Our company is a public limited company having 385 members in which 90% of members constitute of body Corporates. Now our question is – can authorised representatives of these body corporates shall be counted as quorum in General meeting of company? As per Secretarial standard-2, public companies having not more than 1000 members with a… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi , 6th April, 2016 G.S.R. 404(E).—In exercise of the powers conferred by sub section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following amendments to Schedule III of the… Read More »
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THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 29th March, 2016 S.O. 1228(E).—In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor’s Report) Order, 2015 published in the… Read More »
SECTION 396 OF THE COMPANIES ACT, 2013 registration of companies EMPOWEREMENT OF CENTRAL REGISTRATION CENTRE (CRC) NOTIFICATION [F. NO. A-42011/03/2016-AD.II], DATED 23-3-2016 In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the Act), the Central Registration Centre (herein… Read More »
Facts of the case The respondent-company Aerotron Ltd., having its office in the United Kingdom, had filed Company Petition No. 214 of 2012 under section 433(e) and (f) read with sections 434 and 439(1)(b) of the Companies Act, 1956, for winding up of the appellant-company. Issue since the respondent-company was carrying on business in India… Read More »
COMPANIES (INCORPORATION) SECOND AMDNDMENT RULES, 2016 SUBSTITUTION OF FORM INC-11 NOTIFICATION [F.NO.01/13/2013 CL-V (PT-I)], DATED 23-3-2016 In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely:—… Read More »
THE COMPANIES (AMENDMENT) BILL, 2016
Q Can a Private Limited Company accept loan from a Partnership firm. The partners are no way related to the Private Limited Company ?. According to Section 73 of the Companies Act 2013 read with Companies (Acceptance of deposits) Rules 2014 and amendments made thereto, a private company cannot accept loan from a partnership firm.
CSR Activities by Corporate Houses Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1st April, 2014. The year 2014-15 was the first year of implementation of CSR by companies under the legislation. During this year, a total of 460 listed companies which have placed annual CSR returns on their… Read More »