Companies Act, 2013
Section - 191 - Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares
Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares.191. (1) No director of a company shall, in connection with-
| (a) | - | the transfer of the whole or any part of any undertaking or property of the company; or |
| (b) | - | the transfer to any person of all or any of the shares in a company being a transfer resulting from- |
| (i) | - | an offer made to the general body of shareholders; |
| (ii) | - | an offer made by or on behalf of some other body corporate with a view to a company becoming a subsidiary company of such body corporate or a subsidiary company of its holding company; |
.... To read the full section download the app from Google Play store
Featured
ARTICLESHIP
28 October 2026
CA- Inter and ArticlesN N V Satish & Co., Hyderabad CA Inter View Details
24 October 2026
CA Industrial TraineeFytomax Nutrition Private Limited Aurangabad CA Inter View Details
ARTICLESHIP
23 October 2026
CA Articleship / Article AssistantM N Rao & Associates LLP Vijayawada CA Inter View Details
28 October 2026
Assistant Director/ Associate Director-Finance & AccountingKrea University Chennai CA View Details
CCI
Pro
|
CAclubindia
