Section 75.Damages for fraud
Section 75 of the Companies Act, 2013- Damages for fraud (1) Where a company fails to repay the deposit or part thereof or any...
Month: May 2023
Repayment of deposits, etc., accepted before commencement of this Act
Section 74 of the Companies Act, 2013 - Repayment of deposits, etc., accepted before commencement of this Act (1) Where...
Prohibition on acceptance of deposits from public-Section 73
Section 73 of the Companies Act, 2013- Prohibition on acceptance of deposits from public (1) On and after the commencement...
Section 72 of the Companies Act, 2013: Power to nominate
Section 72 of the Companies Act, 2013- Power to nominate (1) Every holder of securities of a company may, at any time, nominate, in the...
Issue of Debentures under Section 71 of Companies Act, 2013
Section 71 of the Companies Act, 2013- Debentures (1) A company may issue debentures with an option to convert such debentures into shares, either wholly or...
Prohibition for Buy-Back of Share-Section 70
Section 70 of the Companies Act, 2013- Prohibition for Buy-Back in Certain Circumstances (1) No company shall directly or indirectly purchase its...
Capital Redemption Reserve Account-Section 69
Section 69 of the Companies Act, 2013- Transfer of Certain Sums to Capital Redemption Reserve Account (1) Where a company purchases its...
Power of Company to Purchase its Own Securities-Section 68
Section 68 of the Companies Act, 2013- Power of Company to Purchase its Own Securities (1) Notwithstanding anything contained in...
Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its Shares
Section 67 of the Companies Act, 2013- Restrictions on Purchase by Company or Giving of Loans by it for Purchase...
Reduction of share capital-Section 66
Section 66 of the Companies Act, 2013- Reduction of share capital (1) Subject to confirmation by the Tribunal on an application by...