Web16 Oct 2024 · Section 2 (87) of the Companies Act, 2013 defines the term subsidiary or subsidiary company. It states that a company is said to be the subsidiary of another company i.e. holding company if the holding company is. exercises or controls more than one-half (more than 50%) of the total voting power either at its own or together with one … Web5 Feb 2024 · Section 48(8)(b) of the Act provides that a decision by the board of a company to acquire its shares is subject to "the requirements of" sections 114 and 115 of the Companies Act. If considered alone or together with other transactions in an integrated series of transactions, it involves the company's acquisition of more than 5% of the issued …
Section 48 Of Companies Act 2013: Variation Of Shareholders
WebThe updating and uploading of Rules, Regulations, Notifications, etc., and linking them with relevant sections of the respective Principal Act under which the said subordinate … Web19 Feb 2015 · Section 2: Definitions. *2. In this Act, unless the context otherwise requires,—. (1) “abridged prospectus” means a memorandum containing such salient features of a … incandescent wellness
Section 2 of Companies Act, 2013 - Corporate Law Reporter
Web11 Oct 2024 · Singapore Statutes Online is provided by the Legislation Division of the Singapore Attorney-General's Chambers Web48 Execution of documents by companies (1) The following provisions form part of the law of Scotland only. (2) Notwithstanding the provisions of any enactment, a company need … WebFurther, under section 48 of the Companies Act, 2013 the above variation consented to by the preference shareholder also needs to be consented to by a minimum of three-fourths of other class of shareholders affected by such variation viz the equity shareholders. including manufacturing