46 corporations act pdf

Corporations act 2001 sect 46 what is a subsidiary. This act may be cited as the state corporathns act. Purchase or redemption by corporation of its own shares. Definitions affiliated corporations control holding body corporate. An act of parbnent to make provision for the establishment of state corporations. Business corporations act 3 44 form of dividend 45 financial assistance 46 shareholder immunity part 6 security certificates, registers and transfers 47 transfers of securities 48 security certificates 49 securities records 50 dealings with registered holders and transmission on death 51 overissue part 7 trust indentures. Section 5 1 a business corporation may request a person who violated the ban on competition to return any benefit obtained as a result of the violation or to transfer any rights arising therefrom to the business corporation, unless the same is excluded by. Same 4 subject to the regulations made under this act, the corporations information act applies to the corporation. Associations incorporation act 2009 nsw legislation. Inclusion and exclusion of areas in, or from the larger. In this act, unless the context requires otherwise interpreagent means an intermediary such as a publictation corporation, a company or any other body appointed by the government and owns 51% or more of the shares in any public corporation and represents the government directly or indirectly. Other provisions with respect to a companys constitution. Securities records central and branch registers where registers are to be kept effect of registration branch register. This act is current to march 25, 2020 see the tables of legislative changes for this act s legislative history, including any changes not in force.

Close corporations act 26 of 1988 og 5658 brought into force after namibian independence on 1 march 1994 by proc. The state financial corporations act, 19511 63 of 1951 31st october, 1951 an act to provide for the establishment of state financial corporations. Application of the acts interpretation act 1901 part 1. Powers of corporation as to acquisition of property. Updating the database of the illinois compiled statutes ilcs is an ongoing process. Corporations act 2001 federal register of legislation. Specifying larger urban area and establishment of corporation etc. The michigan legislature website is a free service of the legislative internet technology team in cooperation with the michigan legislative council, the michigan house of representatives, and the michigan senate. This act may be cited as the international business corporations act, cap. An act to reform company law and restate the greater part of the enactments relating to companies. Regulations may modify operation of the corporations legislation to deal with.

Procedure when immovable property cannot be acquired by agreement. Close corporations, see model statutory close corporation supplement. An act to provide for the establishment of food corporations for the purpose of trading in foodgrains and other foodstuffs and for matters connected therewith and incidental thereto. Introduction section 46 is headed distributions must be authorised by the board. Professional corporations for the practice of public accounting 14. Under section 46, a company a is a subsidiary of another company b if b. Business corporations act 52 mirc part i 52 mirc part i.

Close corporations act 26 of 1988 parliament of namibia. Canada corporations act 63 kb act current to 20200319 and last amended on 20171231. Creditors need to be protected from asset or dividend stripping but shareholders on the other hand have a legitimate entitlement to dividends or other distributions. Amendments to close corporations act definitions 2. Today our system of company law and corporate governance, setting. An act to make provision in relation to corporations and financial products and services, and for other purposes. Other act 3 the corporations act does not apply to the corporation. A body corporate in this section called the first body is a subsidiary of another body corporate if, and only if. An act to amend the international business corporation act, cap.

Associations incorporation act 2009 no 7 contents page 59 liabilities arising from administration 32 60 stay of proceedings 33 61 administrator to report to directorgeneral 33 division 3 winding up 62 voluntary winding up 33 63 involuntary winding up 33 64 modifications to text of applied corporations act 2001 of the commonwealth 34. Health care corporations, limited liability companies and limited liability partnerships 12. Close corporations act 69 of 1984 to provide for the formation, registration, incorporation, management, control and liquidation of close corporations. Definitions 1 in this act, a affairs means the relationships among a corporation and its affiliates and the. Recent laws may not yet be included in the ilcs database, but they are found on this site as public acts soon after they become law. Illinois compiled statutes illinois general assembly.

May 3, 2019 page 9 c business corporations act chapter b6. Corporations act 2001 table of provisions long title chapter 1introductory part 1. Enacted by the parliament of antigua and barbuda as follows. It includes any commenced amendment affecting the legislation to that date. Table of contents business corporations act bc laws. However, there is a definition of subsidiary in section 46 of the corporations law. Business corporations act part i interpretation and application section 1 c t current to. Professional corporations for the practice of law b. The gujarat provincial municipal corporations act, 1949. Companies act 71 of 2008 english text signed by the president assented to. This act shall be known and may be cited as the name of state business corporation act. Lix gujarat provincial municipal corporations act, 1949 vii chapter viii. Contents government owned corporations act 1993 page 4 71 appointment of gocs first senior executives.