Section 52 of the companies act 2013
Web12 Apr 2024 · Effective from 01-04-2014. (1) Where a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium … Web10 Apr 2024 · The Companies Act, 2013 Question 1 Detailed Solution The correct answer is Company limited by guarantee. Key Points The company limited by guarantee can be either a private limited company or a public limited company also, …
Section 52 of the companies act 2013
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http://corporatelawreporter.com/companies_act/section-152-of-companies-act-2013-appointment-of-directors/ Web28 Dec 2014 · 2 [(2A) Notwithstanding anything contained in sub-sections (1) and (2), a company may issue shares at a discount to its creditors when its debt is converted into …
Web14 May 2016 · 16 May 2016 As per my interpretation , Section 52(3) mandates the class of companies who are eligible for utilizing Securities Premium and those companies whose … Web2 Mar 2024 · Section 52 of Companies Act 2013 deals with the application of premiums received on the issue of shares. Shares issued at a premium are shares issued at price …
Web6 Jun 2024 · As per the provisions of Section 52 of the Companies Act, 2013 a company can issue shares at a premium, whether for cash or otherwise. As per Section 52 (2) of the Companies Act, 2013, Securities Premium Account may be used for the purpose mentioned therein like, issue of bonus shares, writing off preliminary expenses, buyback of shares, etc. Web10 Apr 2024 · Section 135. A company which has a net turnover of Rs.5 hundred crore or more in the preceding year is required to form a corporate social responsibility committee under Section 135 of Companies Act, 2013. The committee must have three or more directors, out of which one should act as an independent entity. Section 139.
WebSecurity for costs. 52. Where a company is plaintiff in any action or other legal proceeding, any judge having jurisdiction in the matter, may, if it appears by credible testimony that there is reason to believe that the company will be unable to pay the costs of the defendant if successful in his or her defence, require security to be given ...
Web17 Nov 2024 · As per Section 52 of Companies Act 2013, Securities Premium Reserve cannot be utilised for: (A) Writing off capital losses. (B) Issue of fully paid bonus shares. (C) Writing off discount on issue of securities. (D) Writing off preliminary expenses. class-12 bmwi4m50 testWeb29 Dec 2014 · Section 52: Application of premiums received on issue of shares. *52. (1) Where a company issues shares at a premium, whether for cash or otherwise, a sum … click a photoWebSection 53 shall come into force on 1st April, 2014 vide Notification No. S.O. 902 (E) issued dated 27.03.2014. (1) Except as provided in section 54, a company shall not issue shares at a discount. (2) Any share issued by a company at a discount shall be void. (2A) Notwithstanding anything contained in sub-sections (1) and (2), a company may ... bmw i4 m50 review redditWebMCA bmw i4 m50 top specWeb24 Jul 2024 · For the purpose of the proviso to clause (52) of section 2 of the Act, the following classes of companies shall not be considered as listed companies, namely:- (a) … bmwi4m50 road testWebSection 52 of Companies Act 2013: Application of premiums received on issue of shares. Section 52 shall come into force on 1st April, 2014 vide Notification No. S.O. 902 (E) issued dated 27.03.2014. (1) Where a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium received on those ... bmw i4 m50 by kithWebSchedule 2 paragraph (da): inserted, on 15 April 2004, by section 23 of the Companies Amendment Act (No 2) 2004 (2004 No 24). Schedule 2 paragraph (da) : amended , on 1 December 2014 , by section 150 of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70). bmw i4 m50 charging