CS M. Kurthalanathan - Page 3

Types of Companies under Companies Act, 2013

There are totally 15 types of companies can be formed under the Companies Act, 2013. 1. Public Company limited by shares 2. Public Company limited by Guarantee having share capital 3. Public Company limited by Guarantee and having no share capital 4. Public unlimited Company having share capital ...

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Posted Under: Company Law |

e-forms for Formation/Incorporation of Private Limited Company

CS M. Kurthalanathan Filing of e-forms with ROC for formation/Incorporation of Private Company SN e-form Description Details required Attachment(s) to e-form     1 Form DIR-3 Application for allotment of Director Identification Number  Photograph (latest Passport Size in JPG format) Identity Proof Indian Nationals Foreign Nationals PA...

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Posted Under: Company Law |

Memorandum & Articles of Association under Companies Act,2013

Memorandum of association is the charter of the company and defines the scope of its activities. An article of association of the company is a document which regulates the internal management of the company....

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Clause 49 Vs Companies Act, 2013

CS M. Kurthalanathan Introduction: To make the listed companies more transparent and to align the provisions related to listing agreement with the Companies Act 2013 ,Capital Markets Regulator, SEBI has amended Clause 49 of Listing Agreement The said amendments will be effective from 1st October 2014. S.No Particulars Clause 49 CA2013 &am...

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Posted Under: Company Law |

e-voting under Companies Act, 2013 & Rules,2014

On the whole electronic voting replaces the Postal ballot process and saves time and cost of the company .It also helps the shareholders to cast their vote from anywhere and at anytime. In the e-voting process, role of scrutinizer will go under paradigm shift as there will be no physical collecting and counting of ballot papers, verificat...

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Posted Under: Company Law |

Register of Members Under Companies Act, 2013 and Rules 2014

Both the Companies Act, 1956 Act and Companies Act, 2013 requires companies to maintain register and index of members, register and index of debenture holders, but the 2013 Act requires company to maintain register and index of other securities also....

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Posted Under: Company Law |

Nomination & Remuneration Committee and Stakeholders Relationship Committee u/s. 178 of Companies Act,2013

The Companies Act, 2013 and corresponding rule, Companies (Meetings of Board and its Powers) Rules, 2014 has mandated the constitution of Nomination and Remuneration Committee and Stakeholders Relationship committee for certain classes of Companies, which was already recommendatory under clause49 of the Listing agreement. ...

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Posted Under: Company Law |

Whistle-Blowing/ Vigil Mechanism Under Companies Act, 2013

Companies which are required to constitute an audit committee shall operate the vigil mechanism through the audit committee and if any of the members of the committee have a conflict of interest in a given case, they should recuse themselves and the others on the committee would deal with the matter on hand....

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Posted Under: Company Law |

Schedules Under Companies Act, 2013- An analysis

The Companies Act,2013 has retained only 4 of 16 schedules of the Companies Act,1956 with changes and introduces 3 new schedules to cover new concepts of Independent Directors, CSR and Infrastructural Projects....

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Posted Under: Company Law |

Debentures under Companies Act, 2013 & Rules 2014

An issue of secured debentures may be made, provided the date of its redemption shall not exceed 10 years from the date of issue. If a company engaged in the setting up of infrastructure projects may issue secured debentures for a period exceeding 10 years but not exceeding 30 years ...

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Posted Under: Company Law |

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