PPT-WORKSHOP ON COMPANIES ACT, 2013

Challenges and Opportunities for Chartered Accountants PART 2 WIRC AHMEDABAD 26102013 1 WORKSHOP ON COMPANIES ACT 2013 WIRC AHMEDABAD 26102013 2 PENALTIES PUNISHMENT FOR DEFAULTS . Definitions CHAPTER II INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS 581B Objects of Producer Company 581C Formation of Producer Company and its registration 581D Membership and voting rights of Members of Producer Company 581E Benefits to 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. By CS . Mamta. . Binani. Past Chairperson (Year 2010), EIRC of ICSI. Practising. Company Secretary. At ACAE. For Chartered Accountants. mamtab@mamtabinani.com. dated : 16.11.2013. SECRETARIAL AUDIT. Impact . on . M&A. December 18, 2015. Lalit . Kumar,. Partner. J. Sagar Associates. advocates & solicitors . Ahmedabad | Bengaluru | Chennai | Gurgaon | Hyderabad | Mumbai | New Delhi. Challenges and Opportunities for Chartered Accountants. PART - 2. WIRC - AHMEDABAD - 26.10.2013. 1. . WORKSHOP ON COMPANIES ACT, 2013. WIRC - AHMEDABAD - 26.10.2013. 2. . PENALTIES / PUNISHMENT FOR DEFAULTS . ACCOUNTS & AUDIT. ACAE STUDY CIRCLE - EIRC. KOLKATA. , AUGUST 23, 2014. CA. P. R. RAMESH. Contents. BACKGROUND. Presidential Assent – August 29, 2013. Act contains 470 Sections, 29 Chapters, 7 schedules. What does it mean to be publicly traded? . If a company is publicly traded then it is on the stock market. This means that the public can invest in the company with ease. Investments can be made in privately owned companies as well, but is less common because there is limited information . Failure . of. . SICA. SICA . lacked in . many . aspects. . –. ▫ . SICA . was . made applicable only . to . industrial. . undertakings. ▫ . Section 22 . of the . SICA . which . dealt with moratorium . 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 1956 –. Revised requirements for the Stock Exchanges and Listed Companies. . 2. Existing Regulatory Framework. Companies Act, 1956 – [Sec 391-394]. Listing Agreement. FEMA . Accounting Standards . 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. Accounts, Auditors, Dividends and Related Party Transactions. 12 September 2013. Con. tents. 2. Background. Accounts of Companies. Auditors. Dividend. Related . Party . Transactions. Glossary. Accounts of Companies.