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Commencement Notification CA2013 :: Miscellaneous :: Section 452 :: Punishment for wrongful withholding of property

Chapter XXIX Miscellaneous (447 - 470) Section 452- Punishment for wrongful withholding of property (1) If any officer or employee of a company” (a) wrongfully obtains possession of any property, including cash of the company; or (b) having any such property including cash in his possession, wrongfully withholds it or knowingly applies it for the… Read More

Tags: Central GovernmentCompanyDebentureFeedBurnerLawpropertyRupee

Commencement Notification CA2013 :: Miscellaneous :: Section 451 :: Punishment in case of repeated default

Chapter XXIX Miscellaneous (447 - 470) Section 451- Punishment in case of repeated default If a company or an officer of a company commits an offence punishable either with fine or with imprisonment and where the same offence is committed for the second or subsequent occasions within a period of three years, then, that company… Read More

Tags: Annual General MeetingCentral GovernmentCompanyLawPunishmentSite of Special Scientific Interest

Commencement Notification CA2013 :: Miscellaneous :: Section 450 :: Punishment where no specific penalty or punishment is provided.

Chapter XXIX Miscellaneous (447 - 470) Section 450- Punishment where no specific penalty or punishment is provided If a company or any officer of a company or any other person contravenes any of the provisions of this Act or the rules made there under, or any condition, limitation or restriction subject to which any approval,… Read More

Tags: Annual General MeetingCompanyCrime and JusticeFeedBurnerProspectusPunishmentSecurity (finance)

Commencement Notification CA2013 :: Miscellaneous :: Section 449 :: Punishment for false evidence.

Chapter XXIX Miscellaneous (447 - 470) Section 449- Punishment for false evidence Save as otherwise provided in this Act, if any person intentionally gives false evidence” (a) upon any examination on oath or solemn affirmation, authorised under this Act; or (b) in any affidavit, deposition or solemn affirmation, in or about the winding up of… Read More

Tags: Central GovernmentCompanyFalse evidenceFeedBurnerGovernmentLawSite of Special Scientific Interest

Commencement Notification CA2013 :: Sections 379, 382, 383, 386

Chapter XXII-Companies Incorporated Outside India (379- 393) Section 379- Application of Act to foreign companies Where not less than fifty per cent. of the paid-up share capital, whether equity or preference or partly equity and partly preference, of a foreign company is held by one or more citizens of India or by one or more… Read More

Tags: AsiaBoard of directorsBusinessCompanies ActCompanyGovernment of IndiaIndia

Commencement Notification CA2013 :: Notified Sections 112 – 116, 91

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VII -Management and Administration (88 - 122)  Section 91- Power to close register of members or debenture holders or other security holders (1) A company may close the register of members or the register of debenture holders or the register of other security holders for any… Read More

Tags: Annual General MeetingBoard of directorsCentral GovernmentChairmanCompanies ActCompanyDebentureExtraordinary general meetingFeedBurnerIndiaProxy votingRequisitionRupeeSecurities and Exchange BoardSecurity (finance)VotingWriting

Commencement Notification CA2013 :: Notified Section 111 :: Circulation of members’ resolution

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VII -Management and Administration (88 - 122)   Section 111- Circulation of members' resolution (1) A company shall, on requisition in writing of such number of members, as required in section 100,” (a) give notice to members of any resolution which may properly be moved and is intended… Read More

Tags: Annual General MeetingCentral GovernmentChairmanChapter VII of the United Nations CharterCompanies ActCompanyExtraordinary general meetingFeedBurnerNotification Of Companies Act 2013Proxy votingRequisitionRupeeSite of Special Scientific InterestTown and Country Planning Act 1990VotingWriting

Commencement Notification CA2013 :: Notified Sections 106 – 107

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VII -Management and Administration (88 - 122)  Section 106- Restriction on voting rights (1) Notwithstanding anything contained in this Act, the articles of a company may provide that no member shall exercise any voting right in respect of any shares registered in his name on which any calls or other… Read More

Tags: Annual General MeetingCentral GovernmentChairmanChapter VII of the United Nations CharterCompanies ActCompanyExtraordinary general meetingFeedBurnerNotification Of Companies Act 2013Proxy votingRequisitionRupeeSite of Special Scientific InterestTown and Country Planning Act 1990VotingWriting

Commencement Notification CA2013 :: Notified Sections 105 :: Proxies

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VII -Management and Administration (88 - 122)  Section 105- Proxies (1) Any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint another person as a proxy to attend and vote at the meeting on his… Read More

Tags: Annual General MeetingCentral GovernmentChapter VII of the United Nations CharterCompanies ActCompanyExtraordinary general meetingNotification Of Companies Act 2013Proxy votingRequisitionRupeeSite of Special Scientific InterestWriting

Commencement Notification CA2013 :: Notified Sections 86 to 104

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VI -Registration of Charges (77 - 87)  Section 86- Punishment for contravention If any company contravenes any provision of this Chapter, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to ten lakh… Read More

Tags: Annual General MeetingChapter VII of the United Nations CharterCompanies ActCompanyExtraordinary general meetingRequisitionRupee

Commencement Notification CA2013 :: Notified Sections 44 to 57

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter IV -Share Capital and Debentures (Sections 43 - 72) Section 44- Nature of shares or debentures The shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company. Section… Read More

Tags: Companies ActDebentureIndiaNotification Of Companies Act 2013Private company limited by sharesSharesSite of Special Scientific Interest

Commencement Notification CA2013 :: Notified Sections 32 to 36

Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter III -Prospectus and Allotment of Securities (Sections 23 - 42) Notified Section 32- Red herring prospectus (1) A company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of a prospectus. (2) A company proposing to issue… Read More

Tags: Companies ActProspectusRed herring prospectusRegistrarsSecurities and Exchange BoardSecurity (finance)Site of Special Scientific Interest

CLR Flash :: Commencement Notification Of Companies Act 2013 :: 98 Sections Notified

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 2013Central GovernmentChapter VII of the United Nations CharterCompanies ActCompanies Act 2013Corporate Affairs MinistryCorporate lawGovernment of IndiaLegal liabilityPublic OfferRed herring prospectusSeptember 2013Shelf registrationSubsidiary

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