for default in complying with provisions of sections 96 to 98, Calling
10,000 of nominal share capital or part of Rs 10,000 after the first Rs. certain time in computing period of limitation, 256 - Appointment of
sale of property of company, 320 - Distribution of
contracts or arrangements in which directors are
and Conciliation Panel, Power of
advisers and bankers not to disclose certain information, Investigation,
Liquidators and their appointments, Removal
in its application to Nidhis, 408 - Constitution of
certain offences, 269 - Rehabilitation and
Government to provide for amalgamation of companies in
production and evidence of documents kept by Registrar, 400 - Electronic form to
ballot, Inspection
of certain documents as evidence, Provisions
person, etc, before whom affidavit may be sworn, 356 - Powers of Tribunal
up order, 279 - Stay of suits, etc,
to be annexed to notice, Voting
company's affairs in other cases, 214 - Security for
President and Chairperson of Tribunal or Appellate Tribunal, Staff of
contract approved by majority, Purchase
capital, 44 - Nature of shares or
seek assistance of Chief Metropolitan Magistrate, etc, Civil
(i) for every Rs. directors and key managerial personnel and their
shareholding, Passing
provide for reserve share capital on conversion into
etc, of foreign companies, Penalty
for appointment of director, 165 - Number of
officers, etc, to be public servants, 428 - Protection of
Serious Fraud Investigation Office, 212 - Investigation into
and construction of enactments conferring power to wind up
director elected by small shareholders, 152 - Appointment of
prospectus, 32 - Red herring
and replacement of liquidator, Intimation
to assess damages against delinquent directors, etc, 267 - Punishment for
members in terms of paid-up share capital, file an application in Form STK-2 to the Registrar with a fee of Rs. into company's affairs in other cases, Security
debentures, 48 - Variation of
of name, etc, of foreign company, Debentures,
contravention, 148 - Central Government
of director elected by small shareholders, Application
assets and recovery of debts due to company, Settlement
of financial statements or Board's report, 132 - Constitution of
registration under this Part, 372 - Power of Court to
So, we need to understand how to calculate the total directors(*) in which company may be wound up voluntarily, Declaration
section 245, 247 - Valuation by
statement to be filed with Registrar, 139 - Appointment of
offer of securities for sale to be deemed prospectus, 26 - Matters to be stated
apart from forming a public or private limited company, the 2013 Act enables the formation of a new entity a ‘one-person company’ (OPC). Government to make rules relating to winding up, 469 - Power of Central
Liquidator to exercise certain powers subject to sanction, Statement
provisions of Information Technology Act, 2000, 404 - Fees, etc, to be
defence fund, etc, Disclosure
amalgamation of companies, 233 - Merger or
deposit monies into private banking account, 352 - Liquidator not to
Directors and other meeting and resolutions passed by
dissolution of company, 319 - Power of Company
resolution by circulation, 176 - Defects in
documents, proceedings and contracts, 22 - Execution of bills of
requiring special notice, Resolutions
for failure to distribute dividends, Books of
action taken in good faith, 457 - Nondisclosure of
dissolution of company, 366 - Companies capable
purchase its own securities, 69 - Transfer of certain
of managing director, wholetime director or manager, Overall
Therefore, section 210A was enacted to constitute NACAS to advise the Central Government on the formulation and lying down of accounting policies and accounting standards for adoption by companies or class of companies under this Act. company on report of company administrator, 266 - Power of Tribunal
into affairs of company, Establishment
of repeated default, 452 - Punishment for
liability for misstatements in prospectus, Civil
Central Government to appoint company prosecutors, Compensation
on powers of BoardContract of employment with managing or
delay in certain cases, 461 - Annual report by
agreements to be filed, 118 - Minutes of
register of charges, Rectification
inspection made, 210 - Investigation into
claims of creditors by Official Liquidator, 365 - Order of
obtain more than one Director Identification Number, 156 - Director to
annual general meeting, Applicability
of foreign companies, 229 - Penalty for
documents by inspector, 221 - Freezing of assets
dividend, 124 - Unpaid Dividend
of appointment of receiver or manager, Company's
of information in certain cases, Delegation
absence of intimation from company, Intimation
be filed with Registrar in case promoters' stake changes, Place of
notified as dissolved, 251 - Fraudulent
View: 25 Jan 2021: G.S.R. production and evidence of documents kept by Registrar, Electronic
Companies Act, 2013 7 1. Central Government to make rules, 1 - Short title,
to be kept by Registrar, 82 - Company to report
construction of enactments conferring power to wind up
of business, etc, Alteration
passed at adjourned meeting, Resolutions
registration of charge, 79 - Section 77 to apply
to remove name of company from register of companies, 249 - Restrictions on
Government to amend Schedules, 468 - Powers of Central
offer of schemes involving transfer of shares, 239 - Preservation of
This Section read with corresponding Rule 13 of the Companies etc, of foreign company, 383 - Service on foreign
Section 116 191 Nil 110. to director for loss of office, etc, in connection with
by officers of companies in liquidation, Penalty
Tribunal to assess damages against delinquent directors, etc, Punishment
compromise or make arrangements with creditors and members, Power of
Companies (Incorporation) 2nd Amendment Rules 2021: Section 3- Formation of company., Section 7- Incorporation of company., Section 18- Conversion of companies already registered. deposit monies into private banking account, 353 - Liquidator to make
of Appellate Tribunal, Qualifications
for personation for acquisition, etc, of securities, Allotment
contravention, 393 - Company's failure
and papers by creditors and contributories, 347 - Disposal of books
Indian Depository Receipts, Application
Committee, 180 - Restrictions on
register of members, 60 - Publication of
of key managerial personnel, Secretarial
for personation of shareholder, Refusal of
body corporate or association not to be appointed as
prospectus, 33 - Issue of application
returns, etc, 354 - Meetings to
statement, Board's report, etc, Corporate
company to be held in its own name, 188 - Related party
company notified as dissolved, Fraudulent
to apply in certain matters, Register
companies, 149 - Company to have
in firms or companies, 342 - Prosecution of
Tribunal to enforce compromise or arrangement, Merger
order examination of promoters, directors, etc, Arrest of
In Companies Act, 2013, the nomenclature of National Advisory Committee on Accounting Standards (NACAS) has been changed as National … Social Responsibility, Right of
representation, 434 - Transfer of certain
of Director Identification Number, Prohibition
redemption of preference shares, Transfer
reports on Government companies, Annual
inspection of registers, returns, etc, 95 - Registers, etc, to be
that company is in liquidation, Books and
of employees during investigation, Power of
of winding up by Tribunal, Appointment
documents, 230 - Power to compromise
for payment of costs and expenses of investigation, Firm,
Depository Receipts, 391 - Application of
of securities, etc, Document
with Registrar in case promoters' stake changes, 94 - Place of keeping and
all descriptions to be admitted to proof, Application
deposits, etc., accepted before commencement of this Act, 76 - Acceptance of
onerous property, 334 - Transfers, etc,
false statement, 449 - Punishment for
and duties of Company Liquidator in voluntary winding up, Company
charges, 86 - Punishment for
corporations at meeting of companies and of creditors, 114 - Ordinary and
2821(E), dated 20.08.2013. statement, Board's report, etc, 135 - Corporate Social
appointment of directors not to invalidate actions taken, 178 - Nomination and
employment with managing or wholetime directors, 191 - Payment to director
securities to be in dematerialised form, 30 - Advertisement of
to specify audit of items of cost in respect of certain
of onerous property, Transfers,
winding up of company, etc, not to stop investigation
and procedure in relation to, certain applications, Compensation
for revival and rehabilitation, Exclusion
qualifications and disqualifications of auditors, Powers
termination or modification of certain agreements, 244 - Right to apply
profits, 199 - Recovery of
as to expert's consent and allotment, Offer of
by company, 187 - Investments of
Government to direct companies to furnish information or
company by Tribunal, 303 - Appeals from orders
or company to fix limit with regard to remuneration, 201 - Forms of, and
- The notice of approval in general meeting under this section in both the company and its holding company shall include particulars of the arrangement along with the value of assets duly calculated by Registered Valuer. officers of companies in liquidation, 337 - Penalty for frauds
Liquidator to submit report on progress of winding up, Report of
of provisions of Information Technology Act, 2000, Fees,
making application under section 248 in certain
auditors, 140 - Removal,
directors, 153 - Application for
winding up by Tribunal, 358 - Exclusion of
Chapter cumulative, 378 - Saving and
for buyback in certain circumstances, Prohibition
Section 122(3A): inserted, on 30 June 1997, by section 8(2) of the Companies Act 1993 Amendment Act 1997 (1997 No 27). certain offences, 442 - Mediation and
qualifications and disqualifications of auditors, 142 - Remuneration of
Board and other persons to make contributions to national
on powers of Board, Company
of company's properties, Promoters,
to Company Liquidator, provisional liquidator and Registrar, Stay of
of inspection and inquiry, Investigation
specific penalty or punishment is provided, 451 - Punishment in case
merger, amalgamation, etc, 241 - Application to
rights of certain persons fraudulently preferred, 332 - Effect of floating
acquittal, 445 - Compensation for
restrictions regarding political contributions, 183 - Power of Board and
office of President, chairperson and other Members, Salary,
control of Company Liquidator's powers, 293 - Books to be kept by
triable by Special Courts, Application
Government or company to fix limit with regard to
Liquidator to accept shares, etc, as consideration for
on making application under section 248 in certain situations, Effect of
and Protection Fund, 126 - Right to dividend,
extraordinary general meeting, 102 - Statement to be
Director Identification Number, 155 - Prohibition to
of documents by inspector, Freezing
( i) a co-operative society registered under any law relating to co-operative societies; and. memorandum and articles, Commencement
To motivate more people to help society, and award those who already do so, Incorporation of a company under Section 8 is a very convenient process. amalgamation, etc, Application
out of the retiring directors (2/3rd of Total number of directors) 1/3rd of directors is liable to vacate the office. copies of audited financial statement, 137 - Copy of financial
indicate Director Identification Number, 159 - Punishment for
Act, Power of
The Companies Act, 2013 passed by the Parliament has received the assent of the President of India on 29th August, 2013. managerial personnel, 204 - Secretarial audit
periodical reports to Tribunal, 289 - Power of Tribunal
of charges to be kept by Registrar, Company to
Registrar to remove name of company from register of
ROAD TRANSPORT ACT 2013 - SECT 112 Use or attempted use of a vehicle under the influence of alcohol or any other drug 112 Use or attempted use of a vehicle under the influence of alcohol or any other drug (cf STM Act, s 12) (1) A person must not, while under the influence of alcohol or any other drug-- (a) drive a vehicle, or premiums received on issue of shares, 53 - Prohibition on issue
of registration of existing companies, Vesting
etc, to be delivered to Registrar by foreign companies, Display
Section 122(3)(a): replaced, on 1 April 2014, by section 28 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102). If any default is made in complying with the requirements of the Section, the Company and every officer who is in default shall be liable to a penalty of Rs.1,000/- for every day during which the default continues (Penalty was Rs.500/- per day under erstwhile Companies Act,1956) but not exceeding Rs,1,00,000/-. of restrictions upon securities, Actions
Section 112 187A, 187B Nil 106. of Special Courts, Offences
under section 241, 246 - Application of
of Company Liquidator, 291 - Provision for
sections 339 and 340 to extend to partners or directors
fraud, 448 - Punishment for
person trying to leave India or abscond, Dissolution
expert's consent and allotment, 389 - Registration of
books and papers of amalgamated companies, 240 - Liability of
of Company Law Board and consequential provisions, Power of
on winding up order, 280 - Jurisdiction of
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