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 53 - Amendment of section 165. - COMPANIES (AMENDMENT) BILL, 2017

COMPANIES (AMENDMENT) BILL, 2017
  • Contents

Amendment of section 165.

53. In section 165 of the principal Act, in sub-section (1), the Explanation shall be renumbered as Explanation I and after Explanation I as so numbered, the following Explanation shall be inserted, namely:-

"Explanation II.-For reckoning the limit of directorships of twenty companies, the directorship in a dormant company shall not be included.".

 
 
 
 

Quick Updates:Latest Updates