[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated __] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 20th September 2013 S.O. (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President… Read More
Presents National Conference on Capital Market Frauds and Malpractices - Genesis, Resolution and Prevention - The growing number and size of capital market frauds are now a great cause of worry to the regulators, as besides hurting the investors, these harm the economy significantly. There are various kinds of frauds in defiance of the laws.… Read More
The President was pleased to promulgate the Securities Laws (Amendment) Second Ordinance, 2013 (No. of 2013) under clause (1) of the Article 123 of the Constitution on September 16, 2013. This was consequent to the approval of the Cabinet, which met on September 12, 2013, to keep in force the amendments to the Securities and… Read More
Click Here to download the Draft Rule for Chapter XXVII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL RULES, 2013 In exercise of the powers conferred by section 469 read with section 408 of Companies Act, 2013 the Central Government hereby makes the following rules namely:- Part I Preliminary Short… Read More
Click Here to Download the Draft Rule for Chapter XXVIII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER THE COMPANIES ACT, 2013 Chapter XXVIII (Rules in respect of Clause 442: MEDIATION AND CONCILIATION PANEL) 28.1. Panel of mediators/conciliators. (a) For the purposes of sub-section (1) of section 442 of the Act, any body, institute or association which has been authorized… Read More
The Draft Rule for Chapter XXI can be downloaded from here -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XXI PART I. Companies authorized to register under this Act 21.1. (1) For the purposes of sub-section (2) of section 366, the provision of Chapter II relating to name availability and incorporation of a company shall… Read More
Click Here to Download the Draft Rules for Chapter XVII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XVII REGISTERED VALUERS Definition 17.1 ˜Registered Valuer™ means a person registered as a Valuer under Chapter XVII of the Act. Registration as Valuers. 17.2 (1) For the purposes of sub-section (1) of section 247, the Central Government… Read More
Click Here to Download the Draft Rules for Chapter XV -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 Chapter XV COMPROMISES, ARRANGEMENT AND AMALGAMATIONS 15.1 Application for order of a meeting (1) An application along with a Notice of Admission supported by an affidavit in Form No. 15.1 under sub-section (1) of section 230 for an… Read More
Click Here to Download the Draft Rules for Chapter XIII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XIII APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL 13.1 For the purposes of second proviso to sub-section (4) of section 196, a company shall file a return of appointment of a managing director, whole time director or manager with the… Read More
Click Here to Download the Draft Rules for Chapter VII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 Chapter VII Management and Administration Register of members. 7.1. (1) For the purposes of clause (a) of sub-section (1) of section 88, every company shall, from the date of its registration, keep and maintain a register of its members… Read More
Click Here to Download the Draft Rules for Chapter III ----------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER III PROSPECTUS AND ALLOTMENT OF SECURITIES Part I Public Offer Matters to be stated in the prospectus 3.1. For the purposes of clause (a) of sub-section (1) of section 26, (1) pursuant to sub-clause (i), the names, addresses… Read More
Download Draft Rules under Companies Act 2013 Phase II Here The draft Rules for following 8 chapters under the Companies Act 2013 is made live for public comments in 2nd phase. The last date of receiving comments on these rules is 19/10/2013: Chapter III - Prospectus and Allotment of Securities Chapter VII - Management and… Read More
Circular No. 16 /2013 F.No.01. / 12 /2013-CL-V Government of lndia Ministry of Corporate Affairs 5th Floor, 'A'Wing, Shastri Bhawan, Dr.Rajendra Prasad Road, New Delhi-1 Dated 18 .09.2013 To All Regional Directors, All Registrar of Companies. Subject: Clarification on the notification dated 12.9.2013 Sir, This Ministry had issued a notification on 12.09.2013 bringing into force… Read More