Towards the implementation of the Companies Act, 2013, the Ministry of Corporate Affairs has notified another 183 sections of the Act which will be made applicable from 1st April, 2014.

List of Sections of Companies Act 2013 which are made applicable by the Ministry of Corporate Affairs w.e.f 1st April, 2014.

Chapters Sections Notified
Chapter 1Preliminary Definitions

Section 2 (2)- Accounting Standards

Section 2 (7)- Auditing Standards

Section 2 (13)- Books of Account

Section 2 (31)- Deposit

Section 2 (41)- Financial Year

Section 2 (42)- Foreign Company

Section 2 (47)- Independent Director

Section 2 (48)- Indian Depository Receipt

Section 2 (62)- One Person Company

Section 2 (83)- Serious Fraud Investigation Office

Section 2 (85)- Small company

Section 2 (87)- Explanation (d) of definition of subsidiary

Chapter II –Incorporation of Company and Matters Incidental Thereto Section 3- Formation of company

Section 4- Memorandum

Section 5- Articles

Section 6- Act to override memorandum, articles, etc.

Section 7- Incorporation of company (Except sub-section (7))

Section 8- Formation of companies with charitable objects, etc.

(Except sub-section (9))

Section 9- Effect of registration

Section 10- Effect of memorandum and articles

Section 11- Commencement of business, etc

Section 12- Registered office of company

Section 13- Alteration of memorandum

Section 14- Alteration of articles (Except second proviso to sub-section (1) and sub-section (2))

Section 15- Alteration of memorandum or articles to be noted in every copy

Section 16- Rectification of name of company

Section 17- Copies of memorandum, articles, etc.,  to be given to members

Section 18- Conversion of companies already registered

Section 19- Subsidiary company not to hold shares in its holding company

Section 20- Service of documents

Chapter III –Prospectus and Allotment of Securities(23-42) Section 26- Matters to be stated in prospectusSection 27- Variation in terms of contract or objects in prospectusSection 28- Offer of sale of shares by certain members of companySection 41- Global depository receipt

PART II.—Private placement

Section 42- Offer or invitation for subscription of securities on private placement

Chapter IV –Share Capital and Debentures (43 – 72) Section 43- Kinds of share capital

Section 46- Certificate of shares

Section 47- Voting rights

Section 52- Application of premiums received on issue of shares.

Section 53- Prohibition on issue of shares at discount.

Section 54- Issue of sweat equity shares.

Section 55- Issue and redemption of preference shares (Except sub-section (3))

Section 56- Transfer and transmission of securities

Section 61- Power of limited company to alter its share capital (except proviso to clause (b) of sub-section (1))

Section 62- Further issue of share capital (except sub-sections (4) to (6))

Section 63- Issue of bonus shares

Section 64- Notice to be given to Registrar for alteration of share capital

Section 67- Restrictions on purchase by company or giving of loans by it for purchase of its shares.

Section 68- Power of company to purchase its own securities

Section 71- Debentures (except sub-sections (9) to (11))

Section 72- Power to nominate

CHAPTER V Acceptance of Deposits by Companies(73 – 76) Section 73- Prohibition on acceptance of deposits from public.

Section 74– Repayment of deposits, etc., accepted before commencement of this Act. (only Sub section 1)Section 76- Acceptance of deposits from public by certain companies

Chapter VI –Registration of Charges(77 – 87) Section 77- Duty to register charges, etc.Section 78- Application for registration of charge.Section 79- Section 77 to apply in certain matters.Section 80- Date of notice of charge.

Section 81- Register of charges to be kept by Registrar.

Section 82- Company to report satisfaction of charge.

Section 83- Power of Registrar to make entries of satisfaction and release in absence of intimation from company.

Section 84- Intimation of appointment of receiver or manager.

Section 85- Company’s register of charges.

Section 87- Rectification by Central Government in register of charges.

Chapter VII –Management and Administration(88 – 122) Section 88- Register of members, etc.Section 89- Declaration in respect of beneficial interest in any share.Section 90- Investigation of beneficial ownership of shares in certain cases.Section 92- Annual return.

Section 93- Return to be filed with Registrar in case promoters’ stake changes.

Section 94- Place of keeping and inspection of registers, returns, etc.

Section 95- Registers, etc., to be evidence.

Section 96– Annual general meeting.

Section 101- Notice of meeting

Section 108- Voting through electronic means.

Section 109- Demand for poll.

Section 110- Postal ballot.

Section 115- Resolutions requiring special notice.

Section 117- Resolutions and agreements to be filed

Section 118- Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballot.

Section 119- Inspection of minute-books of general meeting (except sub-section (4))

Section 120- Maintenance and inspection of documents in electronic form.

Section 121- Report on annual general meeting.

Section 122- Applicability of this Chapter to One Person Company


Chapter VIII –Declaration and Payment of Dividend(123 – 127) Section 123- Declaration of dividend.Section 126- Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares.
Chapter IX –Accounts of Companies(128 – 138) Section 128- Books of account, etc., to be kept by company.Section 129- Financial statement.Section 133- Central Government to prescribe accounting standards.Section 135- Corporate Social Responsibility.

Section 136- Right of member to copies of audited financial statement

Section 137- Copy of financial statement to be filed with Registrar

Section 138- Internal Audit


Chapter X –Audit and Auditors(139 – 148) Section 139- Appointment of auditors.

Section 140- Removal, resignation of auditor and giving of special notice (except second proviso to sub-section (4) and sub-section (5))

Section 141- Eligibility, qualifications and disqualifications of auditors.

Section 142- Remuneration of auditors.

Section 143- Powers and duties of auditors and auditing standards.

Section 144- Auditor not to render certain services.

Section 145- Auditors to sign audit reports, etc.

Section 146- Auditors to attend general meeting.

Section 147- Punishment for contravention.

Section 148- Central Government to specify audit of items of cost in respect of certain companies

Chapter XI –Appointment and Qualifications of Directors(149 – 172) Section 149- Company to have Board of Directors.Section 150- Manner of selection of independent directors and maintenance of data bank of independent directors.Section 151- Appointment of director elected by small shareholders.Section 152- Appointment of directors.

Section 153- Application for allotment of Director Identification Number.

Section 154- Allotment of Director Identification Number.

Section 155- Prohibition to obtain more than one Director Identification Number.

Section 156- Director to intimate Director Identification Number.

Section 157- Company to inform Director Identification Number to Registrar.

Section 158- Obligation to indicate Director Identification Number.

Section 159- Punishment for contravention.

Section 160- Right of persons other than retiring directors to stand for directorship.

Section 161- Appointment of additional director, alternate director and nominee director.

Section 164- Disqualifications for appointment of director.

Section 165- Number of directorships.

Section 166- Duties of directors.

Section 167- Vacation of office of director.

Section 168- Resignation of director

Section 169- Removal of directors (except sub-section (4))

Section 170- Register of directors and key managerial personnel and their shareholding.

Section 171- Members’ right to inspect.

Section 172- Punishment

Chapter XII –Meetings of Board and its Powers(173 – 195)


Section 173- Meetings of Board.Section 174- Quorum for meetings of Board.Section 175- Passing of resolution by circulation.Section 177- Audit committee.

Section 178- Nomination and remuneration committee and stakeholders relationship committee.

Section 179- Powers of Board.

Section 184- Disclosure of interest by director.

Section 186- Loan and investment by company.

Section 187- Investments of company to be held in its own name.

Section 188- Related party transactions.

Section 189- Register of contracts or arrangements in which directors are interested.

Section 190- Contract of employment with managing or whole-time directors.

Section 191- Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares.

Section 193- Contract by One Person Company.

Chapter XIII –Appointment andRemuneration of ManagerialPersonnel

(196 – 205)


Section 196- Appointment of managing director, whole-time director or manager.Section 197- Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits.Section 198- Calculation of profits.Section 199- Recovery of remuneration in certain cases.

Section 200- Central Government or company to fix limit with regard to remuneration.

Section 201- Forms of, and procedure in relation to, certain applications.

Section 203- Appointment of key managerial personnel.

Section 204- Secretarial audit for bigger companies.

Section 205- Functions of company secretary.

CHAPTER XIVInspection, Inquiry and Investigation(206 – 229) Section 206- Power to call for information, inspect books and conduct inquiries.Section 207- Conduct of inspection and inquiry.Section 208- Report on inspection made.Section 209- Search and seizure.

Section 210- Investigation into affairs of company.

Section 211- Establishment of Serious Fraud Investigation Office.

Section 212- Investigation into affairs of company by Serious Fraud Investigation Office. (except references of sub-section (10) of section 66, sub-section (5) of section 140, section 213, sub-section (1) of section 251 and sub-section (3) of section 339 made in sub-section (6) and also sub-sections (8) to (10))

Section 214- Security for payment of costs and expenses of investigation.

Section 215- Firm, body corporate or association not to be appointed as inspector.

Section 216- Investigation of ownership of company (except sub-section (2))

Section 217- Procedure, powers, etc., of inspectors.

Section 219- Power of inspector to conduct investigation into affairs of related companies, etc.

Section 220- Seizure of documents by inspector.

Section 223- Inspector’s report.

Section 224- Actions to be taken in pursuance of inspector’s report (except sub-section (2) and (5))

Section 225- Expenses of investigation.

Section 228- Investigation, etc., of foreign companies.

Section 229- Penalty for furnishing false statement, mutilation, destruction of documents.

CHAPTER XXIPART I.—Companies authorised to register under this Act(366- 374) Section 366- Companies capable of being registered.Section 367- Certificate of registration of existing companies.Section 368- Vesting of property on registration.Section 369- Saving of existing liabilities.

Section 370- Continuation of pending legal proceedings (except the proviso)

Section 371- Effect of registration under this Part.

Section 374- Obligation of Companies registering under this Part.

Chapter XXII-Companies Incorporated Outside India(379- 393) Section 380- Documents, etc., to be delivered to Registrar by foreign companies.Section 381- Accounts of foreign company.Section 384- Debentures, annual return, registration of charges, books of account and their inspection.Section 385- Fee for registration of documents.

Section 387- Dating of prospectus and particulars to be contained therein.

Section 388- Provisions as to expert’s consent and allotment.

Section 389- Registration of prospectus.

Section 390- Offer of Indian Depository Receipts.

Section 391- Application of sections 34 to 36 and Chapter XX.

(sub-section 1)

Section 392- Punishment for contravention.

Section 393- Company’s failure to comply with provisions of this Chapter not to affect validity of contracts, etc.

Chapter XXIII-Government Companies(394 – 395)  Section 395- Annual reports where one or more State Governments are members of companies.
CHAPTER XXIVRegistration offices and fees(396 – 404)  Section 396- Registration offices.Section 397- Admissibility of certain documents as evidence.Section 398- Provisions relating to filing of applications, documents, inspection, etc., in electronic form.Section 399- Inspection, production and evidence of documents kept by Registrar. (except reference of word Tribunal in sub-section (2))

Section 400- Electronic form to be exclusive, alternative or in addition to physical form.

Section 401- Provision of value added services through electronic form.

Section 402- Application of provisions of Information Technology Act, 2000

Section 403- Fee for filing, etc

Section 404- Fees, etc., to be credited into public account

CHAPTER XXVINidhis(406)  Section 406- Power to modify Act in its application to Nidhis.
Chapter XXVIII-Special Courts(435 – 446)  Section 442- Mediation and conciliation penal.
Chapter XXIXMiscellaneous(447 – 470)  Section 454- Adjudication of penalties.Section 455- Dormant companySection 464- Prohibition of association or partnership of persons exceeding certain number.




Source- ICAI

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Category : Company Law (4013)
Type : Articles (17631)
Tags : Companies Act (2477) Companies Act 2013 (2250)

0 responses to “Companies Act 2013 – List of Sections Applicable from 1st April, 2014”

  1. Samskani says:

    Chapter 15 to 20 Missing

  2. dev ratho says:

    its too good

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