Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES (AMENDMENT) BILL, 2017 This

Clause 42 - Amendment of section 141. - COMPANIES (AMENDMENT) BILL, 2017

COMPANIES (AMENDMENT) BILL, 2017
  • Contents

Amendment of section 141.

42. In section 141 of the principal Act, in sub-section (3), for clause (i), the following clause shall be substituted, namely:-

‘(i) a person who, directly or indirectly, renders any service referred to in section 144 to the company or its holding company or its subsidiary company.

Explanation.-For the purposes of this clause, the term "directly or indirectly" shall have the meaning assigned to it in the Explanation to section 144.’.

 
 
 
 

Quick Updates:Latest Updates