Section 92 of Companies Act 2013

Section 92 of Companies Act 2013

Section 92 of Companies Act. Annual Return “(1) Every company shall prepare a return (hereinafter referred to as the annualreturn) in the prescribed form containing the particulars as they stood on the close of the financial year regarding—(a) its registered office, principal business activities, particulars of its holding, subsidiary and associate companies; (b)… … 6) […]

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Vaibhav Bhatt

February 12, 2024 at 10:57 AM

Section 91 of Companies Act 2013

Section 91 of Companies Act 2013

Section 91 of Companies Act. Power to close the register of members, debenture holders, or other security holders. “S91: (1) A company may close the register of members, the register of debenture holders, or the register of other security holders for any period or periods not exceeding in aggregate forty-five days in each year but […]

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Vaibhav Bhatt

February 12, 2024 at 08:28 AM

Section 90 of Companies Act 2013

Section 90 of Companies Act 2013

Section 90 of Companies Act. Register of significant beneficial owners in a company —(1) A company may close the register of members or the register of debenture-holders or the register of other security holders for any period or periods not exceeding in the aggregate forty-five days in each year, but not exceeding thirty days at […]

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Vaibhav Bhatt

February 12, 2024 at 07:02 AM

Section 33 of Companies Act 2013

Section 33 of Companies Act 2013

Section 33 of Companies Act. Issue of application forms for securities. Today the capital market is becoming more evolving for Investors! Different Regulatory Authorities are continuously trying to adapt to dynamic capital markets to protect investors and maintain a win-win situation for issuer and investors. If investors intend to apply for different types of Investment […]

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Suvarna Satpute

February 12, 2024 at 06:28 AM

Section 50 of Companies Act 2013

Section 50 of Companies Act 2013

Section 50 of Companies Act. Company to accept unpaid share capital, although not called up. “(1) A company may, if so authorized by its articles, accept from any member, the whole or a part of the amount remaining unpaid on any shares held by him, even if no part of that amount has been called […]

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Aayush Aman

February 12, 2024 at 05:29 AM

Section 32 of Companies Act 2013

Section 32 of Companies Act 2013

Amidst the landscape of the capital market, the issuance of securities has a key role in raising capital for companies. “The Companies Act, 2013,  led to  substantial reforms in the security market by introducing provisions with “the intent of guaranteeing transparency and safeguarding investor interests.”  One of the Provision Section 32 of Companies Act says about […]

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Suvarna Satpute

February 10, 2024 at 07:44 AM

Section 49 of Companies Act 2013

Section 49 of Companies Act 2013

Section 49 of Companies Act. Calls on shares of same class to be made on uniform basis. “Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that class. Explanation. — For the purposes of this […]

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Aayush Aman

February 10, 2024 at 07:04 AM

Section 31 of Companies Act 2013

Section 31 of Companies Act 2013

Section 31 of Companies Act 2013. Shelf Prospectus (1) Any class or classes of companies, as the Securities and Exchange Board may provide by regulations in this behalf, may file a shelf prospectus with the Registrar at the stage of the first offer of securities included therein which shall indicate a period not exceeding one […]

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Suvarna Satpute

February 09, 2024 at 05:53 AM

Section 89 of Companies Act 2013

Section 89 of Companies Act 2013

Section 89 of Companies Act : Declaration of Beneficial Interest in Any Share. “(1) Where the name of a person is entered in the register of members of a company as the holder of shares in that company but who does not hold the beneficial interest in such shares, such person shall make a declaration […]

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Vaibhav Bhatt

February 08, 2024 at 01:15 PM

Section 30 of Companies Act 2013

Section 30 of Companies Act 2013

Section 30 of Companies Act. Advertisement of prospectus. “Where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its memorandum as 39 regards the objects, the liability of members, and the amount of share capital of the company, and the names […]

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Suvarna Satpute

February 08, 2024 at 12:57 PM