Companies Act, 2013 and Rules with Ready Referencer

by Pavan Kumar Vijay

Companies Act, 2013 and Rules with Ready Referencer

by Pavan Kumar Vijay

Contents at a glance

About Corporate Professionalsiii
Brief Profile of Experts who have contributed to this Book vii
How to read the Book/ Some unique features of the Book. xvii
Section-wise Analysis of the Companies (Amendment) Act, 2017 xix
Analysis of the Companies (Amendment) Act, 2019 xlix
Analysis of the Companies (Amendment) Act, 2020 lxiii

Division I

Enforcement Status of the Companies Act, 2013

Enforcement status of Sections of the Companies Act, 2013 and subsequent amendments 1.1.3
Sections of the Companies Act, 2013 Not Yet Enforced 1.2.1
Sections Subsequently Inserted in the Companies Act, 2013 1.3.1
Sections Subsequently Omitted in the Companies Act, 2013 1.4.1

Division II

Companies Act, 2013

Arrangement of Sections 2.1.iii
The Companies Act, 2013 2.2.1
Schedule I (MOA & AOA) Sch.1
Schedule II Useful Lives to Compute Depreciation Sch.25
Schedule III General Instructions for Preparation of Balance Sheet and Statement of Profit and Loss of a Company Sch.33
Schedule IV Code for Independent Directors Sch.135
Schedule V (Managerial Remuneration: Sections 196 & 197) Sch.139
Schedule VI (Infrastructural Projects) Sch.149
Schedule VII (Activities relating to Corporate Social Responsibility) Sch.151

Division III

Circulars/Orders/ Notifications

Table of Circulars 3.C.3
Circulars 3.C.21
Table of Orders 3.O.1
Orders 3.O.3
Table of Notifications 3.N.1
Notifications 3.N.43.N.4

Division IV

Secretarial Standards

Secretarial Standard on Meetings of the Board of Directors 4.3
Secretarial Standard on General Meetings 4.22
Secretarial Standard on Dividend 4.50
Secretarial Standard on Report of The Board of Directors 4.63

Division V

Concise Referencer

List of Ready Referencer 5.3

A: Companies Act, 2013 & 1956

01. Provisions of the Companies Act, 1956 and Corresponding Provisions of the Companies Act, 2013 5.7
02. Provisions of the Companies Act, 2013 and Corresponding Provisions of the Companies Act, 1956 5.55

B: Resolutions and Approvals under the Companies Act, 2013

03. Matters Requiring Approval of Members by Ordinary Resolution 5.95
04. Matters Requiring Approval of Members by Special Resolution 5.101
05. Matters Requiring Special Notice 5.111
06. Rights which can be Exercised by Members having at least 10% Voting Power 5.112
07. Matters to be Passed by Postal Ballot 5.116
08. Matters Requiring Unanimous Resolutions by Board of Directors 5.118
09. Matters Required to be Agreed to by All Members (Unanimous) 5.119
10. Matters Requiring Resolutions to be Passed by Board of Directors in Board Meeting Only 5.121

C: Privileges and Exemptions under the Companies Act, 2013

11. Privileges and Exemptions for Private Company 5.125
12. Privileges and Exemptions for Specified IFSC Private Company 5.130
13. Privileges and Exemptions for Specified IFSC Public Company 5.136
14. Privileges and Exemptions for Government Companies 5.143
15. Privileges and Exemptions for Nidhi Company 5.151
16. Privileges and Exemptions for Section 8 Company 5.154
17. Privileges and Exemptions for One Person Company (OPC) 5.158
18. Privileges and Exemptions for Start-Up Companies 5.161
19. Privileges and Exemptions for Small Company 5.164
20. Privileges and Exemptions for Dormant Company 5.167

D: Disclosures under the Companies Act, 2013

21. Disclosures in Director's Report by One Person Company (OPC) and Small Company 5.171
22. Disclosures in Director's Report by Private Company 5.175
23. Disclosures in Director's Report by Unlisted Public Company 5.182
24. Disclosures in Director's Report by Listed Company 5.192
25. Matters Required to be Posted on Website of the Company5.202
26. Disclosures in Explanatory Statement 5.209
27. Matters Required to be Published in Newspapers 5.221
28. Disclosures by Director to the Board/Company 5.232

E: Punishment and Penalties under the Companies Act, 2013

29. Offences Liable for Punishment for Fraud under Section 447 (Cognizable Offence) 5.237
30. Offences Liable to Penalty (Adjudication under Section 454) 5.243
31. Offences Liable to Punishment with Fine Only (Compoundable Offences) 5.259
32. Offences Liable to Punishment with Imprisonment or with Fine or with Both(Compoundable Offences) 5.268
33. Offences Liable to Punishment with Imprisonment and with Fine (Non-Compoundable Offence) 5.272

F: Consequences

34. Consequences for Default in Repayment of Deposit or Interest Therein 5.281
35. Consequences for Default in Repayment of Debenture or Interest Therein 5.285
36. Consequences for Default in Redemption of Preference Shares or Payment of Dividend Thereon 5.287
37. Consequences for Default in Payment of Declared Dividend 5.288
38. Consequences for Default in Repayment of Term Loan from Public Financial Institutions or State Level Financial Institution or Scheduled Bank or Interest Payable Thereon 5.290
39. Consequences for Default in Filing of 'Annual Return' or 'Financial Statements' with the Registrar 5.291
40. Consequences for Initiation of any Inquiry, Inspection or Investigation Against the Company or any Prosecution is Pending Against the Compan 5.294

G: Documents and Inspection

41. Documents and Registers Required to be Maintained at the Registered Office of the Company 5.297
42. Documents Available for Inspection 5.302
43. Documents Available for Inspection by Director of Company 5.312
44. Documents Available for Inspection by Shareholder/Member of Company 5.313
45. Registers Required to be Kept open at AGM For Inspection 5.317
46. Powers of Inspection, Inquiry and Investigation 5.318
47. Circumstances for Inspection, Inquiry and Investigation 5.319

H: Compliances under the Companies Act, 2013

48. Annual Compliances Under the Companies Act, 2013 5.325
49. Post-Incorporation Compliances 5.332
50. Parameters Based Additional Compliances for Private Company 5.333
51. Parameters Based Additional Compliances for 'Unlisted Public Company' Under the Companies Act, 2013 5.337
52. Parameters Based Additional Compliances for 'Listed Company' Under the Companies Act, 2013 5.345
53. Resolutions Required to be Filed with the Registrar of Companies 5.350
54. Types of Debentures which shall not be Treated as Deposits 5.351
55. Tenure & Limits for Acceptance of Deposits 5.352

I: Others

56. Specific Provisions which Require Valuation Report from a Registered Valuer5.357
57. List of Forms under the Companies Act, 2013 5.359
58. List of Formats under the Companies Act, 2013 5.369

About the Author

Pavan Kumar Vijay

G. Sekar is a Chartered Accountant in practice for the last 35 years.
Founder and Faculty of Direct Taxation in Shree Guru Kripa's Institute of Management, an Institution providing education for all
levels and all subjects of the Chartered Accountancy Courses and has trained many finance professionals.
Member Central Council of ICAI 2013-16, 2016-19 & 2019-22.
Chairman Direct Taxes Committee of ICAI - 2014.
Chairman Auditing And Assurance Standards Board of ICAI 2019 & 2020.
Great Motivator for Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.
1. Commerce Graduate, Gold Medalist & Rank Holder from Madurai Kamaraj University.
2. Member of Expert Study Group Committee, CBDT, New Delhi, to study the Direct Tax Code Bill in 2006.
3. Recipient of Special Award from the Income Tax Department in 2011, during their 150 years of Income Tax in India Celebrations, for his contribution
and service to the Income Tax Department.
4. Speaker on Budget, Direct and Indirect Taxation in Doordarshan & other Television Channels & Print Media Programmes.
5. Board Member, Airports Authority of India (2019-22).
6. Member of Consultative Advisory Group (CAG) of IFAC-2017-19, International Accounting Education Standards Board (IAESB). It is worthy to note
that he is the First Indian to be part of the CAG.
7. Faculty Member of The Institute of Chartered Accountants of India and its Branches, and other Professional and Management Institutions,
for CA Intermediate/IPCC and CA Final Level, for the subjects Income Tax, Service Tax, VAT, Direct Tax Law, etc.
8. Author of Professional Books for Finance and Legal Professionals, Corporate Taxpayers, Banks, Officials of Income Tax Department, etc.
(a) Handbook on Direct Taxes (Recommended for IRS Trainees at NADT)
(b) Professional Manual on Accounting Standards
(c) Practical Guide on TDS and TCS (Approved Book for ITOs)
(d) Professional Guide to Tax Audit
(e) Personal Income Tax  A Simplified Approach
(f) Professional Guide to CARO 2016
(g) A Professional Guide to Income Computation & Disclosure Standards (ICDS)
(h) Handbook for The Insolvency and Bankruptcy Code, 2016
(i) Author of Special Series GST Books for Professionals GST Manual, GST Self Learning, GST Ready Reckoner
(j) Company Law Ready Reckoner
(k) Practitioner's Manual on Direct Taxes Vivad Se Vishwas Act, 2020
(l) Professional's Handbook on Faceless Assessment
9. Author of Books for CA Students Authored about 27 Books covering the entire curriculum of CA Course. Shree Guru Kripa's Institute of Management
is the First and Only Educational Institution in India to accomplish this feat

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Companies Act, 2013 and Rules with Ready Referencer
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Language: English
ISBN: 9789347875564
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