Section 45 of the Companies Act 71 of 2008 (Companies Act), does not expressly define financial assistance but rather sets out a list including lending money, guaranteeing any debt or obligation, but ...
A Delhi Court has observed that the provisions of Section 45 of Prevention of Money Laundering Act (PMLA) will only apply if a person has been arrested by the Enforcement Directorate. The court made ...
Comment: There are growing concerns that the provisions of Section 45 of the Companies (Auditing and Accounting) Act 2003 "Directors' compliance statement and related statements" will have a serious ...
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