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- W2223588918 abstract "Sections 44 and 45 of the Companies Act, 2008 provide that a company may not give any financial assistance (which includes lending money, providing guarantees or securing any debt or obligation) to a related or inter-related company. The exception is if it is pursuant to an employee share scheme or approved by a special resolution adopted by the shareholders of the company within the previous two years. This article focuses on the requisite shareholder approval and what types of inter-company relationships (related or inter-related) and shareholding would trigger s44 and s45." @default.
- W2223588918 created "2016-06-24" @default.
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- W2223588918 date "2015-05-01" @default.
- W2223588918 modified "2023-09-23" @default.
- W2223588918 title "Could negative control trigger financial assistance? : company law" @default.
- W2223588918 hasPublicationYear "2015" @default.
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