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. 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
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. 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. 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 : 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. 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
Section 47 of Companies Act 2013
Section 47 of Companies Act 2013. Voting Rights “(1) Subject to the 1[provisions of section 43, sub-section (2) of section 50 and sun-section (1) of section 188], — (a) every member of a company limited by shares and holding equity share capital therein, shall have a right to vote on every resolution placed before the […]
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Aayush Aman
February 08, 2024 at 12:29 PM
Section 88 of Companies Act 2013
Section 88 of Companies Act 2013. Register of Member. “(1) Every company shall keep and maintain the following registers in such form and in such manner as may be prescribed, namely: — (a) register of members indicating separately for each class of equity and preference shares held by each member residing in or outside India; […]
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Vaibhav Bhatt
February 07, 2024 at 01:17 PM
Section 29 of Companies Act 2013
Section 29 of Companies Act. Public offer securities, dematerialized form, public offer security to be in dematerialized form In India, we all witness a remarkable transformation in the security market and securities issuance. We also have seen the dematerialization of securities from physical to electronic form through secure online process. Dematerialization was adopted to reduce […]
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Suvarna Satpute
February 07, 2024 at 10:30 AM