Hi... Freinds,
Please tell me by which act Corporations are Governed?
are they governed by Companies Act or any other law or both?
While explaining it is requested to please take Example of DTC, LIC and GIC of India.
Thanks
Menu
Corporations
Replies (1)
These are constituted by special act of parliament or state legislature.The provisions of companies act 1956 don't apply to them.
Examples RBI , LIC , DTC etc.
:-)
Recent Topic
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
Related Topics
CAclubindia
