SECTION 280 OF COMPANIES ACT, 2015 – Untying the Gordian Knot in Companies
Companies are facing “deadlocks” in terms of performing their day-to-day activities and meeting their various statutory obligations. The reasons behind these “deadlocks” may vary from the death of members, court cases, and in most cases the refusal, unwillingness, and sometimes inability of voting members of the company to attend general meetings and therefore making it …
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