March 2014

Restriction on Powers of the Board – Section 180 of the Companies Act 2013

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INSIGHT INTO RESTRICTION ON POWERS OF THE BOARD AFTER 11TH SEPTEMBER 2013 – SECTION 180: The Companies Act, 2013 was passed by Lok Sabha in August, 2013 and 98 Sections were made applicable from 12.09.2013. This Act poses certain critical challenges before the Companies in their daily functioning. One among them is Section 180 of …

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Loans, Guarantees & Securities to Related Parties – Section 185 of the Companies Act 2013

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 INSIGHT INTO GRANTING OF LOANS/ GUARANTEES/ SECURITIES TO RELATED ENTITIES AFTER 11TH SEPTEMBER 2013: The Companies Act, 2013 was passed by Lok Sabha in August, 2013 and 98 Sections were made applicable from 12.09.2013. This Act poses certain critical challenges before the Companies in their daily functioning. One among them is granting of loans/ securities/ …

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