Investments made before commencement of Act : Section – 373. Where any investments have been made by a company[in any other body corporate in the same group] at any time after […]
All posts by Tina Saha - 764. page
Professional Tax Consultant and Article Writer
Inter-corporate loans and investments
Inter-corporate loans and investments : Section- 372A. (1) No company shall, directly or indirectly,— (a ) make any loan to any other body corporate; (b ) give any guarantee, or provide security, in connection with […]
Purchase by company of shares, etc., of other companies
Purchase by company of shares, etc., of other companies : Section – 372. [(1) A company, whether by itself or together with its subsidiaries (hereafter in this section andreferred to as […]
Penalty for contravention of [ [***] section or ]
Penalty for contravention of [ [***] section or ] : Section – 371. (1) Every person who is a party to any contravention of [ [***] [excluding sub-section (1C) or (1D)], or ], including in particular any person to whom […]
Provisions as to certain loans which could not have been made if sections and were in force
Provisions as to certain loans which could not have been made if sections and were in force : Section- 370A. Where any loan made, guarantee given or security provided by a company and […]
Loans, etc., to companies under the same management
Loans, etc., to companies under the same management : SECTION- 370. (1) No company (hereinafter in this section referred to as “the lending company” ) shall— (a ) make any loan to, or […]
Loans to managing agent
Loans to managing agent : Section – 369. [Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.Earlier, section 369 was amended by the Companies (Amendment) Act, 1960.]
Managing agent to be subject to control of Board and to restrictions in Schedule VII
Managing agent to be subject to control of Board and to restrictions in Schedule VII : Section- 368. [Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.]
Managing agent’s rights and liabilities after termination of office
Managing agent’s rights and liabilities after termination of office : Section – 367. [Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.]
Limit of compensation for loss of office
Limit of compensation for loss of office : Section – 366. [Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.]