Clause 180(1)(a), Explanation (i): undertaking
In forceA commencement is recorded; no ending event is recorded.
The law's words
180(1)(a), Explanation (i). undertaking.—"undertaking" shall mean an undertaking in which the investment of the company exceeds twenty per cent. of its net worth as per the audited balance sheet of the preceding financial year or an undertaking which generates twenty per cent. of the total income of the company during the previous financial year;
Register reproduction note
The text above is a reproduction prepared for this register, not the certified Gazette wording. The Gazette in which the instrument was published remains the authentic record.
Connections
No typed connection is recorded for this provision.