Companies Act 2013 – Simplified – A book by eMinds Legal

The Companies Act, 2013 was passed by the Lok Sabha on 18th December, 2012, by Rajya Sabha on 8^th August, 2013, received assent of our Hon™ble President Shri Pranab Mukherjee on 29^th August, 2013, and finally published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 30^th August, 2013 as Act No. 18 of 2013, thus repealing the 57 year old Companies Act, 1956.

The new Law is progressive, forward looking and promises improved corporate governance norms, enhanced disclosures and transparency, increased accountability of company managements and auditors, protection of interest of investors, particularly small and minority investors, better shareholder democracy, facilitation of corporate social responsibility (CSR) and stricter enforcement processes.

eMinds Legal -Advocates & Solicitors, a Law Firm based out of Gurgaon has authored the book Companies Act 2013 Simplified published by Bharat.

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Structure of the book

Division 1

Highlights & Tables
Chapter 1              Highlights of the Companies Act, 2013 (“ACT”)
Chapter 2              Comparative Analysis of Provisions of Companies Act, 2013 with Companies Act, 1956
Chapter 3              Comparative Analysis of Provisions of Companies Act, 1956 with Companies Act, 2013
Chapter 4              Privileges and Exemptions to Private Companies, One Person Companies, Dormant Companies and Small Companies
Chapter 5              Provisions Related to Independent Directors under Companies Act, 2013
Chapter 6              Provisions Related to Listed Companies under Companies Act, 2013
Chapter 7              Committees of the Board of Directors under Companies Act, 2013
Chapter 8              Registers to be Maintained under Companies Act, 2013
Chapter 9              List of Matters Requiring Ordinary Resolution
Chapter 10            List of Matters Requiring Special Resolution
Chapter 11            List of Matters Requiring Special Notice
Chapter 12            List of Matters Requiring Consent of more than 90% of the members
Chapter 13            Powers of Central Government (CG)
Chapter 14            Powers of National Company Law Tribunal (NCLT)
Chapter 15            Powers of Regional Director (RD)
Chapter 16            Matters to be Prescribed
Chapter 17            List of Offences Compoundable in Nature (Powers Vested with Regional Director)
Chapter 18            List of Offences Compoundable in Nature (Powers Vested with National Company Law Tribunal)
Chapter 19            List of Offences Compoundable in Nature (Powers Vested with Special Court)
Chapter 20            List of Offences Non-Compoundable in Nature
Chapter 21            List of Offences for which the Punishment for Fraud has been Prescribed under section 447

Division 2

Analysis of Companies Act, 2013 containing:

• Chapter wise Snapshot of Key Provisions
• Section-wise content on:
  • Objective of the section
  • Comments / Analysis with special emphasis on New / Modified provisions
  • Penalties
  • Departure from the Companies Act, 1956
  • Matters to be prescribed by Central Government

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