In this context, we refer to Section 179 of the Companies Act, 2013 which provides thatthe Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorized to exercise and do. Upon reading of the provision,...
This dissertation examined the question 'Has section 172 ("s172") of the UK's Companies Act ("CA") 2006 created an effective set of directors' duties'? Prior to the advent of s172 CA 2006, there was no statutory form of direction concerning directors' duties and obligations. However, wi...
More Headaches for Directors; Section 459 of the Companies Act 1985 and Partly Owned Subsidiariesdoi:10.54648/bula1994065
Harish P. Kamath Corporate Counsel & Company Secretary ACS 6792 EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013 Item No. 5 At the meeting of the Board of Directors of the Company held on 21st September, 2018, as recommended by the Nomination and Remuneration Committee,...
Section 197 and other applicable provisions, if any, of the Companies Act, 2013 ("Act"), as amended from time to time, a sum not exceeding one percent per annum of the net profits of the Company calculated in accordance with the provisions of Section 198 of the Act, be paid to and...
DIRECTORS' REPORT ON THE SECO/WARWICK GROUP'S OPERATIONS IN THE YEAR ENDED DECEMBER 31ST 2013 THE SECO/WARWICK GROUP Directors' Report on the operations of the SECO/WARWICK Group in the year ended December 31st 2013 The Management Board of SECO/WARWICK S.A. presents the Directors' Report on...
Note 2: Summary of significant accounting policies 2.1 Basis of preparation The financial statements of the Company have been prepared in accordance with Indian Accounting Standards ("Ind AS") specified under section 133 of the Companies Act, 2013 (the "Act") read with the Companies (Indian ...
Date of FilingDate of Dispatch of NoticeDate of Passing ResolutionSection (Companies Act 2013)Section (Companies Act 1956)Subject Matter of ResolutionResolution Agreed ByResolution TypeAdditional Documents Auditors of Shifa Import And Export This section contains auditors of a company over the years. Th...
Section snippets Chinese institutional development The proposition that directors should “act independently of argument, through a thoughtful and diligent decision-making process” has been a major preoccupation of scholars and authorities for several decades, and this practice has been prevalent worldwide...
CONTENTS Board of Directors Management's Discussion and Analysis Directors' Report Corporate Governance CEO Declaration on Code of Conduct CEO & CFO Certificate Financial Statements Indian GAAP Standalone Consolidated Statements Statement under Section 212 Statement regarding Subsidiary Companies 2 3 19 31 ...