Commencement Notification CA2013 :: Notified Sections 185 :: Loan to directors, etc
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 185- Loan to directors, etc (1) Save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom director is… Read More
Tags: Board of directors, Extraordinary resolution, FeedBurner, Legal personality, Privately held company, Reserve Bank of India, Rupee, Security (finance)
Commencement Notification CA2013 :: Notified Sections 180 :: Restrictions on powers of Board
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 180 - Restrictions on powers of Board (1) The Board of Directors of a company shall exercise the following powers only with the consent of the company by a special resolution, namely:” (a) to sell, lease or otherwise dispose of the whole or… Read More
Tags: Annual General Meeting, Board of directors, Business, Companies Act, Extraordinary resolution, FeedBurner, finance, Financial services
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