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197 of the Corporations Act. This is to overturn the decision in Hanel v. O'Neill ("Hanel") where the South Australian Supreme Court has expanded the circumstances in which directors of trustee companies can be held personally liable for the debts under the current section 197(1) of the ...
ashe was ready to resume her duties 她准备恢复她的责任[translate] aHowever, the Companies Act also specifies those persons who are not considered to be independent (section 309 of the Companies Act). 然而,公司法也指定没有认为公司法的 (独立第309部分的那些人)。[translate]...
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 339 of the Companies Act 2013 is a critical law that deals with unfair business practices in India. Simple to Understand Section 339 of the Companies Act Section 339 of the Companies Act 2013 (hereinafter referred to as “the Act”) is a significant clause that addresses India’s ...
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 Court of Appeal's decision in Fulham Football Club (1987) Ltd v Richards & Anor is both of interest and significance. By embracing the idea of the parties' ability to 'contract out' of their statutory right to petition the court for relief under section 994 of the Companies Act 2006...
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...
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
Amended and updated notes on section 132 of Companies Act 2013. Provisions and rules for constitution of National Financial Reporting Authority (NFRA).