company and its financial condition. The Bill seeks to amend Section 220 to achieve the said object. Under Section 293 of the Companies Act ... Bill seeks to amend Section 293. Section 620 of the Companies Act, 1956, empowers the Central Government to modify, by notification, any of the provisions
Section 293 in The Companies Act, 1956
293. Restrictions on powers of Board .-
(1) The Board of Directors of a public company ... compulsory acquisition, after the commencement of this Act] [ Substituted by Act 65 of 1960, Section 98, for certain words
Company cannot be said to
be an "undertaking" of the Company and therefore, the bar under
Section 293 of the Companies Act shall ... relied upon section 293 read with proviso to section 291 and
sections 171 to 186 of the Companies Act; decision of this Court
agreement and therefore,
it is hit by Section 46 read with Section 293 of the Companies Act, 1956
and there is no document evidencing adherence ... Memorandum/Articles of Association of the company and
Section 293 of the Companies Act, is totally devoid of any truth.
7.3. It was also stated
company wanted to sell any of it's immovable assets, it is mandatory to follow Section 293 of the Companies Act, 1956 read with ... Agreement and therefore, it is hit by Section 46 read with Section 293 of the Companies Act, 1956 and there is no document evidencing adherence
shareholders of defendant no.1
Company under sec. 293(1)(a) of the Companies Act
and from giving effect to the Resolution dated
25.7.2001 passed ... provisions of sec. 293(1)(a) are
not attracted to the present case.
34. Now, sec. 293(1)(a) of the Companies
Act. Section 293
directors of a company had. In this con-
nection, reference was made to the provisions of Section 293 of the Companies Act, 1956, the relevant ... company could not be considered to be an undertaking
of the company in terms of Section 293(1)(a) of the Act. A closed unit
board of directors of the company under the provisions of section 293 of the Companies Act, 1956 that the directors may borrow and continue ... consent of the company expressly taken pursuant to clause (a) of sub-section (1) of section 293 of the Companies Act. He points out, further
Board of Directors of the Company under the Provisions of Section 293 of the Companies Act, 1956, that the Directors may borrow and continue ... consent of the Company expressly taken pursuant to clause (a) of sub-section (1) of Section 293 of the Companies Act. He points out, further
Companies Act and that the auditors are alleged of violation
under section 211 (1) and 233 of Companies Act.
(e) Section 293 ... read
with Section
233 , Section
293-A ,
Section 307 ,
Section 302
(2) , Section
291 (1) and
193 and
Section 303
(1) , Section