Special Resolution
Resolution For Acceptance of Deposits From Members or Public
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 73(2) of the Companies Act 2013 a company may, subject to the passing of a resolution in general meeting and subject to such rules as may be prescribed in consultation with the Reserve Bank of India, accept deposits from its members subject to the … Read more
Special Resolution for Buy Back of Shares
As per the provisions of section 68 (1) of Companies Act, 2013 notwithstanding anything contained in this Act, but subject to the provisions of subsection (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (adsbygoogle = window.adsbygoogle || []).push({}); (a) its free reserves; (b) the … Read more
Special Resolution For Issue of Preference Shares
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 55(2) of the Companies Act, 2013 a company limited by shares may, if so authorised by its articles, issue preference shares which are liable to be redeemed within a period not exceeding twenty years from the date of their issue subject to such conditions … Read more
Special Resolutions Under Companies Act 2013
Special Resolutions Under Companies Act 2013 S. No. Section Purpose/Subject Matter 1 4 Special Resolution for Change of Name 2 8 Special Resolution for Conversion into Section 8 Company 3 12 Special Resolution for Shifting of Registered Office From One State to Another 4 13 Special Resolution for Alteration in Object Clause 5 14 Draft … Read more
Draft Special Resolution for Payment of Managerial Remuneration In Excess of Limits Prescribed u/s 197
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 197(1) of the Companies Act, 2013 the total managerial remuneration payable by a public company, to its directors, including managing director and whole-time director, and its manager in respect of any financial year shall not exceed eleven percent of the net profits of that … Read more