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4 days ago · “net worth” means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account , after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves ...
THE COMPANIES ACT, 2013 _____ ARRANGEMENT OF SECTIONS Last update-29-7-2022 _____ CHAPTER I PRELIMINARY SECTIONS 1. Short title, extent, commencement and application. 2. Definitions. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO 3. Formation of company. 3A. Members severally liable in certain cases. 4. Memorandum. 5.
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Mar 18, 2016 · “net worth” means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves ...
Mar 3, 2023 · Companies will have to check paid up share capital and net worth for applicability of Corporate Governance Provisions and also check whether the entity has completed 3 years or not below the threshold.
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section 2 (46) of the 2013 act as a company of which such other company is a subsidiary company. An explanation has been added to the definition of holding company under the amendment, where for the purposes of the definition of holding company, “company” includes any body corporate. Subsidiary company.
The Union Cabinet on 2 December 2014 introduced an amendment bill in the Parliament proposing certain amendments to the Companies Act, 2013 (2013 Act). Subsequently, on. 29 April 2015 certain additions were made in the amendment bill. Post approval from the Lok Sabha and the Rajya Sabha, the amendment bill was finally assented by the President ...
