Corporate Laws
Variation in Terms of Contracts or Objects Stated in Prospectus (Section 27 of the Companies Act)
Introduction: According to Section 27 of the Companies Act, 2013[1], a company may change the contract clauses mentioned in the prospectus or the targets issued in the prospectus, except only when it is accepted and permitted at the general meeting of the shareholders by a special resolution. The announcement of Read more…