The Companies Act, 2013 was passed by the Lok Sabha on 18th December, 2012, by Rajya Sabha on 8th August, 2013, received assent of our Hon’ble President Shri Pranab Mukherjee on 29th August, 2013, and finally published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 30th August, 2013 as Act No. 18 of 2013, thus repealing the 57 year old Companies Act, 1956.
The new Law is progressive, forward looking and promises improved corporate governance norms, enhanced disclosures and transparency, increased accountability of company managements and auditors, protection of interest of investors, particularly small and minority investors, better shareholder democracy, facilitation of corporate social responsibility (CSR) and stricter enforcement processes.
eMinds Legal -Advocates & Solicitors, a Law Firm based out of Gurgaon has authored the book Companies Act 2013 – Simplified published by Bharat.
Highlights & Tables
Chapter 1 Highlights of the Companies Act, 2013 (“ACT”)
Chapter 2 Comparative Analysis of Provisions of Companies Act, 2013 with Companies Act, 1956
Chapter 3 Comparative Analysis of Provisions of Companies Act, 1956 with Companies Act, 2013
Chapter 4 Privileges and Exemptions to Private Companies, One Person Companies, Dormant Companies and Small Companies
Chapter 5 Provisions Related to Independent Directors under Companies Act, 2013
Chapter 6 Provisions Related to Listed Companies under Companies Act, 2013
Chapter 7 Committees of the Board of Directors under Companies Act, 2013
Chapter 8 Registers to be Maintained under Companies Act, 2013
Chapter 9 List of Matters Requiring Ordinary Resolution
Chapter 10 List of Matters Requiring Special Resolution
Chapter 11 List of Matters Requiring Special Notice
Chapter 12 List of Matters Requiring Consent of more than 90% of the members
Chapter 13 Powers of Central Government (CG)
Chapter 14 Powers of National Company Law Tribunal (NCLT)
Chapter 15 Powers of Regional Director (RD)
Chapter 16 Matters to be Prescribed
Chapter 17 List of Offences Compoundable in Nature (Powers Vested with Regional Director)
Chapter 18 List of Offences Compoundable in Nature (Powers Vested with National Company Law Tribunal)
Chapter 19 List of Offences Compoundable in Nature (Powers Vested with Special Court)
Chapter 20 List of Offences Non-Compoundable in Nature
Chapter 21 List of Offences for which the Punishment for Fraud has been Prescribed under section 447
Analysis of Companies Act, 2013 containing:
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