The object of the issue using a prospectus can be varied provided it is pre-approved as per _________ of the Companies Act 2013.
Section 27 of Companies Act 2013: Variation in terms of contract or objects in prospectus (1) A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was issued, except subject to the approval of, or except subject to an authority given by the company in general meeting by way of special resolution: Provided that the details, as may be prescribed, of the notice in respect of such resolution to shareholders, shall also be published in the newspapers (one in English and one in vernacular language) in the city where the registered office of the company is situated indicating clearly the justification for such variation: Provided further that such company shall not use any amount raised by it through prospectus for buying, trading or otherwise dealing in equity shares of any other listed company . (2) The dissenting shareholders being those shareholders who have not agreed to the proposal to vary the terms of contracts or objects referred to in the prospectus, shall be given an exit offer by promoters or controlling shareholders at such exit price, and in such manner and conditions as may be specified by the Securities and Exchange Board by making regulations in this behalf.
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With reference to Poverty Gap Ratio, consider the following statements;
1. The poverty gap ratio is the mean shortfall of the total population ...
Dr. Ngozi Okonjo-Iweala was recently selected as the first woman Director-General of WTO. She hails from which one of the following countries?
T’s age is 3 times the age of D. 4 years ago, the ratio of T and D is 4:1. Find the age of P who is 5/3 of T’s age.
What percentage of the world's cattle population is to be found in India?
A shopkeeper sold two articles for Rs. 2500 each. One article is sold at a profit of 25% while another one is sold at a loss of 20%. What will be the su...
A shopkeeper sells glasses at the rate of Rs. 40 each and earns a commission of 18%. He also sells vases at the rate of Rs. 80 each and earns a commiss...
The ratio of length to breadth of a rectangle is 8:5. When the length and breadth of the rectangle is increased by 20% and decreased by 50% respectively...
Amit has 7 friends whom he wishes to invite to a dinner. Out of his 7 friends, 1 or more may accept the invitation. In how many different ways can Amit...
Which of the following events marked the beginning of trade union movement in India?