There is no such necessity of number of gatherings to be held in a year according to the Companies Act of 2013 and SEBI LODR (Listing and Delisting of Securities). Anyway considering the job there ought to be something like 2 Meetings to be held in a year which implies first Meeting ough...
However, a firm may be a member of the company registered under this section The objective should be the promotion of sports, social welfare, the advancement of science and art, education and financial assistance to lower income groups The surplus generated must be used for meeting the ...
2014. Mr. R will hold office of Auditor from the conclusion of this meeting up to conclusion of sixth AGMi.e., AGM to be held in the year 2019. Now as per Section 139(2), Mr. R shall not be re-appointed as Auditor in XYZ Ltd. for further term of...
Section 8 is a non-profit organization registered under the Companies Act 2013. These organizations must use their profits only to promote their objects and not distribute them among members as dividends. Further, every section company must fulfill certain monthly, quarterly, and yearly compliances. ...
of securities of the company representing 25% or more of the combined voting power of the company's then outstanding securities or (b) individuals who were members of the Board of Directors of the Company immediately prior to a meeting of the shareholders of the Company involving a contest for...
Likewise, a shareholder cannot be sued on contracts made by the company, nor can a court compel a shareholder to vote at a company’s general meeting in such a way as to ensure that the company fulfils its contractual obligations, or prohibit the shareholder from voting in any other way....
We enclose herewith theAudited Standalone and Consolidated Financial Results of the Bank for the Quarter and Year ended March 31, 2024which was approved at the Bank's Board of Directors meeting held on May 02, 2024. Kindly take the same on your record. ...
(2) a style change that comes with the above is that the term "general meeting of shareholders", which refers to the shareholders' meeting of a joint-stock company under the current Company Law, is no longer used. ...
Companies Act, 2013 to the company at least 14 days before the meeting at which it is to be moved. 2. (a) Ensure that the notice for removal of a director is for a director other than a director appointed by the Tribunal under section 242 of the Companies Act, 2013. &n...Read ...
meeting of the company subject to division adopts a decision approving the above documents. Further, the division agreement must be signed by the shareholders of the predecessor company and by the future shareholders of the successor companies (section 84(3) of the Companies Act). 受分裂支配采取...