Section 166(2) of the Companies Act 2013; Protection of Stakeholders or Primacy of Companydoi:10.2139/ssrn.2885847duties of directorThe provision for protection of stakeholders is a mere eye wash and does not actually protect the interest of the Stakeholders. The provision 166(2) is cleverlyJohn...
INTRODUCTION: The concept of having a body such as National Financial Reporting Authority is not new as such. The Institute of Chartered Accountants of India already has many of these powers. As per section 211(3C) of Companies act 1956, every balan
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...
Section 132 (2) of Companies Act 2013 Section 132(2) Functions of NFRA:Following are the functions of NFRA:- (a) Recommend CG:NFRA make recommendations to CG on the formulation and laying down ofaccounting and auditing policies and standardsfor adoption by companies or their auditors. ...
Amended and updated notes on section 202 of Companies Act 2013. Provisions on compensation for loss of office of managing or whole-time director or manager.
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 ...
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 Proposed Cash Amount represents a discount of approximately 43.75% based on the latest unaudited consolidated NA per Share as at 31 March 2013. However... IC Berhad 被引量: 0发表: 0年 Explanatory Statement pursuant to Section 173 (2) of the Companies Act, 1956 dated September 14, 2011...
Section 172 of the Companies Act 2006 has been afforded much attention during parliamentary discussions on the codification of directors' duties and has since tdoi:10.2139/ssrn.2996090Tsagas, GeorginaSocial Science Electronic PublishingTsagas, G. (2017) `Section 172 of the Companies Act 2006: ...
aDecisions on matters such as the modification of the articles of association or the liquidation of the company require a majority of at least three quarters of the votes adopting the draft resolution (section 152 of the Companies Act). 决定在事态上例如联盟条例或公司的清盘的修改要求表决的至少四...