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        Companies Law

        Companies (Removal of Difficulties) Fifth Order, 2014 - S.O. 1820 (E) - Companies Law

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        Related party definition amended: 'and holds' replaces 'or holds' to clarify statutory scope and resolve drafting error. The Companies (Removal of Difficulties) Fifth Order, 2014 substitutes the word 'and holds' for the inadvertent 'or holds' in sub-clause (v) of clause (76) of the Companies Act definitions, effective on publication, thereby correcting the definition of related party to reflect the intended conjunctive meaning.
                        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.

                              Related party definition amended: "and holds" replaces "or holds" to clarify statutory scope and resolve drafting error.

                              The Companies (Removal of Difficulties) Fifth Order, 2014 substitutes the word "and holds" for the inadvertent "or holds" in sub-clause (v) of clause (76) of the Companies Act definitions, effective on publication, thereby correcting the definition of related party to reflect the intended conjunctive meaning.


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