Implementation of the New Company Law
The Companies Act, 2013 has been assented to by the President of India on 29.08.2013 and published in the Official Gazette on 30.08.2013 which empowers the Central Government to bring into force various sections from such date(s) as may be notified. Accordingly, 98 Sections of the Companies Act, 2013 have been notified on 12.09.2013. Giving… Read More
Tags: Companies Act, Companies Act 1956, Corporate Affairs Ministry, Government of India, India, Lok Sabha, Sachin Pilot, Site of Special Scientific Interest
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 Meeting, Central Government, Company, Law, Punishment, Share capital, Site of Special Scientific Interest
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 Government, Company, False evidence, FeedBurner, Government, Law, Share capital, Site of Special Scientific Interest
Commencement Notification CA2013 :: Miscellaneous :: Section 447 :: Punishment for fraud
Chapter XXIX Miscellaneous (447 - 470) Section 447- Punishment for fraud Without prejudice to any liability including for repayment of any debt under this Act or any other law for the time being in force, any person who is found to be guilty of fraud, shall be punishable with imprisonment for a term which shall… Read More
Tags: Company, FeedBurner, Fraud, Law, Legal liability, Legal personality, Punishment, Site of Special Scientific Interest
Commencement Notification CA2013 :: Section 192 :: Restriction on non-cash transactions involving directors.
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 192- Restriction on non-cash transactions involving directors (1) No company shall enter into an arrangement by which ” (a) a director of the company or its holding, subsidiary or associate company or a person connected with him acquires or is to acquire assets… Read More
Tags: Annual General Meeting, Board of directors, Companies Act, Debenture, FeedBurner, Holding company, Security (finance), Shares, Site of Special Scientific Interest, Subsidiary
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 Meeting, Central Government, Chairman, Chapter VII of the United Nations Charter, Companies Act, Company, Extraordinary general meeting, FeedBurner, Notification Of Companies Act 2013, Proxy voting, Requisition, Rupee, Share capital, Site of Special Scientific Interest, Town and Country Planning Act 1990, Voting, Writing
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 Meeting, Central Government, Chairman, Chapter VII of the United Nations Charter, Companies Act, Company, Extraordinary general meeting, FeedBurner, Notification Of Companies Act 2013, Proxy voting, Requisition, Rupee, Share capital, Site of Special Scientific Interest, Town and Country Planning Act 1990, Voting, Writing
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 Meeting, Central Government, Chapter VII of the United Nations Charter, Companies Act, Company, Extraordinary general meeting, Notification Of Companies Act 2013, Proxy voting, Requisition, Rupee, Share capital, Site of Special Scientific Interest, Writing
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 Act, Debenture, India, Notification Of Companies Act 2013, Private company limited by shares, Share capital, Shares, Site 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 Act, Prospectus, Red herring prospectus, Registrars, Securities and Exchange Board, Security (finance), Share capital, Site of Special Scientific Interest
Drugs (Prices Control) Order, 2013 – Prices of Essential Medicines
After the announcement of National Pharmaceuticals Pricing Policy 2012, Drugs (Prices Control) Order, 2013 (DPCO, 2013) was notified on 15.05.2013. As per the provisions of DPCO, 2013 all the existing manufacturers of scheduled formulations, selling the branded or generic or both the versions of scheduled formulations at a price higher than the ceiling price (plus… Read More
Tags: DPCO, Essential medicines, Government, IMS-Health, Manufacturing, Price, Rajya Sabha, Site of Special Scientific Interest
Auction for Sale (Re-Issue) of 1.44% Inflation Indexed Government Stock 2023
Government of India have announced the sale (re-issue) of 1.44% Inflation Indexed Government Stock-2023 for a notified amount of Rs.1,000 crore (nominal) through price based auction. The auction will be conducted using uniform price method. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on August 27, 2013 (Tuesday). Up to 20% of the notified amount of the sale… Read More
Tags: Auction, Government of India, India, Kuber, Mumbai, Reserve Bank of India, Rupee, Site of Special Scientific Interest
Auction for Sale (Re-Issue) of 1.44% Inflation Indexed Government Stock 2023
Government of India have announced the sale (re-issue) of 1.44% Inflation Indexed Government Stock-2023 for a notified amount of Rs. 1,000 crore (nominal) through price based auction. The auction will be conducted using uniform price method. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on June 25, 2013 (Tuesday). Up to 20% of the… Read More
Tags: Auction, Government of India, India, June 25 2013, Kuber, Mumbai, Reserve Bank of India, Site of Special Scientific Interest
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