companies act 2013

[POOJA]

Hello All,

Can anyone provide me the guidance notes on Companies Act 2013. Which Book i should purchase? This is really confusing which sections are yet applicable and which are not?

please if anyone can provide the breif notes. 

thanking you in advance

Best regards

Pooja 

[Bhavani Prasad]

Kindly look into Backgrounder on Companies Act 2013 prepared by our ICSI.

Gives you an insight into the comparison of CA 1956 with CA 2013 and lots of information to explore.

Regards

CS Bhavani Prasad C N
Company Secretary
098665 19059

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[sachin kumar]

Dear Friends

you can avail the applicable sections List of Companies Act 2013 on MCA site under the notification dated 12.09.2013

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CS Sachin Kumar

Mob:-9911124032

[Arpit Goyal]

COMPILATION OF NEW SECTIONS COMING IN FORCE WEF 12.09.2013

•  SECTION 2 : following definitions becomes applicable:

1: abridged prospectus

3: alteration

4: appellate tribunal

5: articles

6: associate company

8: authorised capital (new)

9: banking company

10: board of directors or board

11: body corporate or corporation

12: book and paper and book or paper

14: branch office

15: called-up capital (new)

16: charge (new)

17: chartered accountant (new)

18: chief executive officer (new)

19: chief financial officer (new)

20: company

21: company limited by guarantee

22: company limited by shares

24: company secretary

25: company secretary in practice

26: contributory

27: control (new)

28: cost accountant (new)

29: Court (except sub clause iv which talks about Special Court)

30: debenture

32: depository

33: derivative

34: director

35: dividend

36: document

37: employees’ stock option

38: expert (new)

39: financial institution (new)

40: financial statement (new)

43: free reserves

44: global depository receipt (new)

45: government company

46: holding company

49: interested director

50: issued capital (new)

51: key managerial personnel (new)

52: listed company

53: manager

54: managing director

55: member

56: memorandum

57: networth

58: notification (new)

59: officer

60: officer who is in default

61: official liquidator

63: ordinary or special resolution (new)

64: paid up share capital (new)

65: postal ballot (new)

66: prescribed

67: previous company law (except sub clause ix relating to Registration of Companies (Sikkim) Act, 1961

68: private company

69: promoter (new)

70: prospectus

71: public company

72: public financial institution

73: recognised stock exchange

74: register of companies (new)

75: registrar

76: related party

77: relative 

78: remuneration

79: schedule

80: scheduled bank

81: securities

82: securities and exchange board

84: share

85: small company (new)

86: subscribed capital (new)

87: subsidiary company or subsidiary (except the proviso and explanation (d))

88: sweat equity shares

89: total voting power

90: tribunal (new)

91: turnover (new)

92: unlimited company (new)

93: voting right (new)

94: whole time director (new)

95: words & expression borrowed from SCRA, SEBI and Depositories Act…

• Section 19: Subsidiary Company not to hold shares in its holding company

• Section 21: Authentication of documents, proceedings and contracts

• Section 22: Execution of Bills of Exchange, etc

• Section 23: Public offer and private placement (except clause (b) of sub section (1) and sub section (2) (New

Provisions)

Section 24: Power of securities and exchange board to regulate issue and transfer of securities etc 

• Section 25: Document containing offer of securities for sale to be deemed prospectus [except sub section (3)]

• Section 29: Public offer of securities to be in dematerialised form 

• Section 30: Advertisement of prospectus 

Section 31: Shelf prospectus 

• Section 32: Red herring pr0spectus

• Section 33: Issue of application forms for securities [except sub section (3) which talks about penalty

provisions]

• Section 34: Criminal liability for misstatement in prospectus

Section 35: Civil liability for misstatement in prospectus [except clause (e) of sub section (1)]

• Section 36: Punishment for fraudulently inducing persons to invest money

• Section 37: Action to be taken by affected persons (new provisions)

• Section 38: Punishment for personation for acquisition etc of Securities

• Section 49: Calls on shares of same class to be made on uniform basis

• Section 50: Company to accept unpaid share capital, although not called up 

• Section 51: Payment of dividend in proportion to amount paid up

• Section 57: Punishment for personation of shareholder 

Section 58: Refusal of registration and appeal against refusal 

• Section 59: Rectification of register of members

• Section 60: Publication of authorised, subscribed and paid up capital 

• Section 65: Unlimited company to provide for reserve share capital on re-registration

• Section 69: Transfer of certain sums to capital redemption reserve account

• Section 70: Prohibition for Buy Back in certain circumstances[except sub section (2)]

• Section 86: Punishment for contravention of Chapter V relating to acceptance of deposits by companies

• Section 91: Power to close register of members or debenture holders or other security holders 

• Section 100: Calling of extra ordinary general meeting [except sub section (6) relating to reasonable expenses

incurred by the requisitionists]

• Section 102: Statement to be annexed with notice

• Section 103: Quorumformeetings

• Section 104: Chairman of meetings

Section 105: Proxies [except 3rd and 4th proviso of sub section (1) and sub section (7)]

• Section 106: Restriction on voting rights

• Section 107: Voting by show of hands

• Section 111: Circulation of Members’ resolution 

Section 112: Representation of the President and Governors in meetings

• Section 113: Representation of Corporations at meeting of companies and of creditors [except sub clause (b) of

sub section (1)

• Section 114: Ordinary & Special resolutions 

• Section 116: Resolutions passed at adjourned meeting  

Section 127: Punishment for failure to distribute dividends within 30 days

• Section 133: Central government to prescribe accounting standards 

• Section 161: Appointment of Additional Director, Alternate Director and Nominee Director [except sub

section (2) 

• Section 162: Appointment of directors to be voted individually

Section 163: Option to adopt principle of proportional representation for appointment of directors

• Section 176: Defects in appointment of Directors not to invalidate actions taken 

• Section 180: Restriction on powers of board 

• Section 181: Company to contribute to bonafide and charitable funds etc 

Section 182: Prohibitions and Restrictions regarding political contributions

• Section 183: Power of Board and other persons to make contributions to national defence fund etc 

• Section 185: Loan to Directors etc 

• Section 192: Restriction on non cash transactions involving directors (new provisions)

Section 194: Prohibition on forward dealings in securities of company by director or key managerial

personnel (new provisions)

• Section 195: Prohibition on insider trading of securities (new provisions)

• Section 202: Compensation for loss of office of managing or whole time director or manager 

• Section 379: Application of Act to Foreign Companies

Section 382: Display of name etc of Foreign Company 

• Section 383: Service on foreign company 

• Section 386: Interpretation for purposes of Chapter XXII relating to companies incorporated outside India

[except sub clause (a)]

• Section 394: Annual reports on Government Companies

Section 405: Power of Central Government to direct companies to furnish information or statistics

• Section 407: Definitions under Chapter XXVII relating to NCLT and NCALT 

• Section 408: Constitution of NCLT 

• Section 409: Qualifications of President and Members of Tribunal

• Section 410: Constitution of Appellate Tribunals 

• Section 411: Qualifications of Chairperson and Members of Appellate Tribunal 

• Section 412: Selection of Members of Tribunal and Appellate Tribunal 

• Section 413: Term of office of President, Chairperson and otherMembers 

• Section 414: Salary, Allowances and other terms and conditions of service of members

• Provisions Pertaining to Chapter XXVIII on Special Courts: Section 439, 443, 444, 445 & 446 

• Provisions Pertaining to Chapter XXIX-Miscellaneous Section 447 to 453 (pertaining to punishment for

fraud, false statement, false evidence etc)

Section 456: Protection of action taken in good faith 

• Section 457: Non disclosure of information in certain cases 

• Section 458: Delegation by central government of its powers and functions 

• Section 459: Powers of central government or Tribunal to accord approval etc

• Section 460: Condonation of delay in certain cases 

• Section 461: Annual reports by central government 

• Section 462: Power to exempt a class or classes of companies from provisions of this Act

• Section 463: Power of court to grant relief in certain cases

Section 467: Power to central government to amend schedules 

• Section 468: Power of central government to make rules relating winding up 

• Section 469: Power to central government to make rules 

• Section 470: Power to remove difficulties 

ARPIT GOYAL

CS MANAGEMENT TRAINEE
NIMBUS (INDIA) LIMITED

09557338950

[Pooja Bhardwaj]

Sir,

May you please provide me the copy of notification.

Thanks

Best Regards

POOJA

[Amar Kumar]

Please see the attached for copy of Notification.

Regards,

Amar Kumar

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[Dhiraj Thakker]

Bharat's Companies Act 2013 Simplified  by Bharat Law House Pvt Ltd  Price Rs 1095 Discount 20 % available

On Sat, Feb 8, 2014 at 12:59 PM, POOJA <pooja...@gmail.com> wrote:

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With Warm regards

 

DHIRAJ M THAKKER

 

# 9925037351