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 ...
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
Section 2 of Companies Act 2013: Definitions Most of clauses of section 2 shall come into force on 12th day of September, 2013 [S.O. 2754(E)] and some are on 1st day of April, 2014 [S.O. 902(E)] and some are on 18th May, 2016 [S.O. 1795(E)] and some are on 15th Dece...
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...
Amended and updated notes on section 230 of the Companies Act 2013. Provisions for power to compromise or make arrangements with creditors and members.
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]...
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 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 ...
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...