Companies Act 2013
Section 16 Of Companies Act 2013: Rectification Of The Name Of A Company
Section 16 of the Companies Act, 2013 talks about the Rectification of the name of a Company. If, through inadvertence or otherwise, a company on its first registration or on its registration by a new name, is registered by a name which, — (a) in the opinion of the Central Government, is identical with or […]
Swagata Pramanik
December 15, 2023 at 09:29 AM
Section 436 of the Companies Act, 2013 – Offences triable by Special Courts
Section 436 (1) (a) of the Companies Act, 2013 states that despite any provisions of the Code of Criminal Procedure, 1973 (CrPC) all offences mentioned under section 435 (1) shall be triable only by a Special Court. Clause (b) provides that when a person suspected of committing an offence under this Act is forwarded to […]
Tanish Karuia
December 15, 2023 at 09:27 AM
Section 127 Of Companies Act 2013: Punishment for Failure to Distribute Dividends
Definition of Dividend The term “dividend” is defined under Section 2(35) of the Companies Act of 2013. The name ‘dividend’ comes from the Latin word ‘dividend,’ which means ‘items to be divided.’ In basic terms, it refers to the percentage of a firm’s net profit that is not preserved by the company once it has […]
##companiesact2013##COMPANYLAW##Section 127
Tanish Karuia
December 15, 2023 at 09:21 AM
Section 55 Of Companies Act 2013: Issue And Redemption Of Preference Shares
What are Preference Shares? There are 2 types of shares in any company first is Equity shares or Common Stock and the second is Preference shares of Preferred stock. Equity shareholders are considered as real owners of the Company as they have voting rights in a company while preference shareholders don’t have voting rights on […]
Shubham Mishra
December 15, 2023 at 09:14 AM
Section 231 Of The Companies Act 2013
Section 231: Power of Tribunal to Enforce Compromise and Arrangement Section 231 of The Companies Act, 2013 talks about the powers of NCLT to enforce the order of Compromise and Arrangement. This provision is an ancillary order of Section 230 of The Companies Act, 2013. This provision states that if the tribunal has allowed compromise […]
Vaswani Nishtha
December 15, 2023 at 09:13 AM
Section 18 of the Companies Act 2013: Private to Public Conversion
Have you ever wondered what it takes for a private company to step into the public spotlight? In India, businesses don’t just grow; they evolve. This is where Section 18 of the Companies Act 2013 comes into being. It lays out the legal path for entrepreneurs who have completed a Pvt Ltd company registration to […]
#how to convert private limited company into public limited company#section 18 of companies act 2013
Joel Dsouza
December 15, 2023 at 09:08 AM
Section 61 Of Companies Act 2013: Alteration Of Share Capital
Section 61 of the Companies Act 2013 states ways of alteration of the share capital in a company that is limited by shares and provides guidelines on how to fetch it in the company’s MOA and AOA. While Section 64 states the Procedure for altering the capital of a company. Under Section 61 of the […]
Shruti Srivastava
December 15, 2023 at 09:05 AM
Section 216 Of Companies Act, 2013- Investigation Of Ownership Of Company
Section 216 of the Companies Act 2013 is a part of Chapter XIV which deals with Inspection, Inquiry, and Investigation. Section 216 provides for the investigation of the ownership of the company by the Central Government. Member is any person who is a subscriber to the memorandum of the company or a person who has […]
##companiesact2013##INVESTIGATION##OwnershipOfCompany##Section216
Swagata Pramanik
December 15, 2023 at 09:02 AM
Vacation Of Office Of Director Under Companies Act 2013 (Section 167)
Vacation of Office of Director This section applies to both private and public companies. The office of a director is considered vacant in the following cases: a) If the Director is Disqualified: If the director of a company is disqualified as per section 164 of the Companies Act 2013, then he would have to vacate […]
Shubham Mishra
December 15, 2023 at 07:24 AM
Section 41 Of Companies Act 2013: Global Depository Receipt
A depository receipt is an instrument that is denominated in a foreign currency. It is issued by a foreign depository to a domestic administrator and is listed on an international exchange. A Global Depository Receipt (‘GDR’) is an instrument in the form of a depository receipt generated by a foreign depository outside India and authorized […]
Swagata Pramanik
December 15, 2023 at 07:19 AM