Easily Replace Checkbox Group from the Company Constitution

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How to Replace Checkbox Group from the Company Constitution

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Hello. Im Craig, and this is Crash Course Government Politics, and today Im gonna take a deep dive into political science theory and try to figure out why interest groups form. So grab your snorkel, no, this is a deep dive, grab your scuba gear. I know, I know, youre probably thinking that interest groups form to influence the government with their piles and piles of cash, so the way they form is by amassing piles of cash, and then, well, who really cares once they have all that cash? Maybe thats true, but why we have some interests that get together in organized to influence policy and others that dont is an interest-ing question. [Theme Music] So as you remember pluralist theory proposes that every group with a particular interest should be able to form an organization that will pursue policies to further that interest. So if I like birds, which clearly I dont, I should be able to join up with other bird fanciers to work with the government, so that it protects birds wildlif

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What is Section 136 2 of the Corporations Act 2001?

Section 136 (2) of the Corporations Act provides that a company may modify or repeal its Constitution or a provision in its Constitution by special resolution. (b) that has been passed by at least 75% of the votes cast by members entitled to vote on the resolution.

What is Section 40 3 of the Companies Act?

Section 40A (3)(b) states the provisions for deeming a payment as profits and gains of a business if the expenditure was incurred in a specific assessment year and payment was received in the subsequent year exceeding ₹10,000.

What is Section 40 of the Companies Act?

40Power of directors to bind the company (1)In favour of a person dealing with a company in good faith, the power of the directors to bind the company, or authorise others to do so, is deemed to be free of any limitation under the companys constitution.

What is Section 39 1 of the Companies Act 2006?

39A companys capacity (1)The validity of an act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the companys constitution. (2)This section has effect subject to section 42 (companies that are charities).

Which actions is necessary to alter the articles of association of a company?

Company can alter its Article by way of addition, deletion, modification, substitution, or in any other way, only if it wants. To alter the Article of association of Company By giving Notice of at least 7 days. At the Board meeting, the given resolutions in respect of alteration in AOA must be passed.

Can one director bind the company?

So far as third parties are concerned, the law of agency can come into play and enable a director to bind a company. However, agency laws prevent a director binding a company if the transaction is a bdocHub of that directors duties.

What is Section 39 of the Companies Act 2013?

(1) No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the prospectus as the minimum amount has been subscribed and the sums payable on application for the amount so stated have been paid to and received by the company by cheque or other

What is sub section 6 of section 40?

(6) A company may pay commission to any person in connection with the subscription to its securities subject to such conditions as may be prescribed. *Effective from: Notification No. 1.

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