Sponsored
    Follow Us:

Power of ‘Special Court’ to try any offence under Companies Act in ‘Summary way’

January 18, 2021 5718 Views 0 comment Print

The definition of Court under Section 2(29) the Companies Act, 2013, (Act, 2013) also includes a ‘Special Court’ constituted under Section 435 of the Act, 2013. Chapter XXVIII constituting Sections 435 to 446B deals with the Special Courts under the Act, 2013. The definition of Court under Section 2(29) the Act, 2013 may be read as under: – “(29) “Court” […]

Applicability of CrPC, 1973 to proceedings before Special Court designated U/s. 435(1) of Companies Act, 2013

January 16, 2021 3903 Views 0 comment Print

Applicability of Code of Criminal Procedure, 1973 (CrPC 1973) to the proceedings before the Special Court designated under Section 435(1) of the Companies Act, 2013 It is submitted that Section 2(29) (Definition of Court) of the Companies Act, 2013 (“Act, 2013”) has been notified on 12.09.2013 except clause (iv). Later on, in exercise of the […]

Loan to Directors etc. – Exemption to Private Company -Still available?

January 13, 2021 44550 Views 1 comment Print

Loan to Directors etc. Exemption to Private Company by Notification June 5, 2015-Whether still available after Companies (Amendment) Act, 2017 [Ref: Exemption Notification No GSR 464(E), June 5, 2015 & Companies (Amendment) Act, 2017] Section 185 of the Companies Act, 2013 (“CA, 2013”) was notified on September 12, 2013 and came into force on the same date […]

Amendment in eForm SH-7 (Notice to Registrar of any alteration of share capital)

January 11, 2021 12792 Views 1 comment Print

[Ref: In Notification No. G.S.R. 794(E) dated 24.12.2020] Recently, the Ministry of Corporate Affairs (MCA) has amended eForm SH-7 (Notice to Registrar of any alteration of share capital) vide Notification No. G.S.R. 794(E) dated 24.12.2020. In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (“Act, 2013”) , […]

Cognizable & Non-Cognizable Offence under Companies Act 2013

January 11, 2021 9654 Views 0 comment Print

The law relating to criminal procedure applicable to all criminal proceedings in India is contained in the Code of Criminal Procedure, 1972 (Code). The Code is an Act to consolidate and amend the law relating to Criminal Procedure. The ‘Cognizable and Non-cognizable Offences’ have been categorised under the Code as cognizable and non-cognizable offence. It […]

Amendments in Companies Act, 2013 regarding provisions of ‘Special Court’

January 10, 2021 4278 Views 0 comment Print

The definition of Court under Section 2(29) the Companies Act, 2013, (the Act, 2013) also includes a ‘Special Court’ constituted under Section 435 of the Act, 2013. Chapter XXVIII constituting Sections 435 to 446B deals with the Special Courts under the CA, 2013. The definition of Court under Section 2(29) the Act, 2013 may be […]

Compoundable offences under Companies Act 2013

January 10, 2021 8331 Views 0 comment Print

Section 441 of the Companies Act, 2013 (CA, 2013) deals with Compounding of offence. Compounding of offences is not new under the Company Law; similar provisions were also present in Section 621A of the Companies Act 1956 (erstwhile Act). According to Section 441(1) of the CA, 2013, as amended by the Companies (Amendment) Act, 2017 w.e.f. 09.02.2018 […]

Exercise Section 83 power only to Protect Interest of Revenue: HC

January 9, 2021 915 Views 0 comment Print

Primarily Section 83 of CGST Act 2017 permits to attach property. Property means an asset which may be movable, immovable, tangible, intangible or in the form of some instrument.

Special Court Permission – No more required for Compounding of Offence under Companies Act, 2013

January 9, 2021 1938 Views 0 comment Print

Permission of Special Court- No more required for Compounding of Offence under Companies Act, 2013 Before the amendment brought by the Companies (Amendment) Ordinance 2018, the permission of the ‘Special Court’ was required for compounding of any offence which is punishable under this Act, with imprisonment or fine, or with both. The sub-section (6) of […]

Application for Compounding of Offence under Companies Act, 2013

January 9, 2021 26559 Views 0 comment Print

Section 441 of the Companies Act, 2013 (CA, 2013) deals with Compounding of offence. Compounding of offences is not new under the Company Law; similar provisions were also present in Section 621A of the Companies Act 1956 (erstwhile Act). We are only discussing herewith about the filing of application for compounding of offence which shall be submitted […]

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031