If Directors are appointed according to the principle of proportional representation, then they cannot be removed in terms of section 169 of the Companies Act 2013 regarding the removal of directors. They are also not liable to retire by rotation. This Section is applicable for both Private as ...
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...
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 378ZF of the Companies Act 2013 as amended by the Companies (Amendment) Act, 2020 . Provisions and rules related to Internal audit.
A loan is defined by the Oxford English Dictionary as ” a thing lent; something the use of which is allowed for a time, on the understanding that it shall be returned or an equivalent given, a sum of money lent on these conditions and usually with interest.” ...
Chapter XIII(Sections196–205) of the Companies Act, 2013 (CA 2013) deals with the provisions related to appointment and remuneration of managerial personal. Section 202 of CA 2013 provides for compensation for loss of office of managing or whole-time director or manager. ...
of Comprehensive Income 135 Consolidated Statement of Changes in Equity 137 Consolidated Statement of Cash Flows 138 Notes to the Consolidated Financial Statements 208 Definitions Section I Corporate Information LEGAL NAME OF THE COMPANY 北京汽車股份有限公司 ENGLISH NAME OF THE COMPANY BAIC ...
Sparse Signals in the Cross-Section of Returns∗ Alex Chinco†, Adam D. Clark-Joseph‡, and Mao Ye§ December 6, 2017 Abstract This paper applies the Least Absolute Shrinkage and Selection Operator (LASSO) to make rolling 1-minute-ahead return forecasts using the entire cross- section ...
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Section 186 of the companies Act,2013 and its comparison with the predecessor provision Section 372ARamaswami Kalidas