| MATTERS REQUIRING APPROVALS OF CENTRAL GOVERNMENT UNDER COMPANIES ACT. | ||
| Sr. No. | Section No. | Remarks |
| 1 | 58A(8) | Company Deposits: Extension of time for compliance with section 58A. |
| 2 | 81(3)(b) | Authorisation to issue debenture/raise loans with conversion clause. |
| 3 | 114(1) | Issue of Shares Warrants to bearer. |
| 4 | 149(2B) | Commencement of business by Company. |
| 5 | 198(4) | Remuneration to managerial personnel in case of loss etc. |
| 6 | 204(1) Proviso | Initial appointment of a firm/body corporate to or in an office or place of profit for a term not exceeding ten years. |
| 7 | 205(i) Proviso | Payment of Dividends without providing for Depreciation. |
| 8 | 205(2)(c ) | Provision of depreciation on basis approved by the government. |
| 9 | 205(2)(d) | Provision of depreciation on assets for which no rate has been prescribed. |
| 10 | 205A(3) | Dividend out of accumulated profits. |
| 11 | 208(3) | Payment of Interest out of Capital. |
| 12 | 211(4) | Modification of requirements of Schedule VI |
| 13 | 212(8) | Non application of section 212 to a Subsidiary. |
| 14 | 213(I) | Modification of financial year of holding/subsidiarycomapny. |
| 15 | 228(4) | Audit of accounts of branch office-exemption from operation of section 228. |
| 16 | 233B(4) | Appointment of Cost Auditor. |
| 17 | 259 | Increase in number of Dierctors. |
| 18 | 268 | Amendment of provision relating to managing, whole-time or non-rotational directors. |
| 19 | 269 | Appointment of managing/whole time directors or manager. |
| 20 | 294AA(2) | Appointment of a person as sole selling agent which has a substantial interest in the company. |
| 21 | 294AA(3) | Appointment of sole selling agent by the company having paid up share capital of Rs 50 lakhs or more. |
| 22 | 295(1) | Loans to directors. |
| 23 | 300(3) | Interested director-exemption/modification of provision of section 300. |
| 24 | 309(1) Proviso (b) | Remuneration to professional directors. Opinion of government regarding professional qualifications of director. |
| 25 | 309(3) | Remuneration to directors. |
| 26 | 309(5B) | Waiver of recovery of sum refundable by directors. |
| 27 | 310 | Increase in remuneration of directors. |
| 28 | 311 | Increase in remuneration of managing/whole time directors. |
| 29 | 314(1B) | Holding office or place of profit by a relative or partner etc. of a director or manager. |
| 30 | 314(2)(b) | Waiver of recovery of excess remuneration paid to directors. |
| 31 | 316(4) | Appointment as a managing director of more than two companies. |
| 32 | 385(2) | Removal of disqualification of manager. |
| 33 | 386(4) | Appointment of a person as a manager for more than two companies. |
| 34 | 387 Proviso | Remuneration to manager in excess of prescribed limit. |
| 35 | 396A | Destruction of books of amalgamated company. |
| 36 | 448 | Approval of appointment of professionals as official liquidator(from the commencement of the Companies (Second Amendment) Act, 2002. |
| 37 | 594 | Accounts of Foreign company-exemption from section 594. |
| 38 | 621A | Composition of certain offences (from the commencement of the Companies (Second Amendment) Act, 2002. |
CAclubindia
