What is section 38 in Companies Act 2013?
Section 38 of the Companies Act, 2013: Punishment for personation for acquisition, etc., of securities. (c) otherwise induces directly or indirectly a company to allot, or register any transfer of, securities to him, or to any other person in a fictitious name, shall be liable for action under section 447.
What is Companies Act 2013?
The Companies Act 2013 is an Act of the Parliament of India on Indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company.
What is company Act 1956 in detail?
The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries.
Has the Companies Act 1956 been repealed?
MCA Repeals Companies Act, 1956 from 30 January 2019.
Who administers Companies Act, 2013?
The Ministry of Corporate affairs
The Ministry of Corporate affairs has notified 326 sections out of 470 sections of the Companies Act, 2013 which was enacted in August, 2013 while remaining 144 sections needs to be notified yet.
What is Section 39 of Companies Act, 2013?
(1) No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the prospectus as the minimum amount has been subscribed and the sums payable on application for the amount so stated have been paid to and received by the company by cheque or other …
What are the sections of the Companies Act of 1956?
Sections of Companies Act, 1956 Corresponding sections of Companies Act, 2013 10FB Constitution of National Company Law Tribunal 408 Constitution of National Company Law Tribunal 10FC Composition of Tribunal 408 Constitution of National Company Law Tribunal 10FD Qualifications for appointment of President and Members 409
What is the Companies Act 2013?
The Companies Act, 2013 passed by the Parliament has received the assent of the President of India on 29th August, 2013. This an Act to consolidate and amend the law relating to companies.
What are the section 63 and 64 of the Companies Act?
Section 63- Issue of bonus shares. Section 64- Notice to be given to Registrar for alteration of share capital. Section 65- Unlimited company to provide for reserve share capital on conversion into limited company. Section 67- Restrictions on purchase by company or giving of loans by it for purchase of its shares.
What are the provisions of Section 82 of the Companies Act?
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 86- Punishment for contravention.
