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FAQs on Section 160 of Companies Act, 2013
a.Q.1 What is the text of the Section 160 of Companies Act 2013 and rule framed thereunder? Ans.: Section 160 of Companies Act 2013 which has come into force from 1.4.2014 reads as under: Right of persons other than retiring directors to stand
FAQs on Section 186 of Companies Act 2013
Q.1. What types of specified transactions are covered under the Section? Ans. Section 186 covers 3 types of specified transactions entered into by a company directly or indirectly:
Compounding of offences under Companies Act 1956
Section 3(38) of General Clauses Act 1897 defines offence as any act or omission made punishable by any law for the time being in force. Section 2(n) of Criminal Procedure Code 1973 (CrPC) also defines &lsq
First Financial Year of a company and the first AGM Issues involved
Usually financial year of a company consists of 12 months. However, in some cases it may not be so. In case of newly incorporated company, financial statements have to b
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