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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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.
Dear Professionals!
Whether Resolution Professional is allowed to decide on merits the validity of Resolution Plan received from Resolution Applicant ?
Dear Members!
Whether power to borrow money under section 179 can be delegated ?
If yes, can such power be delegated on an unlimited basis ?
What are the powers of Registrar to call for information, explanation or documents?
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A public unlisted company wishes to issue debentures on private placement which is within borrowing powers under sec 180(1)(a)of CA Act,2013.
Kindly elaborate me the procedure for the same.
whether valuation report will be required for the same like shares? and other formalities ?
In case the board delegates its powers to borrow to one of its the committee is the company required to file Form MGT 14 for delegation its power to Committee and also each time the committee exercises the power which is delegated to it?
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