Menu
Aaassss
what is section 180 (1) (c) of companies act, 2013
Replies (3)
The Board of directors need to pass Special resolution if the borrowings proposed together with the money already borrowed exceeds the aggregate of paid up capital, free reserves and security premium.
Section 180 of the companies act, 2013, restricts the power of board of directors. Board can exercise some powers only with the consent of the company by a special resolution.
Https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.hindustanpetroleum.com/documents/pdf/POSTAL_BALLOT_NOTICE_HPCL.pdf&ved=2ahUKEwiu8KKnjtn5AhXtTGwGHQ08DMcQFnoECAcQBg&usg=AOvVaw15mqXSqtf9fLUWFU_OFhJq
Recent Threads
- Section 194T – TDS on Payments to Partners:
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
CAclubindia
