Promoters are the overall controllers of the companies. They are instrumental in formulation of a plan or a program pursuant to which securities are offered to the public.
No, Capital reserves cannot be part of free reserves under S372A of Companies Act 1956.
In 1956 Warsaw was Polish capital .
investment allowance reserve, capital reserve received in cash, security premium received in cash,capital redemption reserve,
There are 658 sections in Companies Act, 1956 in total.
Table A of the Companies Act, 1956 is a model set of articles of association for companies limited by shares in India. It provides a standardized framework governing the internal management and administrative affairs of such companies. Companies can adopt Table A in whole or in part, or modify it according to their specific needs, ensuring compliance with the provisions of the Act. This table outlines key aspects like share capital, meetings, and the powers and duties of directors.
As per Companies Act 1956, Preference share capital is regarded as Capital of the company and not Loan. In view of this, it is not to be deducted to ascertain net assets. This is in turn depend on the purpose for which netassets is being ascertained.
1956
labatasia
Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies sh Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies shall use private limited at the end of their name and it is optional for the companies registered under section 25 of the Companies act 1956 to use word limited.
I know one company which is registered under sec-25 of the companies act 1956, its Bhartiya Micro Credit
Bhopal is the capital of the Indian state of Madhya Pradesh.
Any Body Cooperate registered under Indian Companies Act. 1956.