Companies Act, 2013 By Dr P V S Jagan Mohan

Transcript:Companies Act, 2013 By Dr P V S Jagan Mohan:
Companies Act, 2013 By Dr P V S Jagan Mohan Rao M Com, LL B, FCS, FCMA, Ph D, MCJ, M A (Astrology) & MA (Sanskrit) Past President – The Institute of Company Secretaries of India – New Delhi Former Council Member – The Institute of Cost Accountants of India Member PAIB Committee of IFAC (International Federation of Accountants) President – SAFA (South Asian Federation of Accountants) Companies Act, 2013 Lok sabha – 18 12 12 Rajya Sabha – 8 8 13 Companies Act, 2013 29 Chapters 470 Sections 7 Schedules Substantial part of the Bill will be in the form of rules – will be prescribed The Government of India has power to notify different provisions of the Act at different parts of time The bill has 33 new definitions Companies Act, 2013 Chapters Chapter I Preliminary Short Title, Commencement and Application Definitions Chapter II Incorporation of Companies and Matters Incidental Thereto Chapter III Prospectus and Allotment of Securities Part I – Public Offer Part II – Private Placement Chapter IV Share Capital and Debentures Chapter V Acceptance of Deposits by Companies Chapter VI Registration of Charges Chapter VII Management and Administration Chapter VIII Declaration and payment of Dividend Chapter IX Accounts of Companies Chapter X Audit and Auditors Chapter XI Appointment and Qualifications of Directors Chapter XII Meetings of Board and its Powers Chapter XIII Appointment and Remuneration of Managerial Personnel Chapter XIV Inspection, Inquiry and Investigation Chapter XV Compromise, Arrangements and Amalgamations Chapter XVI Prevention of Office and Mismanagement Chapter XVII Registered Valuers Chapter XVII Removal of Names of Companies from the Register of Companies Chapter XIX Revival and Rehabilitation of Sick Companies Chapter XX Winding Up Winding Up by the Tribunal Voluntary Winding Up Provisions applicable to every mode of Winding Up Official Liquidators Chapter XXI Companies Authorised to register under this Act Chapter XXII Companies Incorporated outside India Chapter XXIII Annual Report of Government Companies Chapter XXIV Registration Offices and Fees Chapter XXV Companies to Furnish Information and Statistics Chapter XXVI Nidhis Chapter XXVII National Company Law Tribunal and Appellate Tribunal Chapter XXVIII Special Courts Chapter XXIX Miscellaneous Schedules Schedule I Memorandum and Articles of Association Schedule II Useful Lives to Compute Depreciation Schedule III General Instructions for preparation of Balance Sheet and Statement of Profit and Loss of Company Schedule IV Code for Independent Directors Schedules Schedule V Conditions to be fulfilled for the