Section 186 of the companies Act,2013 and its comparison with the predecessor provision Section 372ARamaswami Kalidas
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 ...
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 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 ...
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...
Amended and updated notes on section 132 of Companies Act 2013. Provisions and rules for constitution of National Financial Reporting Authority (NFRA).
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 178 of CA 2013 provides for Nomination and Remuneration Committee and Stakeholders Relationship Committee. Recently, we have discussed in detail section 177 (Audit Committee) of CA 2013. Today, we learn the provisions of section 178 of Companies Act 2013. The provisions of section 178 ...
meeting of the company subject to division adopts a decision approving the above documents. Further, the division agreement must be signed by the shareholders of the predecessor company and by the future shareholders of the successor companies (section 84(3) of the Companies Act). 受分裂支配采取...
aThe board of directors must exercise its rights and perform its duties as an independent body and in accordance with the rules of procedure approved by the board of directors for the division of tasks and competence among its members (section 243(2) of the Companies Act). 当一个独立身体和...