Non-Applicability of the section A company shares, debentures or other securities. A private limited company which is not an additional of public limited company. Any company loan to its wholly-owned subsidiary. Holding company loan is made to its wholly-owned subsidiary. Shares allotted under section 81(1)(a) of the act Acquisition of …

Where a company holds its investment in the name of a director or a nominee or in the name of a bank, pursuant to sub-section 2 and 3 of section 49. The details of shares held in the name of any other person shall be entered in a register with …

 In terms of section 591, the foreign companies which are incorporated outside India are required to file certain documents with the ROC under the companies act 1956. The foreign companies that will be governed by the said provisions of the act are the following: Companies incorporated outside India which established …

In a going concern the aggregate amount of dividend represents a portion of the next profits which the board of directors proposes to distribute to the shareholders as dividend. Fixed dividend on preference shares When a public limited company has issued equity and preference shares and where the company proposes …