Delete Tick in the Company Constitution and eSign it in minutes

Aug 6th, 2022
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How to Delete Tick in the Company Constitution

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there are more Tick Tock bands the Bank of Canada the Alberta Quebec governments add that to the federal government just some of the latest groups to Bar the app from their devices why concerns they say about security because the apps owner is based in China subject to Chinese law so if its not considered safe enough for those entities where does that leave you joining us now is shruthi Shaker a tech expert and managing editor for Android Central and vast Bednar whos the executive director of McMaster universitys master of public policy in Digital Society program welcome to both of you thanks for having thanks for having us Vass let me start with you Tick Tock Canada says the Canadian government did incite a specific concern about their app what do we know about why Ottawa is ordering the app off government phones wait no enough we know that our Chief Information officer conducted an investigation and determined that there was an unacceptable amount of risk associated with having t

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(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
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.
(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.
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.
Section 163 of the Companies Act allows for a minority shareholder to apply to a court for relief should he/she feel oppressed, unfairly prejudiced, or that his/her interests are unfairly disregarded by the board of directors, the majority shareholders, or a separate juristic entity.
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
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.
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.

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