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The Companies (Amendment) Bill, 2020. Status: In force. The Companies Act 2013 (No. 18 of 2013) is an Act of the Parliament of India which forms the primary source of Indian company law. It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956. The Act was brought into force in stages.
In a new with the Companies Act 2013, section 135 requires companies to spend 2% of their net profit on socially responsible projects, if they have a net worth of over ₹5,000,000,000 (500 crore), or a turnover of over ₹10,000,000,000 (1000 crore), or a net profit over ₹50,000,000 (5 crore). Socially responsible projects are defined in ...
Mason v Lewis. Mason v Lewis is a Court of Appeal decision that held that the test for determining what reckless trading under section 135 of the Companies Act 1993 is an objective one. The decision also clarified that s 135 is concerned not with deterring mere risk but with prohibiting "substantial risk of serious loss".
The Public Utility Holding Company Act of 1935 ( PUHCA ), [1] also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding companies. It limited holding company operations to a single state, thus subjecting them to effective state ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=The_Companies_Act,_2013&oldid=609413045"https://en.wikipedia.org/w/index.php?title=The_Companies_Act,_2013
The U.S. Securities and Exchange Commission ( SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. [2] [3] [4] The primary purpose of the SEC is to enforce the law against market manipulation. [5] [6] : 2.
The Companies Act 1965 (Malay: Akta Syarikat 1965), is a Malaysian law which relates to companies. Structure [ edit ] The Companies Act 1965, in its current form (15 August 2007), consists of 12 Parts containing 374 sections and 10 schedules (including 36 amendments).
The Companies (Amendment) Act, 2015, of India, was granted the assent of the President on May 25, 2015, but was published in the Official Gazette on May 26, 2015. This Amendment aims to swiftly bridge some of the most pressing concerns of stakeholders such as the need to align business exigencies with certain actions deemed punishable with criminal law under the original Act of 1956 but not ...