What are the amendments in Companies Act 1956?
What are the amendments in Companies Act 1956?
Clause 203 of the amendments in The Indian Companies Act of 1956: This proposed amendment in The Companies Act is for the separation of the office of the Chairman and The Managing Director modified to allow, in certain cases, a class of companies having multiple businesses and separate divisional MDs to appoint the …
How many sections were there in Companies Act 1956?
658 sections
The Companies Act 1956 is administered by the Government of India through the Ministry of Corporate Affairs and the Offices of Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board, Director of Inspection, etc. The Act is 658 sections long.
What are the total sections in companies Act?
The 2013 Act is divided into 29 chapters containing 470 sections as against 658 Sections in the Companies Act, 1956 and has 7 schedules.
What do you understand by Companies Act 1956?
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.
What are the total section in Companies Act?
When was the Companies (Amendment) Act 2017 notified?
The Provisions of Section 1 and Section 4 of the Companies (Amendment) Act, 2017 was notified from January 26, 2018. Further, the Ministry of Corporate Affairs has notified 43 sections of the Companies (Amendment) Act, 2017 from February 09, 2018.
What are the Section 59 and 61 of the Companies Act?
Section 59- Rectification of register of members. Section 60- Publication of authorised, subscribed and paid-up capital. Section 61- Power of limited company to alter its share capital. Section 62- Further issue of share capital.
What are the section 26 and 27 of Companies Act?
Section 26 Articles prescribing regulations. Section 27 Regulations required in case of unlimited company, company limited by guarantee or private company limited by shares. Section 28 Adoption and application of Table A in the case of companies limited by shares. Section 29 Form of articles in the case of other companies.
What are the section 16 and 17 of the Companies Act?
Section 16- Rectification of name of company. Section 17- Copies of memorandum, articles, etc., to be given to members. Section 18- Conversion of companies already registered. Section 19- Subsidiary company not to hold shares in its holding company. Section 20- Service of documents.
