This section lays down the provisions relating to providing loans to any person or other body corporate, giving any guarantee or providing security in connectio..
Section 196 and 197 of the Companies Act, 2013 and rules made thereunder read with the Schedule V provides for the appointment and remuneration of Managing Director, Whole-time Director or Manager respectively. This article discusses the provisions of appointment of such managerial personnel.
Fast Track Merger has been introduced with the intention of reducing the lengthy procedure of NCLT for the specified companies.
Dividend has not been defined under the Companies Act, 2013. However, as per our common understanding, the term dividend implies amount of return a shareholder is entitled to receive at a determined rate on the shares subscribed by him in a company.
ESOP may be introduced by the companies as a tool to expand its capital base and issue further share capital
SECTION 185- LOANS TO DIRECTORS, ETC. Section 185 lays down provisions relating to providing loans, guarantee and security to directors and other persons in who..