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 ...
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...
aa company ceases to exist and all of its property is transferred to another existing company that is deemed the legal successor of the first company in all respects. (merger by acquisition) (section 81(1) of the Companies Act) 公司停止存在,并且所有它的物产转移到在各方面被视为第一家公司合...
Today, we learn the provisions of section 178 of Companies Act 2013. The provisions of section 178 are effective from 1-April-2014. You may refer Notification No. S.O. 902(E) issued dated 1-04-2014. In this article, you will learn detail of the provisions of section 178 of the ...
Sec 8 (1) (c) states the prohibition of payment of any dividend to its members. License is required to be obtained from ROC before incorporating the company under section 8 of Companies Act, 2013. Following documents are required to be filed with ROC for Obtaining License - E-Form INC ...
provisionsofSection42Aof the Companies Act1981. ciamgroup.com ciamgroup.com (g) 根據一九八一年公司法第42A條,本公司有權購買其本身股份;2) 根據《一九八一年公司法》 第42A條,本公司有權購買其本身股份; 股份有限公司可在符合法例或其章程大網任何條款的情況下,行使以下所有或任何權力 ...
Section 132 (1) of Companies Act 2013 Section 132(1) Constitution of NFRA:The CG constitute a National Financial Reporting Authority (NFRA) to provide for matters relating toaccounting and auditing standardsunder the Companies Act 2013. Accordingly, the CG vide Notification No. S.O. 5099(E) ...
Models for reform : the directors' duty of care in a modern commercial world While the Companies Act contains features that are preferable to the Australian Corporations Act 2001, the impact of the Companies Act on crucial features, such as the objectivity of the duty of care, is unclear and...
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 ...