Companies Act, 1956: Section 31 Section 31 of the 1956 Act empowered a company to alter its articles by passing a special resolution. The power, however, was subject to the provisions of the 1956 Act and conditions contained (if any) Read More
Definition of relevant issues of the company – Company Registration in Bangalore
Extracts relevant to new terms/definition of Companies Act,2013 The JJ Irani committee was an Expert Committee set up by the Ministry of Company Affairs which mentioned in Order dated 2nd December ,2004,to advise the Government to the new Company Registration Read More
Formation of companies with charitable objects
Formation of companies with charitable objects Section 8 of the 2013 Act corresponds to s. 25 of the 1956 Act. As per the 1956 Act, an association of persons alone could form a company under s. 25 of that Act. Read More
Alteration of share capital – Company Registration in Bangalore
Companies Act, 1956: Section 94 Section 94 of the 1956 Act empowered a company limited by shares to alter its capital in any of the manner as stipulated under the section. Such power had to be exercised by the company Read More
Definition of Manager – Company Registration in Bangalore
Companies Act, 1956: Section 2(24) – Meaning of the term ‘manager’ Three conditions are to be satisfied before a person may become a manager under section 2(24) of the 1956 Act, viz., a) he must be an individual as opposed Read More