(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 180(1)(a) of the Companies Act, 2013 the Board of Directors of a company can sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the company or where the company owns more than one undertaking, of the whole … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 62(1)(c) of Companies Act, 2013 where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares may be offered to any persons, if it is authorised by a special resolution, whether … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 185(1) of Companies Act, 2013 save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom the director is … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 63 of the Companies Act, 2013 a company may issue fully paid-up bonus shares to its members if it is authorized by its articles and it has, on the recommendation of the Board, been authorized in the general meeting of the company. The bonus … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 62(1) of Companies Act, 2013where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares shall be offered to persons who, at the date of the offer, are holders of equity … Read more