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Audit Trail Compliance in Accounting Software
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May 2014

Clarification in respect of resolutions u/s. 293 of Companies Act, 1956 wrt to compliance u/s. 180 of Companies Act, 2013:

By Sejal Vasa Company Secretary

Reading Time 1 mins

Vide General Circular No. 4/2014, the Ministry of Corporate Affairs has issued clarification to Section 180 of Companies Act 2013 referring to borrowings and or creation of security based on Ordinary resolution. The ministry has clarified that where before 12th September 2013, the resolution u/s. 293 of the Companies Act 1956 have been passed, they will be considered sufficient compliance u/s 180 of Companies Act 2013 for a period of 1 year from the date of notification of Section 180 of the Act.

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May 2014

Clarification in respect of resolutions u/s. 293 of Companies Act, 1956 wrt to compliance u/s. 180 of Companies Act, 2013:

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May 2014

Clarification in respect of resolutions u/s. 293 of Companies Act, 1956 wrt to compliance u/s. 180 of Companies Act, 2013:

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Central Government notifies 183 additional new sections:

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