Web27 Apr 2024 · Section 185 (as amended by the Companies (Amendment) Act, 2024): Limits the prohibition on loans, advances, etc. to Directors of the company or its holding … Web10 Apr 2024 · Section 185 shall not apply to a Government company in case such company obtains approval of the Ministry or Department of the Central Government which is administratively in charge of the company, or, as the case may be, the State Government before making any loan or giving any guarantee or providing any security under the …
Draft Special Resolution under section 185 Companies Act 2013
Section 185(1) of the Act states that a company cannot – 1. Advance loan directly or indirectly, 2. Advance loan which includes a loan represented by a book debt, 3. Give guarantee or provide security with connection to any loan taken to a director, director of its holding company, partner or relative of any … See more A company may advance loans including any loan represented by a book debt or give guarantee or provide security in connection with any loan taken to any person in whom any of the directors of the company is … See more Section 185(4) of the Act lays down penalty if the provisions mentioned above relating to providing loans are contravened. If the company advances loan in contravention … See more Section 185(3) of the Act provides exceptions to the restrictions on the company to grant loans. The company can advance loans or give a guarantee, or security to- 1. The managing or whole-time director as a part of … See more The points to be remembered under Section 185 of the Act while advancing loans or providing guarantee or security with connection to any loan are- 1. A company cannot advance loans to directors, their … See more Web12 Feb 2024 · Under section 185 of the Companies Act, 2013, the Company may not provide loans directly or indirectly, including any loans represented by credit cards. To any of its directors. To any other person the Director is … hein stam
Pensions Act 2004
Web185 Holder of licence may operate non-scheduled international flights without authorisation under section 189 If a person holds a licence under this subpart, the person is entitled to carry on specified non-scheduled commercial international flights, without authorisation under section 189, to or from the countries or territories that may be served under the … Web1 day ago · The offences under Sections 304 and 201 IPC and Section 3(1)(2) of the Prevention of Damages to Public Property Act, 1984 (hereinafter, 'PDPP') apart from … Web185 Meaning of “motor vehicle” and other expressions relating to vehicles. (1) In this Act— “ heavy locomotive ” means a mechanically propelled vehicle which is not constructed itself to carry a... hein simons 2021