What are the restrictions imposed by the Companies Act 2013 on the borrowing powers of a company. Are there any requirements for obtaining shareholder approval before a company can borrow money under the Companies Act 2013?
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Hello Professionals
Section 46 read with the Companies (Share Capital and Debentures) Rules, 2014 requires passing of Board Resolution for issuance of share certificates. Under the Companies Act, 1956 such power could be delegated to a Committee of the Board. Companies Act, 2013 is silent on this issue?
delegate
certificate
issue
power
What is the Empowered Committee?
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Hello friends
Any person assets (who is head of some other organizations) can be attached in exercising the powers under Sections 337 & 339 of the Companies Act, 2013.
Hi Friends!
If a company has taken in-principal approval from the stock exchange before issuing the specified securities, whether the stock exchange can still reject the application of listing made after the issuance of securities?
Dear Professionals!
Whether Resolution Professional is allowed to decide on merits the validity of Resolution Plan received from Resolution Applicant ?
resolution
plan
regarding
professional
powers
What is the procedure for inclusion of borrowing power in MOA and AOA of the company and share Format of borrowing clause to be inserted in MOA and AOA of the pvt ltd company.
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borrowing
regard
alteration
Dear Members!
Whether power to borrow money under section 179 can be delegated ?
If yes, can such power be delegated on an unlimited basis ?
board
powers
delegation
Whether proceedings for rectification, appeal, and revision, of any order passed by an officer appointed under the CGST Act, can lie before an officer appointed under the SGST Act?
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Dear Sir,
If the client comes after 31st January 2021 (UDIN last date), can we file with the ROC for extension of AGM?
Do the ROC has the power to extend the AGM beyond 31st December?
As per my understanding the ROC cannot extend time beyond 3 months, which they already exhausted.
Gap between 2 AGM should not be more than 15 months "interval shall not be more than fifteen months between two successive AGM" as per company law.
To grant extension, Only parliament needs to amend the company law.
The Registrar of Companies (“RoC”) may extend the time for holding the AGM, other than the first AGM, “for any special reason” by a period not exceeding three months, if it cannot be held within the prescribed time limit.
Dear All,
Can anyone share the draft please urgently required
Dear All,
Required help in the regarding Special Power of Attorney.
Memorandum of Deposit of Title Deeds is entered between the Company and the Bank for creation of Further Charge.
The Company intends to authorise employee of its company to register the above deed with sub -registrar and hence thereby execute POA
Can anyone please share such POA authorising employee of the Company to execute the registration of deed with sub-registrar
