Chapter 7 - Corporate Law Reporter

Section 106 of Companies Act, 2013 – Restriction on Voting Rights

SECTION 106. RESTRICTION ON VOTING RIGHTS [Effective from 12th September, 2013] EXEMPTIONS Section 106 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise, vide Notification No. 464(E) dated 5th June, 2015. The above mentioned exception shall be applicable to a private company which has… Read More

Section 105 of Companies Act, 2013 – Proxies

SECTION 105. PROXIES [Effective from 12th September, 2013, except the third and fourth proviso of sub-section (1) and sub-section (7)] [Third and fourth proviso of sub-section (1) and sub-section (7) effective from 1st April,2014] EXEMPTIONS Section 105 shall apply to a private company unless otherwise specified in respective sections or the articles of the company… Read More

Section 104 of Companies Act, 2013 – Chairman of Meetings

SECTION 104. CHAIRMAN OF MEETINGS [Effective from 12th September, 2013] EXEMPTIONS Section 104 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise, vide Notification No. 464(E) dated 5th June, 2015. The above mentioned exception shall be applicable to a private company which has not… Read More

Section 103 of Companies Act, 2013 – Quorum for Meetings

SECTION 103. QUORUM FOR MEETINGS [Effective from 12th September, 2013] EXEMPTIONS Section 103 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise, vide Notification No. 464(E) dated 5th June, 2015. The above mentioned exception shall be applicable to a private company which has not… Read More

Section 102 of Companies Act, 2013 – Statement to be Annexed to Notice

SECTION 102. STATEMENT TO BE ANNEXED TO NOTICE [Effective from 12th September, 2013] EXEMPTIONS Section 102 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise, vide Notification No. 464(E) dated 5th June, 2015. The above mentioned exception shall be applicable to a private company… Read More

Section 101 of Companies Act, 2013 – Notice of Meeting

SECTION 101. NOTICE OF MEETING [Effective from 1st April, 2014] EXEMPTIONS Section 101 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise, vide Notification No. 464(E) dated 5th June, 2015. The above mentioned exception shall be applicable to a private company which has not… Read More

Section 100 of Companies Act, 2013 – Calling of Extraordinary General Meeting

SECTION 100. CALLING OF EXTRAORDINARY GENERAL MEETING [Effective from 12th September, 2013, except sub-section (6)] [Sub-section (6) effective from 1st April, 2014] (1) The Board may, whenever it deems fit, call an extraordinary general meeting of the company. [Provided that an extraordinary general meeting of the company, other than of the wholly owned subsidiary of… Read More

Section 99 of Companies Act, 2013 – Punishment for Default in Complying With Provisions of Sections 96 to 98

SECTION 99. PUNISHMENT FOR DEFAULT IN COMPLYING WITH PROVISIONS OF SECTIONS 96 TO 98 [Effective from 1st June, 2016] If any default is made in holding a meeting of the company in accordance with section 96 or section 97 or section 98 or in complying with any directions of the Tribunal, the company and every… Read More

Section 98 of Companies Act, 2013 – Power of Tribunal to call Meetings of Members, etc.

SECTION 98. POWER OF TRIBUNAL TO CALL MEETINGS OF MEMBERS, ETC. [Effective from 1st June, 2016] (1) If for any reason it is impracticable to call a meeting of a company, other than an annual general meeting, in any manner in which meetings of the company may be called, or to hold or conduct the… Read More

Section 97 of Companies Act, 2013 – Power of Tribunal to Call Annual General Meeting

SECTION 97. POWER OF TRIBUNAL TO CALL ANNUAL GENERAL MEETING [Effective from 1st June, 2016] (1) If any default is made in holding the annual general meeting of a company under section 96, the Tribunal may, notwithstanding anything contained in this Act or the articles of the company, on the application of any member of… Read More

Section 96 of Companies Act, 2013 – Annual General Meeting

SECTION 96. ANNUAL GENERAL MEETING [Effective from 1st April, 2014] (1) Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen… Read More

Section 95 of Companies Act, 2013 – Registers, etc., to be Evidence

SECTION 95. REGISTERS, ETC., TO BE EVIDENCE [Effective from 1st April, 2014] The registers, their indices and copies of annual returns maintained under sections 88 and 94 shall be prima facie evidence of any matter directed or authorised to be inserted therein by or under this Act. Read More

Section 94 of Companies Act, 2013 – Place of Keeping and Inspection of Registers, Returns, etc.

SECTION 94. PLACE OF KEEPING AND INSPECTION OF REGISTERS, RETURNS, ETC. [Effective from 1st April, 2014] (1) The registers required to be kept and maintained by a company under section 88 and copies of the annual return filed under section 92 shall be kept at the registered office of the company: Provided that such registers… Read More