Introduction Members of the professional fraternity are aware that the Companies Act 2013(hereinafter referred to as The Act) is being notified for implementation in a phased manner-not surprisingly though, considering its overwhelming slant and dependence on sub-ordinate Legislation in the form of Rules. As we write these lines, only 98 out of the 470 Sections … Read More
Tags: Audit Committee, Companies Act, Corporate Affairs Ministry, Corporate Governance, Corporate law, Institute of Chartered Accountants of India, National Football League Draft, Official Gazette
Achromic Point Presents Corporate Landscape - Recent Developments and Perspective - Mumbai 21st February 2014 Dear Industry Colleague, Greetings from Achromic Point We would like to take this opportunity to inform and invite you to our upcoming seminar "Corporate Landscape - Recent Developments and Perspectivewith our knowledge partner MPC Legal in Mumbai on 21st February 2014. The seminar aims… Read More
Tags: chartered accountant, Corporate law, Corporation, Income tax, India, Law, Mumbai, United States
The Ministry of Corporate Affairs has released the Draft Forms under Draft Rules in Second Phase of the Companies Act 2013 and made them live for Public comments. Forms for 9 chapters issued under the 2nd phase of the Companies Act 2013 have been put for public comments. Download the Draft forms from the download section below. Download from here: Draft Forms in respect of… Read More
Tags: Companies Act, Companies Act 1956, Companies Act 2013, Corporate Affairs Ministry, Corporate law, India, Law, MCA, Registrar of Companies
After an extension of 2 days, tomorrow is the last date for submitting suggestions/ comments for the first tranche of Draft Rules being framed under the Companies Act, 2013. The Ministry of Corporate Affairs had, through an advertisement in newspapers last month, invited suggestions/ comments from all the stakeholders for the first tranche of Draft… Read More
Tags: 8th October 2013, chartered accountant, Companies Act, Companies Act 1956, Corporate Affairs Ministry, Corporate law, India, Recreation, Tranche
The New Companies Act, 2013 is a historic change in old law, which was a riddle wrapped up in enigma. The new law is futuristic, sustainable and give flexibility to corporate environment. Lot of fresh changes have been made keeping in mind globalization, large scale corporatization of small and medium organizations. New ideas have been… Read More
Tags: ASSOCHAM, Companies Act, Corporate Affairs Ministry, Corporate law, corporate social responsibility, India, Mumbai, Sachin Pilot
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
Click Here to Download the Draft Rules for Chapter XV -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 Chapter XV COMPROMISES, ARRANGEMENT AND AMALGAMATIONS 15.1 Application for order of a meeting (1) An application along with a Notice of Admission supported by an affidavit in Form No. 15.1 under sub-section (1) of section 230 for an… Read More
Tags: Board of directors, Companies Act, CompanySecretary, Corporate Affairs Ministry, Corporate law, Creditor, FeedBurner, India
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… Read More
Tags: book on companies act, Central Government, Companies Act, Companies Act 1956, Companies Act 2013 book, Corporate Affairs Ministry, Corporate law, eMinds Legal -Advocates & Solicitors, Gazette of India, Gurgaon, India, Rajya Sabha
The Companies Bill, passed by both the Houses of Parliament and signed by President of India, is a historic piece of legislation aimed at improving transparency and accountability in India's corporate sector. On its enactment, post the presidential consent; the law will replace the Companies Act, 1956. The Act, when enacted, will allow the country to have… Read More
Tags: Amarjit Chopra, ASSOCHAM, Companies Act, Companies Act 1956, Corporate Affairs Ministry, Corporate law, corporate social responsibility, India
Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter II -Incorporation of Company and Matters Incidental Thereto (Sections 3 - 22) Notified Section 19- Subsidiary company not to hold shares in its holding company (1) No company shall, either by itself or through its nominees, hold any shares in its holding company and no… Read More
Tags: Board, Business, Companies Act, Corporate law, Holding company, India, Notification Of Companies Act 2013, Subsidiary
Commencement Notification Of Companies Act 2013 Notified Details of Section 2 In this Act, unless the context otherwise requires,” (1) abridged prospectus means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulation in this behalf; [ Not Notified] (2) accounting standards means… Read More
Tags: Central Government, chartered accountant, Chief financial officer, Company, CompanySecretary, Corporate law, India, Lawyer
The Ministry of Corporate Affairs, has notified 98 sections of the Companies Act 2013 (18 of 2013) by way of a notification dated 12th September 2013. All these sections will now come into immediate effect from 12th September 2013. The professional must now read both the Companies Act viz. 1956 and 2013 together, in order to… Read More
Tags: 12th September 2013, Central Government, Chapter VII of the United Nations Charter, Companies Act, Companies Act 2013, Corporate Affairs Ministry, Corporate law, Government of India, Legal liability, Public Offer, Red herring prospectus, September 2013, Share capital, Shelf registration, Subsidiary
Presents COMPANIES BILL 2013 Beginning of a New Era Mumbai 20th September | New Delhi 27th September | Bengaluru 4th October | Hyderabad 9th October Dear Industry Colleague, We would like to take this opportunity to inform and invite you to our upcoming seminar Companies Bill 2013 Beginning of a New Era in the… Read More
Tags: Bill, Companies Act, Companies Act 1956, Corporate Affairs Ministry, Corporate law, Hyderabad, India, Mumbai, New Delhi, Sachin Pilot