… (6) Where a person has had a third or subsequent order made against him under section 13 or 399 and by virtue of the operation of this section that person is disqualified from being a director or promoter of or from being in any way directly or indirectly concerned or taking part in the management of a company, nothing in this section shall be construed as preventing that person from complying with the order of … Section - 8. Interests in shares. prescribed, shall take inter-corporate loan or deposits exceeding the prescribed limit and. When corporations deemed to be related to each other. For the removal of doubts, it is hereby declared that notwithstanding anything contained in section 6 of the Companies (Amendment) Act, 1969 (17 of 1969 ), this clause shall remain, and shall be deemed always to have remained, in force;] Power of Minister to exempt from payment of fees. PART II - ADMINISTRATION OF ACT Section 7. Section 6. Ctrl + Alt + T to open/close. Section 7-Saving of Equity and Common Law The CIPC released the following additional information to assist in the application and implementation of the Companies Act. (a) the court may remove any liquidator of any of the companies, and appoint any person to act as liquidator of any one or more of the companies, (b) the court may give such directions as it thinks fit for the purpose of giving effect to the order, Power to conduct inspection Section 7C. Registrar of Companies, etc. Changes that have been made appear in the content and are referenced with annotations. 2. where no appeal has been preferred to the Tribunal under sub-section (4) or where such. As used in this chapter unless the context otherwise requires: Section 6A. Registrar of Companies, etc. Interpretation 3. TITLE 6 Commerce and Trade SUBTITLE II Other Laws Relating to Commerce and Trade CHAPTER 18. 6. Chapter 6 of the South African Companies Act 71 of 2008 Reviewed South African Law has been based on a "creditor friendly approach". Board of India Act, 1992 and covered under such class or classes of companies as may be. 2. Additional Information. A company must have (d) 1 or … Power to conduct inspection. Subs by Act 31 of 1988, s. 3 (w. e. f. 15. 1988 ). 07 February 2015 as per sec 149 (6) none of whose relatives has or had pecuniary relationship or transaction with the company, its holding, subsidiary or associate company, or their promoters, or Section 6 in The Companies Act, 1956 1. Inevitably, in terms of the creditor friendly approach the prospect of corporate rescue thinking does not exist and the emphasis is on liquidation and protection of the rights of creditors. SECURITIES TO BE DEALT WITH IN STOCK EXCHANGES. There are changes that may be brought into force at a future date. (6) Where the Government has, by an order made under sub-section (4), directed that. Section 7B. THE COMPANIES ACT 2001 (Act No. Act to override memorandum, articles, etc. In case of Government company, in clause (a) of sub-section (6) of Section 149, for the word "Board", the words "Ministry or Department of the Central Government which is administratively in charge of the company, or, as the case may be, the State Government" shall be substituted. (a) subsection (6) “relevant shares”, in relation to a company, means shares in the company other than shares which as respects dividends and capital carry a right … PRELIMINARY (Sections 1-2) Section 1: Short title, extent, commencement and application. Meaning of “control” 6. Companies Act 2006, Section 177 is up to date with all changes known to be in force on or before 28 November 2020. Short title 2. [ Effective from 12th September, 2013 except sub-section ( 6 )] [ Sub-section ( 6) is effective from 1st April, 2014] (1) Every company making public offer shall, before making such offer, make an application to one or more recognised stock exchange or exchanges and obtain permission for the securities to be dealt with in … such company shall furnish in its financial statement the details of the loan or deposits. Section of Companies Act 2013: Nature of Application/ Petition: Form No. General Provisions § 18-101 Definitions. 6. — (1) A company registered as a public limited company on its original incorporation shall not do business or exercise any borrowing powers unless the registrar of companies has issued it with a certificate under this section or the company is re-registered as another form of company. (1) References in any Act, other than this Act, to a company formed and registered, or registered, under the Companies (Consolidation) Act 1908 or the Act of 1963 shall, unless the contrary intention appears, be read as references to a company formed and registered, or registered, under whichever of those Acts is appropriate or this Act. Meaning of ‘relative’ as defined in Section 6 of The Companies Act, 1956 A person shall be deemed to be a relative of another if, and only if, (a) they are members of a Hindu undivided family, or (b) they are husband and wife, or (c) the one is related to the other in the manner indicated in *Schedule IA.

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