. The most recent legislative updates include:an amendment to section 131 of the Companies Act 1981 made by the Companies Amendment Act 2024 deemed to have effect 1 January 2024 and...
Section 459 of the Companies Act 1985 - a code of conduct for the quasi-partnership?Hannigan, B
Section 339 of the Companies Act 2013 is a critical law that deals with unfair business practices in India. Simple to Understand Section 339 of the Companies Act Section 339 of the Companies Act 2013 (hereinafter referred to as “the Act”) is a significant clause that addresses India’s ...
See the UK Companies Act, Section 197(2), and similarly for quasi-loans in public companies, see Section 198(3). It may even be possible for the shareholders to bring a claim against the director of a sub-subsidiary called a ‘multiple derivative claim’. ...
(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 ...
As per provisions of Section 180(1)(a) of the Companies Act, 2013 the Board of Directors of a Company is permitted to exercise the said power with the consent of a Company by a special resolution only (as opposed to an ordinary resolution under Section 293(1)(a) of the Companies Act...
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 ...
The purpose of this study was to investigate the impact of the Companies Act 2015 in improving the ease of business registration in Kenya. The research que... JM Nduna 被引量: 0发表: 2017年 Back to the future : the reinstatement of deregistered companies and close corporations, section 82(...