RELATED PARTY TRANSACTIONS: A related party is an entity or a person that is company related. Parties are considered to be related if one party has to control another’s ability or significant exercise over the other party influence, indirectly or directly in financial making or operating decisions and includes …
Manner of approval and authentication of the financial results. The financial results quarterly submitted under sub-clause (1) shall be approved by the Directors board of the company or thereof committee other than the audit committee. Provided that when the financial results quarterly are by the approved committee they shall be …
Employer insolvency: Where any employer has entered into a contract in respect of any insurers of any liability under this Act to any employee, then the employer event becoming insolvent or making a composition or arrangement scheme with his creditors, or if the company employer in the company event having …
ARBITRATION’S, COMPROMISE, ARRANGEMENTS AND RECONSTRUCTIONS: Interpretation of sections 391 and 393 bisections 391 and 393,-(a) the expression “company” means any liable company under this Act to be wound up with the compromise ; the expression “arrangement” includes the company share-capital reorganization of different classes consolidation by the shares, or by …