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.
Trade liberalisation has helped India improve its _____________ in industries with medium-to-high technology content.
Select the option that is related to the fifth term in the same way as the second term is related to the first term and fourth term is related to the th...
Who can make the rules related to peace, prosperity and good governance in the Andaman and Nicobar Islands?
What is Geotropism?
In December 2021, Mithila Makhana of which state got the GI tag?
Which of the following sentence is/are correct about crop rotation?
1. Crop rotation helps return nutrients to the soil without synthetic inpu...
The eight-digit number 789459xy, is divisible by 88, where x and y are digits. What are the possible values of x and y ?
Which dance form of Goa is also known as the ‘Warrior Dance’?
In 2015, the eminent danseuse and ______________ exponent, Padma Subrahmanyam was selected for Kerala's prestigious choreography award 'Nishagandhi Pura...
The enzyme, Lipase is produced by which organ of the body?