The power to invest funds of the company is derived by Board under section 179 of the Act. However, the Companies Act, 2013 contains provisions for restrictions on investments that a company can make and loans it can made. Apart from loan and investments, restrictions are also placed on the guarantees which the company can […]
Section 165(1) A person cannot hold directorship including alternate directorship in more than 20 companies. Section 165 (1) not applicable to section 8 company. In the above limit of 20 dormant company is excluded. The maximum number of public companies in which a person can be appointed as a director shall not exceed ten. In […]
