Section 2 of the Companies Act 2013 is key. It defines important terms used in the act. Knowing these definitions helps companies follow the law. The Companies Act 2013 is a big change from the 1956 act. It aims to make companies more transparent and accountable. Section 2 is a core part of this effort. […]
We will explore the importance of Section 52 of the Companies Act 2013. This section deals with the share premium account in India. It’s key for companies as it sets rules for using premiums from share sales. This ensures the securities premium account is used correctly. Section 52 of the Companies Act 2013 is vital
We will explore Section 232 of the Companies Act 2013. This is a key part of Indian corporate law. It deals with how companies merge or amalgamate, focusing on the Companies Act 2013 and its role in corporate law. As we dive into Section 232, we’ll see its importance in mergers and amalgamations. We’ll also
We aim to give a detailed guide on Section 248 of the Companies Act 2013. This section is key for businesses in India. It explains how to remove a company’s name from the Register of Companies. This can happen if the company fails to start business within a year or doesn’t operate for two years.
We will explore Section 55 of the Companies Act 2013, focusing on preference shares. This section is key for companies and investors. It sets rules for issuing and redeeming preference shares. The Act requires these shares to be redeemable within 20 years. As we dive into Section 55, we’ll see why following the Companies Act
We will explore Section 168 of the Companies Act 2013, which covers director resignation. This section explains how a director can resign and what the company must do. It ensures a smooth transition and meets legal requirements. Understanding this section is key for companies in India. Section 168 outlines important details like notice requirements and
We aim to give a detailed look at the Companies Act 2013. We’ll focus on its key features and how they affect the Indian corporate world. This Act replaced the old one from 1956, bringing big changes in how companies are run and governed. It makes companies spend on corporate social responsibility (CSR). It also
We’re here to talk about the Companies Act 2013, focusing on Section 138. This section is key for companies in India, covering financial transactions and corporate governance. It’s important for both the Government of India and the Institute of Chartered Accountants of India. Section 138 requires listed companies to have an internal auditor. Unlisted public
We’re here to help you understand Section 233 of the Companies Act 2013. This part of the law makes it easier for companies to merge quickly. It’s a fast way for eligible companies to join forces without the long wait of traditional mergers. Key Takeaways Section 233 of the Companies Act 2013 allows for the