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        Bills

        Clause 93 - Amendment of section 458.

        Companies (Amendment) Bill, 2017

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        Removal of proviso to section 458 clarifies statutory application of subsection (1) under the Companies Amendment Bill. Clause 93 of the Companies (Amendment) Bill, 2017 removes the proviso to section 458(1) of the principal Act, thereby excising the conditional rider and altering the operative scope and application of subsection (1) without adding new substantive provisions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Removal of proviso to section 458 clarifies statutory application of subsection (1) under the Companies Amendment Bill.

                                Clause 93 of the Companies (Amendment) Bill, 2017 removes the proviso to section 458(1) of the principal Act, thereby excising the conditional rider and altering the operative scope and application of subsection (1) without adding new substantive provisions.


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