WebThe law was implemented, in part, to regulate and control banks that had formed bank holding companies to own both banking and non-banking businesses. The law generally prohibited a bank holding company from engaging in most non-banking activities or acquiring voting securities of certain companies that are not banks. Web13 Dec 2000 · 1 [117C. Liability of company to create security and debenture redemption reserve. (1) Where a company issues debentures after the commencement of this Act, it shall create a debenture redemption reserve for the redemption of such debentures, to which adequate amounts shall be credited, from out of its profits every year until such …

section+187c+of+companies+act+1956 Indian Case Law Law

WebCompanies Act, 1956. Sec 187C - Declaration by persons not holding beneficial interest in any share (1) Notwithstanding anything contained in section 150, section 153B or section 187B, a person, whose name is entered, at the commencement of the Companies (Amendment) Act, 1974 (41 of 1974), or at any time thereafter, in the register of members … WebMCA dog agility east devon

A. Ramaiya Guide to Companies Act in 6 parts. - M&J Services

Web30 Aug 2024 · In fact, the legislative object of Section 187C of the 1956 Act was to ensure … WebSection 187C in The Companies Act, 1956. 187C. 1 Declaration by persons not holding beneficial interest in any share. (1) Notwithstanding anything contained in section 150 section 153B or section 187B, a person, whose name is entered, at the commencement of … Web28 Oct 2010 · However, amendment made to section 187C by the Companies (Amendment) Act, 2000, says only about trustees. Thus if a shareholder is only a nominee shareholder, made just with an intention of complying with the minimum membership requirements, then it is still mandatory to receive declaration from such members. The company required to … dog agility course for backyard