Prosecution Architecture Under The Companies Act 2013
Foreword Mechanism For Criminal Proceedings Under The Present Companies Act 1956 Generally at the time of scrutinizing the Balance Sheet and Other Financial Statements of the Company, if Registrar of Companies come across any lapses on part of the Company in recording the transactions and financial irregularities etc. and observed provisions of Companies Act 1956… Read More
Tags: Central Government, Companies Act, Companies Act 1956, Company Law Board, Registrar of Companies, Securities & Exchange Board of India, Serious Fraud Investigation Office, SFIO
Right Of First Refusal: A Contractual Restriction On Transfer Of Shares
Introduction Among various provisions of incorporating documents such as shareholder™s agreement in a corporation, an item will often appear labeled ROFR / Right of First Refusal. ROFR is a contractual right that obliges the selling shareholder not to sell its shares in the company to a third party without offering his shares to another party… Read More
Tags: Companies Act 1956, Company Law Board, Corporation, Delhi High Court, Pre-emption right, Right of First Refusal, ROFR, Shareholders' agreement
MCA Clarification on applicability of Section 185 of Companies Act 2013 and Section 372A of the Companies Act, 1956
CLR Editorial Notes: After some of the Companies Act 2013 Sections were notified, the Ministry of Corporate Affairs received several suggestions and representations regarding the notification of Section 185 of Companies Act 2013 (which deals with loans to Directors - and which corresponds to Section 295 of the Companies Act, 1956). This comes at a… Read More
Tags: Board of directors, Companies Act, Companies Act 1956, Companies Act 2013, Company Law Board, Corporate Affairs Ministry, Government, MCA, New Delhi, Section 185 of Companies Act 2013
CLB Order regarding Constitution of benches for the purpose of Exercising and discharging the Board’s power and functions
File No. 10/43/2005-CLB GOVERNMENT OF INDIA COMPANY LAW BOARD Paryavaran Bhawan, 3rd Floor, B-Block, C.G.O. Complex, Lodhi Road, New Delhi - 110 003 Dated: 25/09/2013 ORDER The Companies Act, 2013 received the assent of the President of India on 29.08.2013 and was notified in the Gazette of India on 30.08.2013. Towards its implementation, 98… Read More
Tags: Companies Act, Companies Act 1956, Companies Act 2013, Company Law Board, Corporate Affairs Ministry, India, Lodhi Road, New Delhi
Amendments in Company Law Board Regulations,1991 in relation to Companies Act 2013
File No. 10/36/2001-CLB GOVERNMENT OF INDIA COMPANY LAW BOARD Paryavaran Bhawan, 3rd Floor, B-Block, C.G.O. Complex, Lodhi Road New Delhi - 110 003 Dated:25/09/2013 ORDER In exercise of the powers conferred by sub- section (4B) and sub-section (6) of Section 10(E) of the Companies Act, 1956 (1 of 1956) read with Regulation 4 of the Company… Read More
Tags: Companies Act, Companies Act 1956, Company Law Board, Corporate Affairs Ministry, India, Institute of Chartered Accountants of India, New Delhi, Registrar of Companies
NCLT will take over and re-hear all CLB cases, in which verdicts have been reserved
The advent of the Companies Act 2013, has provided a new lease of life for many judgments which have been reserved by the Company Law Board. Under the Companies Act 2013, National company Law tribunals will be taking over the hearing of all cases related to Company Law. It has come to the notice that… Read More
Tags: Companies Act, Companies Act 1956, Companies Act 2013, Company Law Board, Corporate Affairs Ministry, Madras High Court, NCLT, Supreme Court
“Mergers & Acquisitions In the New Era of Companies Law” – Assocham Conference
Overview The new Company Bill 2012 promises to bring easy and efficient way of doing business in India, better governance, improves levels of transparency, enhance accountability, inculcating self compliance and making corporate socially responsible. Some of the key changes to look for are in merger/de-merger processes, cross border mergers, fast track mergers between small companies… Read More
Tags: ASSOCHAM, Business, Company Law Board, Corporate Affairs Ministry, Corporate law, India, Mergers & Acquisitions, New Delhi
Ministry of Corporate Affairs issues Companies (Removal of Difficulties) Order, 2013
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated __] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 20th September 2013 S.O. (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President… Read More
Tags: Central Government, Companies Act, Companies Act 1956, Companies Act 2013, Company Law Board, Corporate Affairs Ministry, India, New Delhi
Company Board (Group ‘B’ Post- Section Officer) Recruitment Rules, 2013
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Shastri Bhawan, 5th floor, A-Wing New Delhi -110001 NOTIFICATION New Delhi the 15TH March, 2013. G.S.R. - In exercise of the powers conferred by the proviso to article 309 of the Constitution and in supersession of… Read More
Tags: Central Government, Company Law Board, Departmental Assistant, Gazette of India, Government of India, Ministry of Corporate Affairs, New Delhi, Union Public Service Commission
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