The formation of a company’s board of directors shall be expected to be controlled by another company. The registration of the act provides company registration in Chennai is a test of some power execute by its attention without the approval or unity of any other characters can preferred or transfer the holders of all or a mist of the directorships.
The rule 14A of the companies general rules and forms provides for inspection by a creditor or a subsidiary at any stage after the turning up order is made to inspect the documents and records of the company registration in clearance after an application in writing in that behalf is made to the official removal.The purpose of the inspection is to know and subject of the records.
In view of a very large number of documents, the applicants wanted that they may be authorized to take copies of the same. Their say is that rather of taking audit and looking at the certificates with their own eyes and it is related to have their sight from the eye. Before the court has granted inspection this request is only to make that search more valid in the progress of an company registration. The party is to be allowed make copies the court is neither verifying not certifying them to be true and correct copies.
A private company is being a subsidiary of a body corporate and incorporated outside Chennai, which is incorporated in Chennai, would be a public company within the meaning of this act, shall be allowed in the plan of this act to be a supplementary of a public limited company is integrating their share capital in the private limited company is not held by that body corporate together with one or more other bodies are incorporated in Chennai.
The company registration of the act and that subsection accepts of control, but the company which suits control can appoint or raise the holders of complete or a great part of the directorship by the test of some power examination of it at its attention without the permission or concurrence of any more character.
It may be that by having acceptable share capital of a company sufficient control may be received over that company to implement management in the design directors of the boards.But it is also available to collect such control in view to the beauty of board of directors.Such a control may be a logic of an arrangement such as where one company registration may set to advance funds to another company and it return may under the terms of an agreement submission control over the right to appoint of the board of directors.
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