Easily Delete Option Choice from the Company Constitution

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How to Delete Option Choice from the Company Constitution

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hey there folks Peter here with Black Rock business welcome to the channel today in todays video for QuickBooks point of sale I am going to tell you how you can completely delete a company that is in the point of sale I do see people from time to time whove done numerous company operations or different iterations of their company or restored from backup and they end up with a big long list of old companies that theyre not using anymore and they sometimes they can accidentally get selected and they get in the way in youre suddenly using the wrong company or your employee is and its a big mess because all of your sales are going into the wrong company well lets clear that up today before we do Im gonna have you click on the link down in the description below so you can get over to our QuickBooks point-of-sale Facebook group and you can ask questions there about anything you like errors or workflows and people such as myself and other point-of-sale users would be happy to answer yo

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What is Section 70 of Companies Act, 2013?

Sections 70 of the Companies Act, 2013 imposes restriction on buy back of shares in certain circumstances. The proceeds of the issue of any shares or other specified securities. However, no buy-back of any kind of shares can be made out of the proceeds of an earlier issue of the same kind of shares.

What is Section 2 71 of the Companies Act 2013?

As per Section 2 (71) of the Companies Act, 2013, public company is a company which (a) is not a private company, (b) has minimum capital of Rs. 5 lakh or such higher paid-up capital as may be prescribed, and (c) is a private company which is a subsidiary public company.

What is Section 71 3 of Companies Act?

(3) If any director of a company knowingly contravenes, or wilfully authorises or permits the contravention of, any of the pro- visions of section 69 or 70 with respect to allotment, he shall be liable to compensate the company and the allottee respectively for any loss, damages or costs which the company or the

What is Section 71 of the companies Act?

In terms of Section 71 of the Companies Act there are two distinct methods to remove a director from office, namely: Removal by shareholders; and. Removal by the directors.

What is Section 77 of the companies Act?

knowingly or recklessly signs or consents to the publication of a financial statement which is false or misleading in a material respect. In terms of section 77, a director is held personally liable to the company and to any other affected person for any consequential loss suffered by the company or such person.

What does Section 71 of the Companies Act 2013 require a company to create?

(4) Where debentures are issued by a company under this section, the company shall create a debenture redemption reserve account out of the profits of the company available for payment of dividend and the amount credited to such account shall not be utilised by the company except for the redemption of debentures.

What is Section 76 4 of the companies Act?

Section 76(4) of the Act states that in respect of any matter arising in the exercise of the powers or the performance of the functions of a director, a director will have satisfied the obligations in section 76(3) of the Act, if the director: has taken reasonably diligent steps to become informed about the matter; has

What is Section 76 of the companies Act?

Section 76(3)(c) of the Companies Act codifies certain fiduciary duties that directors owe to a company which include acting with the degree of care, skill and diligence that may reasonably be expected of a person (i) carrying out the same functions in relation to the company as those carried out by that director; and

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