On December 29, 2023, the National People’s Congress promulgated the long-awaited amendment to the Company Law of the People’s Republic of China (the “New Company Law”). After several rounds of public comments sinc...
Federal Court amends the principles for amendment of pleadings The Federal Court decision inHong Leong Finance Bhd v Low Thiam Hoe and another appeal[2015] 8 CLJ 1 sets out a significant clarification on the principles for amendment of pleadings very close to trial (as opposed to amending plea...
PRC Company Law AmendmentJulian Zou
On 24 December 2021, the standing committee of the National People’s Congress published the draft of the amendment of China’s Company Law (the “Draft Amendment”) to hear public comments. After its enactment in 1993, the Company Law has been amended for four times. Among which the amendm...
1. Overview of the 2024 China Company Law Approved on December 29, 2023, the sixth amendment tothe China Company Lawis now in force sinceJuly 1, 2024. This Law is the reference text also governing foreign investment and shareholdings in China. It impacts all companies in the PRC and introd...
The MCA department has shared the order for the constitution of the company law committee. Read Order 04th September 2023 The MCA department has published notification F.No.01/03/2021-CL-V (Pt.IV) related to the second amendment rules. Read more 24th August 2023 The MCA circular no. 08/...
For accounting periods beginning on or after 6 April 2008, equivalent provisions on eligibility apply undersection 467ofCA 2006. However, the new legislation includes a small amendment to the definition of an ineligible group, so that it becomes a group where any of the members is: ...
On 29th December 2023, the NPC’s Standing Committee adopted an amendment to China’s Company Law, due to take effect on 1st July 2024. This decision follows several years of draft amendments and deliberations stretchin...
Finally, a minor amendment was made in 2003 to section 391, making it clear that relief can be given in respect of a director's liability to account for profits. Conclusion The recent rounds of amendments have brought about radical change. It will be some time before ...
Companies Act in PDFupdated by companies recent amendment acts is available for students and professionals. I am pleased to inform you that latest edition i.e.October 2024 Editionof my eBook on the Companies Act, 2013 is available for sale. ...