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Whether borrowings and/or creation of security, based on the basis of
ordinary Resolution under section 293 of the Companies Act, 1956 are valid.
Hello Professionals!
Whether borrowings and/or creation of security, based on the basis of
ordinary Resolution under section 293 of the Companies Act, 1956 are valid?
Hello Professionals
With regard to resolution requiring special notice under section 115 of the
Companies Act, 2013, who can move such resolution- whether such number of members holding shares on which aggregate sum not exceeding five lakhs has been paid up or such number of members holding shares on which aggregate sum not less than five lakh rupees has been paid up?
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What is the tenure of Interim Resolution Professional so appointed under Insolvency and Bankruptcy Code 2016?
What is the tenure of Interim Resolution Professional so appointed?
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When is Interim Resolution Professional appointed?
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Who cannot initiate Corporate Insolvency Resolution Process?
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Whether the provisions relating to special resolution under Section 188 are also applicable to transactions with wholly owned subsidiaries?
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XYZ Pvt. Ltd., has two director X and Y. The shares of the company are held by X, Y and Z in the ratio 40%, 40% and 20%, Z is however not a director. The company desires to enter into a contract in which X is interested where a Board resolution is required. How can the Board resolution be passed since there will be only one uninterested Director and Z is not a director?
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Whether a member of the company having 20% of the paid share capital of the company can call the EGM for the removal of director ?
Dear All,
XYZ Pvt. Ltd., has two director X and Y. The shares of the company are held by X, Y and Z in the ratio 40%, 40% and 20%, Z is however not a director. The company desires to enter into a contract in which X is interested where a Board resolution is required. How can the Board resolution be passed since there will be only one uninterested Director and Z is not a director?
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Under the Fast Track CIRP, what is the last date to submit resolution plan by the resolution applicant?