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 ...
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...
aIn case of a spin-off, the existing company continues to exist but a division of it becomes a separate company, which is a legal successor of the existing company (section 86(1)-(3) of the Companies Act). 在副产品的情况下,现有的公司继续存在,但分裂它适合一家独立公司,是现有的公司第86...
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 202 of Companies Act 2013. Provisions on compensation for loss of office of managing or whole-time director or manager.
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
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...
An examination of the provisions of the Companies Bill, 1993 relating to treatment of companies under the same management and those in the existing Companies Act, 1956 indicate that the changes suggested in the Bill leave a few important areas untouched that deserve serious rethinking, more particu...
(B)Exception where individual has guardian, etc. An individual shall not be treated as financially disabled during any period that such individual's spouse or any other person is authorized to act on behalf of such individual in financial matters. ...