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Section 27 - Amendment of section 135 - The Companies (Amendment) Act, 2020

Extract

..... Amendment of section 135. 27. In section 135 of the principal Act,- (a) in sub-section (5), after the second proviso, the following proviso shall be inserted, namely:- "Provided also that if the company spends an amount in excess of the requirements provided under this sub-section, such company may set off such excess amount against the requirement to spend under this sub-section for such number of succeeding financial years and in such manner, as may be prescribed."; (b) for sub-secti .....

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Section 27 - Amendment of section 135 - The Companies (Amendment) Act, 2020

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