eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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Chapter XXVIII- Special Courts (435 - 446) Section 439- Offences to be non-cognizable (1) Notwithstanding anything in the Code of Criminal Procedure, 1973, every offence under this Act except the offences referred to in sub-section (6) of section 212 shall be deemed to be non-cognizable within the meaning of the said Code. (2) No Court… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 414- Salary, allowances and other terms and conditions of service of Members The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed: Provided that neither the… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 413- Term of office of President, Chairperson and other Members (1) The President and every other Member of the Tribunal shall hold office as such for a term of five years from the date on which he enters upon his office, but shall… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 412- Selection of Members of Tribunal and Appellate Tribunal (1) The President of the Tribunal and the Chairperson and the Judicial Members of the Appellate Tribunal shall be appointed after consultation with the Chief Justice of India. (2) The Members of the Tribunal… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 411- Qualification of Chairperson and Members of Appellate Tribunal (1) The Chairperson shall be a person who is or has been a Judge of the Supreme Court or the Chief Justice of a High Court. (2) A Judicial Member shall be a person… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 410- Constitution of Appellate Tribunal The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, an Appellate Tribunal to be known as the National Company Law Appellate Tribunal consisting of a Chairperson and such number of… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 409- Qualification of President and Members of Tribunal (1) The President shall be a person who is or has been a Judge of a High Court for five years. (2) A person shall not be qualified for appointment as a Judicial Member unless… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 408- Constitution of National Company Law Tribunal The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, a Tribunal to be known as the National Company Law Tribunal consisting of a President and such number of… Read More
Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 407- Definitions In this Chapter, unless the context otherwise requires,” (a) Chairperson means the Chairperson of the Appellate Tribunal; (b) Judicial Member means a member of the Tribunal or the Appellate Tribunal appointed as such and includes the President or the Chairperson, as… Read More
Chapter XXV-Companies to Furnish Information or Statistics (405) Section 405- Power of Central Government to direct companies to furnish information or statistics (1) The Central Government may, by order, require companies generally, or any class of companies, or any company, to furnish such information or statistics with regard to their or its constitution or working,… Read More
Chapter XXIII-Government Companies (394 - 395) Section 394- Annual reports on Government companies (1) Where the Central Government is a member of a Government company, the Central Government shall cause an annual report on the working and affairs of that company to be” (a) prepared within three months of its annual general meeting before which… Read More
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
Chapter XIII -Appointment and Remuneration of Managerial Personnel (196 - 205) Section 202- Compensation for loss of office of managing or whole-time director or manager (1) A company may make payment to a managing or whole-time director or manager, but not to any other director, by way of compensation for loss of office, or as… Read More
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