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of <h1>Companies Act Section 117: File Key Resolutions with Registrar in 30 Days or Face Penalties; Some Exemptions Apply.</h1> Section 117 of the Companies Act, 2013 mandates that companies must file a copy of certain resolutions and agreements with the Registrar within thirty days of their passing. This includes special resolutions, board resolutions regarding managing directors, and resolutions for voluntary winding up, among others. Failure to file within the stipulated time incurs penalties for the company and its officers. The section also specifies that certain resolutions, such as those related to loans by banking and financial companies, are exempt from public inspection. Amendments have adjusted penalties and clarified the scope of resolutions covered.
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