eMinds Legal Advocates & Solicitors
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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Commencement Notification CA2013 :: Section 195 :: Prohibition on insider trading of securities
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 195- Prohibition on insider trading of securities (1) No person including any director or key managerial personnel shall enter into insider trading: Provided that nothing contained in this sub-section shall apply to any communication required in the ordinary course of business or profession… Read More
Commencement Notification CA2013 :: Section 194 :: Prohibition on forward dealings in securities of company by a key managerial personnel
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 194- Prohibition on forward dealings in securities of company by a key managerial personnel (1) No director of a company or any of its key managerial personnel shall buy in the company, or in its holding, subsidiary or associate company” (a) a right… Read More
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
Commencement Notification CA2013 :: Notified Sections 185 :: Loan to directors, etc
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 185- Loan to directors, etc (1) Save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom director is… Read More
Commencement Notification CA2013 :: Notified Sections 182 :: Prohibitions and restrictions regarding political contributions
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 182- Prohibitions and restrictions regarding political contributions (1) Notwithstanding anything contained in any other provision of this Act, a company, other than a Government company and a company which has been in existence for less than three financial years, may contribute any amount directly or indirectly… Read More
Commencement Notification CA2013 :: Notified Sections 176, 181, 183
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 176- Defects in appointment of directors not to invalidate actions taken No act done by a person as a director shall be deemed to be invalid, notwithstanding that it was subsequently noticed that his appointment was invalid by reason of any defect or… Read More
Commencement Notification CA2013 :: Notified Sections 180 :: Restrictions on powers of Board
Chapter XII -Meetings of Board and its Powers (173 - 195) Section 180 - Restrictions on powers of Board (1) The Board of Directors of a company shall exercise the following powers only with the consent of the company by a special resolution, namely:” (a) to sell, lease or otherwise dispose of the whole or… Read More
Commencement Notification CA2013 :: Notified Sections 161, 162, 163
Chapter XI -Appointment and Qualifications of Directors (149 - 172) Section 161- Appointment of additional director, alternate director and nominee director (1) The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general… Read More
Commencement Notification CA2013 :: Notified Section 127 & 133
Commencement Notification Of Companies Act 2013 :: 98 Sections Notified Chapter VIII -Declaration and Payment of Dividend (123 - 127) Section 127- Punishment for failure to distribute dividends Where a dividend has been declared by a company but has not been paid or the warrant in respect thereof has not been posted within thirty days… Read More
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
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
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
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
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