Companies act 1956 bare act download free


















Section - 3 Definitions of company, existing company, private company and public company. Section - 4 Meaning of holding company and subsidiary. Section - 4A Public financial institutions. Section - 5 Meaning of officer who is in default. Section - 6 Meaning of relative. Section - 7 Interpretation of person in accordance with whose directions or instructions directors are accustomed to act. Section - 8 Power of Central Government to declare an establishment not to be a branch office.

Choose Acts:. Section Wise. Bare acts and Case laws in India have been extensively discussed here, the laws pass by the parliament and its implementation in the courts are commonly discussed here in length. Active topics Unanswered topics. Forums in this category with details of topics , posts , last post. The earliest regulatory measures can be traced back to when Lord Wellesley promulgated the Press Regulations, which had the effect of imposing pre-censorship on an infant newspaper publishing industry.

This Act regulates printing presses and newspapers and makes registration with an appointed Authority compulsory for all printing presses. Powered by Legal service India , supported by lawyers in India. Companies Act in PDF updated by companies amendment act is available for students and professionals. I am pleased to inform you that latest edition i. March Edition of my eBook on the Companies Act, is available for sale from 2nd March, Students having Companies Act in their syllabus may also get this digital book for preparation of their coming examinations.

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In Rs. Constitution of India. Indian Penal Code. Proof of debt. Mode of proof and verification thereof. Contents of proof. Workmen's wages. Production of bills of exchange and promissory notes. Value of debts. Periodical payments. Proof of debt payable at a future time.

Examination of proof. Official Liquidator's right to summon any person in connection with the investigation. Acceptance or rejection of proof to be communicated. Appeal by creditor. Procedure where creditor appeals.

Official Liquidator not to be personally liable for costs. Proofs and list of creditors to be filed in Court. List of creditors not to be varied. Notice of filling the list and inspection of the same. Procedure in the District Court regarding proof of claims. List of proofs and summons for directions. Notice to be given to creditors.

Settlement of list of creditors. Inspection of the list of creditors and the proofs filed. Expunging of proof. Procedure on failure to prove the debt within the time fixed.

Right of creditor who has not proved debt before declaration of dividend. Payment of subsequent interest. Provisional list of contributories. Notice to be given of date of settlement of list. Settlement of the list. Certificate of final settlement to be filed in Court.

Notice of settlement to contributories. Supplemental list of contributories. Variation of list. Application by Official Liquidator for rectification of list. Application by contributory to vary the list. Settlement of the list of contributories in District Courts. Notice to be given of date of settlement. Application for rectification of list.

List of contributories consisting of past members. List of contributories under section 1 b. Application of Rules to meetings. Place and time of meeting. Notice of first or other meeting to officers of company. Proof of notice. Costs of calling meetings at the instance of creditor or contributory. Chairman of meeting. Resolution at creditors' meeting. Resolution of contributories' meeting. Copies of resolutions to be filed. Nonreceipt of notice by a creditor or contributory.

Procedure in the absence of quorum. When creditor can vote. Case to which creditors my not vote. When secured creditor can vote. Effect of voting by a secured creditor. Procedure when secured creditor votes without surrendering security. Admission or rejection of proofs for purposes of voting.

Minutes of proceedings. Report of Court meetings. Voting by proxies. Form of proxies. Proxies to Liquidator or chairman. Use of proxies by deputy.

Forms to be sent with notice. Proxies to be lodged. Holder of proxy not to vote on matter in which he is financially intereste. Minor not to be appointed proxy. Filling in proxy where creditor or contributory is blind or incapable. Proxy of person not acquainted with English. Attendance at proceedings. Representation of creditors and contributories before Court. Powers of Official Liquidator. Official Liquidator to be in the position of a receiver.

Company's property to be to surrendered to Official Liquidator on requisition. Calls by the Liquidator. Official Liquidator to realise uncalled capital. Application for leave to make call. Notice of application. Order granting leave to make a call and document making the call.

Service of notice of call. Order for payment of call. Other moneys due by contributories. Application for examination under section Examination on commission or by interrogatories. Service of the summons. Conduct of the examination. Notes of the deposition.

Order for public examination under section Notice of public examination. Adjournment of public examination to Court. Procedure for contumacy. Notes of Examination.

Shorthand notes of examination under sections and Application under section 7 a. Default in attending examination under section or Prison to which person arrested or warrant is to be taken. Execution of warrant of arrest outside ordinary jurisdiction of court. Public examination under section Applications under section or Directions at preliminary hearing of summons. Liberty to apply for further directions. Application for disclaimer. Preliminary hearing of the summons.

Claimant to furnish statement of his. Service of notice. Order granting leave to disclaim. Disclaimer to be filed in Court. Vesting of disclaimed property. No claim to be compromised or abandoned without sanction of Court. Application for sanction of compromise. Sale to be subject to sanction and to confirmation by Court.

Procedure at sale. Expenses of sale. Declaration of dividend or return of capital. Notice of declaration. Form of authority to pay dividend. Transmission of dividends by post. Form of order directing return of capital. Payment of dividend or return of capital due to a deceased creditor or contributory. Official Liquidator to apply for dissolution. Dissolution of the company. Liquidator to pay the balance into public account. Conclusion of windingup. Application to declare dissolution void.

Registers and Books to be maintained by the Official Liquidator. All money to be paid in to the Reserve Bank.

Bills, cheques and securities to be deposited into bank. Payments into Bank under section Official Liquidator's Dividend Account. Fees to be credited to Central Government. Where the company has no available assets. Investment of moneys. Official Liquidator to examine the accounts for purposes of investment. Investments to be made by the Bank. Dividend and interest to be credited. Refunds of Incometax. Halfyearly accounts to be filed. Form of account. Nil account. Registrar to send copy of account to the Auditor.

Audit of the Official Liquidator's accounts. Audit certificate to be filed. Audit fees. Inspection of the account and certificate of audit.

Account and auditor's report to be placed before Judge. Legal Assistance for the Official Liquidator. Employment of additional or special staff. Apportionment of expenses of common staff. Applications under section 2 and section 3. Annual statement by the Official Liquidator under section Applicability of rules.

Declaration of solvency in a member's voluntary windingup. Statement to be laid before meeting of creditors under section 1. Notice of appointment of liquidator. Order for windingup subject to supervision.

Security by liquidator appointed by Court. Limit of remuneration of liquidator. Restriction on purchase of goods by liquidator. Office of liquidator vacated by his insolvency. Resignation of liquidator. Duty of liquidator upon resignation. Books to be kept by the liquidator. Banking account of the liquidator.

Bills, cheques and securities to be deposited in Bank. Investment of surplus funds. Liquidator's statements under section Annual statement under sections 1 b and 1 b.

Notice convening final meeting and the account to be laid before the meeting. Consideration by Court of the statements under section and final account in a windingup subject to the supervision of the Court. Returns to Registrar of Companies.

Inspection by creditor or contributory of statements filed by liquidator. Audit of the liquidators' account. Applications under section Statement to accompany payment. Unclaimed dividends or undistributed assets under investment.

Application by person for payment of money paid into the Companies Liquidation Account. Cost and expenses payable out of the assets in a windingup by the Court. Taxation of costs in Bombay, Calcutta and Madras. Registrar to be Taxing Officer. Costs in the discretion of the Court.

Costs to be taxed in accordance with the practice and procedure of the Court. All proper charges to be allowed. Contents of bill of costs. Vouchers to be filed. Time for lodging bill. Bill of costs by advocate or other person employed by Official Liquidator. Scale of advocate's fees. Fees in misfeasance proceeding. Fees when proceeding is compromised. Fees to more than one advocate.

Costs of parties having common interest. Court's power to fix a fee. Reference to Judge in Chamber. Allowance to witnesses. Taxation between advocate and client. Review of taxation. Appeal against Review. Certificate of taxation. Inspection of file. Saving of Rules under Special Acts. Companies Declaration of Dividend out of Reserves Rules, 1. Short title 2. Application and allotment of Director Identification Number.

Intimation of DIN to the Company. Intimation of DIN to the Registrar. Duty of director to intimate changes of particulars.

Companies Disqualification of Directors under section 1 g of the Companies Act, Rules, 1. Short title, commencement and extent. Disqualifications under clause g of sub-section 1 of section of the Companies Act, Duty of Statutory Auditor to report on disqualification.

Duty of company to Intimate disqualification. Failure to Intimate disqualification shall render director as officer in default. Names of the disqualified directors on the web-site etc. Duty of every director. Punishment for contravention of the rules.

Filing and Authentication in the electronic manner. Maintenance of website. Maintenance of Electronic Registry. Issue of certificate, approval etc. Companies Fees on Applications Rules, 1. Short title. Eligibility for issue of IDRs. Procedure for making an issue of IDRs.

Other conditions for the issue of IDRs. Registration of documents. Conditions for the issue of prospectus and application.

Listing of Indian Depository Receipt. Procedure for transfer and redemption. Continuous Disclosure Requirements. Distribution of corporate benefits. Repeal and savings. Power of Central Government to decide certain Questions. List of businesses in which the resolutions shall be passed through Postal Ballot.

Procedure to be followed for conducting business through Postal Ballot. Procedure to be followed for conducting business by electronic mode.

Companies Act, 1. Short title, commencement and extent 2. Definitions 2-A. Interpretation of certain words and expressions 3. Definitions of "company", "existing company", "private company" and "public company" 4. Meaning of "holding company" and "subsidiary" 4-A. Public financial institutions 5. Meaning of "officer who is in default" 6. Meaning of "relative" 7. Interpretation of "person in accordance with whose directions or instructions Directors are accustomed to act" 8.

Power of Central Government to declare an establishment not to be a branch office 9. Act to override memorandum, articles, etc Jurisdiction of Courts A. Constitution of Tribunal B. Procedure of Tribunal C. Powers of Tribunal D. Appeals against decisions, etc. Composition of Tribunal FD. Qualifications for appointment of President and Members FE. Term of office of President and Members FF. Financial and administrative powers of Member administration FG. Salary, allowances and other terms and conditions of service of President and other Members FH.

Vacancy in Tribunal FI. Resignation of President and Member FJ. Removal and suspension of President or Member FK. Benches of Tribunal FM. Order of Tribunal FN. Power to review FO. Delegation of powers FP. Appeal from order of Tribunal FR. Constitution of Appellate Tribunal FS. Vacancy in Appellate Tribunal, etc FT.

Term of office of Chairperson and Members FU. Resignation of Chairperson and Members FV. Salary, allowances and other terms and conditions of service of Chairperson and Members FX.

Selection Committee FY. Chairperson, etc. Protection of action taken in good faith FZA. Procedure and powers of Tribunal and Appellate Tribunal G. Power to punish for contempt GA. Staff of Appellate Tribunal GB. Civil Court not to have jurisdiction GC. Right to legal representation GE. Limitation GF. Appeal to Supreme Court Prohibition of associations and partnerships exceeding certain number Mode of forming incorporated company Requirements with respect to memorandum Form of memorandum Printing and signature of memorandum A.

Special provision as to alteration of memorandum consequent on alteration of name of State of Madras B. Special provision as to alteration of memorandum consequent on alteration of name of State of Mysore Alteration of memorandum Special resolution and confirmation by Central Government required for alteration of memorandum A. Change of registered office within a State Alteration to be registered within three months Effect of failure to register Companies not to be registered with undesirable names Change of name by company Rectification of name of company Registration of change of name and effect thereof Change of name of existing private limited companies Power to dispense with "Limited" in name of charitable or other company Articles prescribing regulations Regulations required in case of unlimited company, company limited by guarantee or private company limited by shares Adoption and application of Table A in the case of companies limited by shares Form of articles in the case of other companies Form and signature of articles Alteration of articles by special resolution Registration of unlimited company as limited, etc Registration of memorandum and articles Effect of registration Conclusiveness of certificate of incorporation Effect of memorandum and articles Provision as to companies limited by guarantee Effect of alteration in memorandum or articles Copies of memorandum and articles, etc.

Alteration of memorandum or articles, etc. Definition of "member" Membership of holding company Consequences of default in complying with conditions constituting a company a private company A. Private company to become public company in certain cases Prospectus or statement in lieu of prospectus to be filed by private company on ceasing to be private company Members severally liable for debts where business carried on with fewer than seven, or in the case of a private company, two members Form of contracts Bills of exchange and promissory notes Execution of deeds Investments of company to be held in its own name Power for company to have official seal for use outside India Service of documents on company Service of documents on Registrar Service of documents on members by company Authentication of documents and proceedings Dating of prospectus A.

Powers of Securities and Exchange Board of India Matters to be stated and reports to be set out in prospectus Expert to be unconnected with formation or management of company Expert's consent to issue of prospectus containing statement by him A.



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