PPT-RECENT AMENDMENTS COMPANIES ACT 2013. Companies (Incorporation)

RECENT AMENDMENTS COMPANIES ACT 2013 Companies Incorporation Amendment Rules 2019 21st February 2019 25A Active Company Tagging Identities and Verification ACTIVE S hall come into force with effect from. Act,2013. Fixed Assets & Calculating Depreciation Thereon. CA Gaurav Papriwal. Treatment . of Depreciation as per the Companies Bill, 2013. As per the Companies Bill, Depreciation is the . systematic . Copyright 2013 Lakshmikumaran . &Sridharan . 2. © COPYRIGHT . 2013 . LAKSHMI KUMARAN & SRIDHARAN . 2. Definitions: 94. “. Associate company. ”: . non subsidiary but has significant influence deemed to be control of over 20% or business decisions through an agreement . STRUCTURE OF COMPANIES ACT,2013. :. 658 SECTIONS OF 1956 ACT Vs 470 sections. 7 schedules ( 15 schedules in 1956 Act). 29 chapters. Rule based act therefore not Complete code. 348 SECTIONS ,WHREIN RULES TO BE FRAMED SEPERATELY. 1 CHAPTER I I INCORPORATION OF COMPAN Y AND MATTERS INCIDENTAL THERETO P erson incorporating a One Person Company to be a natural person, Indian citizen and resident in India 2.1 (1) In exercise u. nder Companies Act, 1956. Steps to be invovled while incorporating a company (private or public limited). Apply DIN’s for all directors with MCA and also apply Digital signature for any one of the director simultaneously with DINS.. Copyright 2013 Lakshmikumaran . &Sridharan . 2. © COPYRIGHT . 2013 . LAKSHMI KUMARAN & SRIDHARAN . 2. Definitions: 94. “. Associate company. ”: . non subsidiary but has significant influence deemed to be control of over 20% or business decisions through an agreement . Partner. UKCA and Partners. Email: pankaj.jain@ukca.in. Mobile: 844 777 8422. ADJUDICATION AUTHORITIES AND PENAL PROVISIONS. PAST PITFALLS AND LESSONS LEARNT. The Act substantially redresses past pitfalls and lays checks and balances through disclosures and enhanced corporate governance mechanisms . The Companies Act, 2013 CS PANKAJ JAIN Partner UKCA and Partners Email: pankaj.jain@ukca.in Mobile: 844 777 8422 ADJUDICATION AUTHORITIES AND PENAL PROVISIONS PAST PITFALLS AND LESSONS LEARNT The Act substantially redresses past pitfalls and lays checks and balances through disclosures and enhanced corporate governance mechanisms UDIN and . eCSin. CS. . Devendra. V . Deshpande. . Company Secretary . Companies Amendment Act, 2019 . DIR 3 KYC – WEB . Active Company and addition of Directors (167) (3) . Shifting of Registered office from One ROC to Other . Introduction to Companies Act, 2013. The Companies Bill was passed by the . Lok. . Sabha. (the Lower House of the Parliament of India) on 18 December 2012 and in the . Rajya. . Sabha. (the Upper House of the Parliament of India) on 8 August 2013. It received Presidential Assent on 29th August 2013 thereby creating the Companies Act 2013.. : An overview of key changes. | 21. st. April 2018. 1. 2. Background. . Significant legal reforms in recent times is the enactment of the Companies Act, 2013 (. 2013 Act) which overhauled the erstwhile Companies Act, 1956 (1956 Act). . Need to regulate - Rationale:. To prevent:.  . - . Siphoning off of Public funds lent by FIs and Banks .  . - . Public . issue proceeds.  . - . Misuse . by transferring funds to private businesses owned by the Director. Adv. (CS) . Ameya. . Munagekar. , CPA (USA). Do you think that?. A Company can issue shares at No Par Value?. A Company can trade in its own stock?. An LLP can issue shares & get listed on a Stock Bourse?. C. ORPORATE AFFAIRS COMMISSION. Lady . Azuka. . Azinge. Ag. Registrar-General/CEO. CORPORATE AFFAIRS COMMISSION. . Over the years, the Commission has been simplifying its processes and requirements towards making the process of registration and post registration services easier and cheaper..