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    Board or shareholders can void non-ratified related party transactions per Companies Act, 2013, Section 188(3).
    Section 188(1) Exemption: Voting Restrictions Lifted for Companies with 90% Members as Relatives of Promoters.
    Amendments to Section 186 of Companies Act, 2013: New Guidelines for Loans, Investments, and Guarantees Compliance.
    Companies Act, 2013 Amended: Restrictions on Investment Company Layers Removed, Allowing Greater Flexibility and Efficiency.
    Company Loans to Director-Interested Parties Allowed with Special Resolution u/s 185, Companies Act 2013.
    Section 185 of Companies Act, 2013: Restrictions on Loans to Directors to Prevent Conflicts of Interest and Ensure Governance.
    Directors Must Disclose Interests in Body Corporates Under Companies Act, 2013; Section 184(5) Allows Some Flexibility.
    Section 184(4) Update: No More Minimum Penalty Cap for Directors Failing to Disclose Interests Under Companies Act 2013.
    Board Borrowing Powers Limited by Section 180(1) of Companies Act: Includes Securities Premium, Share Capital, and Free Reserves.
    Companies Must Publish Remuneration Policy Online and in Board Report per Section 178(4) of the Companies Act 2013.
    Nomination and Remuneration Committee to Evaluate Board and Directors' Performance per Section 178(2) of Companies Act 2013.
    Audit Committee Must Ratify Transactions Under One Crore Within Three Months; Exemptions Apply Per Section 177(4) Companies Act.
    Board Meetings Allow Video Conferencing Participation if Quorum is Physically Present, per Companies Act 2013, Section 173.
    Director Resignation Optional Notification to Registrar Under Companies Act 2013, Section 168(1.
    Director's Office Vacant if Disqualified u/s 164(2), Companies Act 2013; Section 167(1) Enforces Compliance.
    Directorship Limit in 20 Companies: Dormant Companies Excluded u/s 165 of the Companies Act, 2013.
    Director Disqualifications Remain During Appeals u/s 164(3) of Companies Act 2013 to Ensure Corporate Integrity.
    New Directors Have Six-Month Grace Period on Disqualification u/s 164(2) of Companies Act, 2013.
    Private Company Board Can Appoint Directors to Fill Vacancies u/s 161(4) of Companies Act 2013.
    Section 161(2) of Companies Act: No alternate director appointment if already a director in the same company.
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Acts Income Tax