RULES FRAMED UNDER COMPANIES ACT, 2013 Companies (Appointment and Qualification of Directors) Rules, 2014 Woman director on the Board 3. The following class of companies shall appoint at least one woman director— (i) every listed company; (ii) every other public company having— (a) paid-up share capital of one hundred crore rupees or more; or (b)… Read More »
Section – 177 Companies Act, 2013 (Enforced with effect from 1-4-2014.) Audit Committee 177. (1) The Board of Directors of every listed company and such other class or classes of companies, as may be prescribed1, shall constitute an Audit Committee. 2(2) The Audit Committee shall consist of a minimum of three directors with independent directors… Read More »
Section – 184 Companies Act 2013 (Enforced with effect from 1-4-2014.) Disclosure of interest by director 184. (1) Every director shall at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in… Read More »
Schedule I Companies Act, 2013 (Enforced with effect from 1-4-2014.) SCHEDULE I (See sections 4 and 5 ) TABLE A MEMORANDUM OF ASSOCIATION OF A COMPANY LIMITED BY SHARES 1st The name of the company is “…………………………Limited/Private Limited”. 2nd The registered office of the company will be situated in the State of ………………………………….. 3rd (a)… Read More »
Section – 149, Companies Act, 2013 (Enforced with effect from 1-4-2014) CHAPTER XI APPOINTMENT AND QUALIFICATIONS OF DIRECTORS Company to have Board of Directors . 149.1(1) Every company shall have a Board of Directors consisting of individuals as directors and shall have— (a) a minimum number of three directors in the case of a public company,… Read More »
Section – 161, Companies Act, 2013 (Except sub-section (2), section 161 enforced with effect from 12-9-2013. Sub-section (2) of section 161 enforced with effect from 1-4-2014.) Appointment of additional director, alternate director and nominee director 161. (1) The articles of a company may confer on its Board of Directors the power to appoint any person,… Read More »
Section – 173, Companies Act, 2013 ( Enforced with effect from 1-4-2014.) CHAPTER XII MEETINGS OF BOARD AND ITS POWERS 73 (note-1) (1) Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board… Read More »
Nomenclature of various forms prescribed under the provisions of Companies Act, 2013 being notified In order to facilitate easy understanding of the e-forms being rolled out under the provisions of Companies Act, 2013 and Rules made thereunder, the stakeholders are hereby informed that unlike numbering of various forms under the Companies Act, 1956, forms under… Read More »
Section 1 of the Companies Act, 2013 – Short title, extent and commencement Enforcement of certain provisions of Companies Act, 2013 Notification No. SO 2754(E), dated 12-9-2013. In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 12th day… Read More »
RULES FRAMED UNDER COMPANIES ACT, 2013 COMPANIES (SPECIFICATION OF DEFINITIONS DETAILS) RULES, 2014 Procedure to be followed for conducting business through postal ballot. (rule 22) 22. (1) Where a company is required or decides to pass any resolution by way of postal ballot, it shall send anotice to all the shareholders, along with a draft… Read More »