Section 2 Of Companies Act
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Section 2 of companies act. Rules 0 orders 0 notification 1 enforcement notification s o 2754 e dated 12 09 2013. Section 2 60 of the companies act defines officer who is in default and it mentions officers such as whole time director kmp directors etc. For the purposes of this clause significant influence means control of at least twenty per cent of total share capital or of business decisions under an agreement.
This notification was come into force from 12th september 2013 i e. Substituted by the companies amendment act 2017 effective from 7th may 2018. Who shall be liable to any penalty or punishment in case of default committed by the company under the companies act 2013.
In clause c of sub section 1 of section 2 of the company secretaries act 1980 who. Regulation 2 1 zm of lodr. Ii exercises or controls more than one half of the total share capital total voting power either at its own or together with one or more of its subsidiary companies.
Download all sections of the companies act 2013 in pdf. Anantha padmanabha swamy member j under consideration is a company application filed under section 2 41 of the companies act 2013 with a prayer to allow the applicant company to continue with its existing financial year i e. In section 2 for clause 6 for the explanation.
24 company secretary or secretary means a company secretary as defined. A period of 12 months starting from 1stjanuary to 31stdecember each year as its financial year in terms of the provisions of section 2 41 of the companies act 2013. Related party for the purposes of sub clause ix of clause 76 of section 2 of the act a director other than an independent director 7 or key managerial personnel of the holding company or his relative with reference to a company shall be deemed to be a related party.
Is appointed by a company to perform the functions of a company secretary under this. Section 2 of the companies act 2013 has been notified by the ministry of corporate affairs mca vide notification no. 2 the companies actsu k.
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