Company Law
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
Section 46 of Companies Act 2013
Section 46 of Companies Act. Certificate of shares “(1) A certificate, 1 [issued under the common seal, if any, of the company or signed by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary], specifying the shares held by any person, shall be prima facie evidence […]
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Aayush Aman
February 07, 2024 at 07:34 AM
Section 28 of Companies Act 2013
Section 28 of Companies Act. Offer of sale of shares by certain members of the company. Scope Section 28 of the Companies Act, 2013 has laid down the procedure for an “offer of sale” by the existing member of the company in consultation with the Board of Directors to offer all or part of their […]
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Suvarna Satpute
February 07, 2024 at 07:18 AM
Section 73 of Companies Act 2013
Section 73 of Companies Act. Prohibition on acceptance of deposits from Public The Companies Act, 2016 under Chapter – V provides for Acceptance of Deposits by Companies. Under Chapter V the Act provides for the provisions where a company is prohibited and on what grounds a company is provided prohibitions on accepatance of deposits from […]
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Hira Paul
February 07, 2024 at 06:49 AM
Section 45 of Companies Act 2013
Section 45 of Companies Act. Numbering of shares. “Every share in a company having a share capital shall be distinguished by its distinctive number: Provided that nothing in this section shall apply to a share held by a person whose name is entered as holder of beneficial interest in such share in the records of […]
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Aayush Aman
February 06, 2024 at 08:56 AM
Section 24 of Companies Act 2013
Section 24 of Companies Act. Power of Securities and Exchange Board to regulate issue and transfer of securities. This provision empowers SEBI to regulate,“ Power of Securities and Exchange Board to regulate issue and transfer of securities, etc.— (1) The provisions contained in this Chapter, Chapter IV and in section 127 shall,— (a) in so […]
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Suvarna Satpute
February 05, 2024 at 12:59 PM
Section 43 of Companies Act 2013
Section 43 of Companies Act – Kinds of Share Capital: “The share capital of a company limited by shares shall be of two kinds, namely: — (a) equity share capital— (i) with voting rights; or (ii) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be prescribed; and […]
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Aayush Aman
February 05, 2024 at 12:35 PM
Section 137 Of Companies Act 2013 – Filing Of Financial Statement
Filing of Financial Statements 1) Adopted Financial Statements A copy of the financial statements that are duly adopted at the Annual General Meeting (AGM) of the company has to be filed with the Registrar of Companies (ROC) within 30 days in such manner, with such fees or additional fees as may be prescribed within the […]
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Jain Saloni
December 19, 2023 at 08:00 AM