COMPANIES ACT
This query is : Resolved
JAY PRAKASH LAHOTI
(Querist)
01 June 2011
please explain sec6 read with schedule 1A of the companies act,1956
01 June 2011
Dear jay
Sec 6 of companies act and schedule 1A of the smae act should be constructed with the rule of interpretation of statute.
Clause(c)Section 6 gives a referance of list of relatives as given in Schedule 1A.
But in such list of relatives the term "Husband" and "Wife" has not been given.
The term "Husband" and "Wife" has been given in Clause(b)section 6.
Now we look Clause (a) section 6: This sub-section applicable to HUF only. The member of HUF whether they are covered in Clause (a) and (b) or not, will be a relative of another member of same HUF.
Sec 6 of companies act and schedule 1A of the smae act should be constructed with the rule of interpretation of statute.
Clause(c)Section 6 gives a referance of list of relatives as given in Schedule 1A.
But in such list of relatives the term "Husband" and "Wife" has not been given.
The term "Husband" and "Wife" has been given in Clause(b)section 6.
Now we look Clause (a) section 6: This sub-section applicable to HUF only. The member of HUF whether they are covered in Clause (a) and (b) or not, will be a relative of another member of same HUF.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- GSTR9 Annual Return
- Ito add credit side of bank
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives resides in usa
- LLP audit and disclosure
- Capital gain on commercial property and investment in residential property
- Rent agreement of House of deceased person
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
