Title : Removal, Resignation of Auditor and Giving of Special Notice
State : Central
Year : 2013
..... auditor of a company has, whether directly or indirectly, acted in a fraudulent manner or abetted or colluded ..... --for the purposes of this chapter the word "auditor" includes a ..... that of every partner or partners who acted in a fraudulent manner or abetted or .....
View Complete Act List Judgments citing this sectionTitle : Punishment for Contravention
State : Central
Year : 2013
..... company or its shareholders or creditors or tax authorities, he shall be punishable with imprisonment ..... of the audit firm has or have acted in a fraudulent manner or abetted or colluded in ..... time being in force, for such act shall be of the partner or partners .....
View Complete Act List Judgments citing this sectionTitle : Central Government to Specify Audit of Items of Cost in Respect of Certain Companies
State : Central
Year : 2013
..... obligations applicable to auditors under this chapter shall, so far as may be applicable, apply ..... the cost and works accountants act, 1959 (23 of 1959), with the ..... class of companies regulated under a special act, consult the regulatory body constituted .....
View Complete Act List Judgments citing this sectionTitle : Duties of Directors
State : Central
Year : 2013
..... situation in which he may have a direct or indirect interest that conflicts, or possibly may ..... to the provisions of this act, a director of a company shall act in accordance with the articles ..... a director of a company shall act in good faith in order to promote .....
View Complete Act List Judgments citing this sectionTitle : Quorum for Meetings of Board
State : Central
Year : 2013
..... continuing directors or director may act for the purpose of increasing the ..... below the quorum fixed by the act for a meeting of the board, the ..... (2) the continuing directors may act notwithstanding any vacancy in the board; .....
View Complete Act List Judgments citing this sectionTitle : Defects in Appointment of Directors Not to Invalidate Actions Taken
State : Central
Year : 2013
..... shall be deemed to give validity to any act done by the director after his ..... by virtue of any provision contained in this act or in the articles of the company: provided ..... no act done by a person as a director shall be deemed to be .....
View Complete Act List Judgments citing this sectionTitle : Functions of Company Secretary
State : Central
Year : 2013
..... or whole-time director under this act, or any other law for the ..... under section 3 of the company secretaries act, 1980 (56 of 1980) and approved by the ..... compliance with the provisions of this act, the rules made thereunder and .....
View Complete Act List Judgments citing this sectionTitle : Procedure, Powers, Etc., of Inspectors
State : Central
Year : 2013
..... by notification, render the application of this chapter in relation to a foreign state with which ..... a company are investigated under this act and the inspector shall submit ..... inspection, inquiry or investigation under this act or under the corresponding law in .....
View Complete Act List Judgments citing this sectionTitle : Powers of Tribunal
State : Central
Year : 2013
..... , delivery of goods, payment, execution or other act relating to property made or done by or against ..... , notwithstanding any other provision of this act, the company shall not have ..... in accordance with the provisions of this act and the said provisions shall .....
View Complete Act List Judgments citing this sectionTitle : Application for Revival and Rehabilitation
State : Central
Year : 2013
..... assets and enforcement of security interest act, 2002 (54 of 2002), no such application ..... assets and enforcement of security interest act, 2002 (54 of 2002): provided also ..... assets and enforcement of security interest act, 2002 (54 of 2002): provided further .....
View Complete Act List Judgments citing this section