It is noticed that promoters are attempting to expand the definition of force majeure to include items beyond the law. Force majeure clause not being in accordance with the explanation given under Section 6 of Act and Rule 6 (a) of the Regulations which provisions are reproduced herein below for ready reference.
Discover the process and requirements for converting a partnership firm into a private limited company under the Companies Act, 2013. Learn about key steps, prerequisites, and the legal transition.
Understand the process and prerequisites for the appointment of an alternate director as per Section 161(2) of the Companies Act. Learn about AOA requirements, consent forms, and filing procedures. Legal compliance made simple.