Section 186 of the companies Act,2013 and its comparison with the predecessor provision Section 372ARamaswami Kalidas
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 ...
1. A one person company cannot be incorporated U/S 8 of The Companies Act 2013 (Charitable Objectives) 2. A one person company cannot carry out Non-Banking Financial Investment Activities including investment in securities of anybody corporate. 3. One Person Company cannot be converted in another...
Section 202 of Companies Act 2013: Compensation for loss of office of managing or whole-time director or manager Section 202 shall come into force on 12th September, 2013 vide Notification No. S.O. 2754(E) dated 12.09.2013. (1) A company may make payment to a managing or whole-time ...
aAccording to section 22(1) of the Companies Act, in general, executive officers have to be a natural person and may be elected for a definite period of time for a maximum of 5 years or, if the articles of association provide so, may also be elected for a definite period other than ...
Chapter 1 provides an ... Y Joubert 被引量: 36发表: 2013年 Directors' Duties and the Company's Internal Structures Under the UK Companies Act 2006: Obstacles for Sustainable Development 2010. "Directors Duties and the Company's Internal Structures Under the UK Companies Act 2006: Obstacles ...
Models for reform : the directors' duty of care in a modern commercial world While the Companies Act contains features that are preferable to the Australian Corporations Act 2001, the impact of the Companies Act on crucial features, such as the objectivity of the duty of care, is unclear and...
aPursuant to section 37(1) of the Companies Act, in the case of private limited companies or limited liability companies, the articles of association may authorize the supervisory board to: 寻求(公司法的) 第37部分第1部分,在私有有限公司或有限公司情况下,联盟条例也许批准监督理事会:[translate]...
Section 132 (1) of Companies Act 2013 Section 132(1) Constitution of NFRA:The CG constitute a National Financial Reporting Authority (NFRA) to provide for matters relating toaccounting and auditing standardsunder the Companies Act 2013. Accordingly, the CG vide Notification No. S.O. 5099(E) ...