Section 230 Companies Act

3 nothing in this act shall affect the table in any repealed written law corresponding to table a in the fourth schedule in force immediately before the date of commencement of section 181 of the companies amendment act 2014 or any part thereof either as originally enacted or as altered in pursuance of any statutory power or the corresponding table in any former written law relating to.

Section 230 companies act. 3 power to compromise or make arrangements with creditors and members. Section 248 to 252. It runs only 26 words long short and to the point. Chapter xx winding up.

Caa 2 in at least one english newspaper and in at least one vernacular newspaper having wide circulation in the state in which the registered office of the company is situated or such newspapers as maybe directed by the tribunal and shall also be placed not less than thirty days before. Chapter xvi prevention of oppression and mismanagement. Further there is no embargo on participation and voting rights of any member creditor. By repealing section 230 social networks would be legally responsible for what people post on.

But it has had an outsize affect on life as we know it. Or b between a company and its members or any class of them. Section 230 is a piece of internet legislation in the united states passed into law as part of the communications decency act cda of 1996 a common name for title v of the telecommunications act of 1996 formally codified as section 230 of the communications act of 1934 at 47 u s c. 1 where a compromise or arrangement is proposed a between a company and its creditors or any class of them.

Extract of section 230 of companies act 2013 is as follows chapter xv compromises arrangements and amalgamations notified date of section. Chapter xvii registered valuers. Notified date of section. Section 253 to 269.

Section 230 is a part of federal legislation passed more than 20 years ago. Chapter xix revival and rehabilitation of sick companies. Section 230 to 240. 19 the applicant companies to serve the notice on the concerned income tax authority within whose jurisdiction the applicant company s assessment are made pursuant to section 230 5 of the companies act 2013 as per rule 8 of the companies compromises arrangements and amalgamations rules 2016.

Section 230 generally provides immunity for website publishers from third party content. Chapter xviii removal of names of companies from the register of companies. Section 241 to 246.