Section 129 of Companies Act 2013
Section 129 of Companies Act 2013-Financial Statement. Section 129(1) of Companies Act 2013 The financial statements shall give a true and fair view of the state of affairs of the company or companies, comply…
Section 129 of Companies Act 2013-Financial Statement. Section 129(1) of Companies Act 2013 The financial statements shall give a true and fair view of the state of affairs of the company or companies, comply…
Section 128 of Companies Act 2013- Books of account, etc., to be kept by company Section 128(1) of Companies Act 2013 Every company shall prepare and keep at its registered office books of account and…
Section 127 of Companies Act 2013- Punishment for failure to distribute dividends Where a dividend has been declared by a company but has not been paid or the warrant in respect thereof has not been posted…
Section 126 of Companies Act 2013-Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares Where any instrument of transfer of shares…
Section 125 of Companies Act 2013-Investor Education and Protection Fund. Section 125(1) of Companies Act 2013 The Central Government shall establish a Fund to be called the Investor Education and…
Section 124 of Companies Act 2013-Unpaid Dividend Account Section 124(1) of Companies Act 2013 Where a dividend has been declared by a company but has not been paid or claimed within thirty days from the date…
Section 123 of Companies Act 2013-Declaration of Dividend Section 123(1) of Companies Act 2013 No dividend shall be declared or paid by a company for any financial year except— (a) out of the profits of the company for that…
Section 122 of Companies Act 2013-Applicability of this Chapter to One Person Company. Section 122(1) of Companies Act 2013 The provisions of section 98 and sections 100 to 111 (both inclusive) shall not…
Section 121 of Companies Act 2013- Report on Annual General Meeting Section 121(1) of Companies Act 2013 Every listed public company shall prepare in the prescribed manner a report on each annual general meeting including…
Section 120 of Companies Act 2013-Maintenance and Inspection of Documents in Electronic Form Without prejudice to any other provisions of this Act, any document, record, register, minutes, etc.,— (a) required to be kept…
Section 119 of Companies Act 2013-Inspection of minute-books of general meeting Section 119(1) of Companies Act 2013 The books containing the minutes of the proceedings of any general meeting of…
Section 118 of Companies Act 2013-Minutes of Proceedings of General Meeting, Meeting of Board of Directors and Other Meeting and Resolutions Passed by Postal Ballot Section 118(1) of Companies Act 2013 Every company shall…
Section 117 of Companies Act 2013-Resolutions and Agreements to be Filed Section 117(1) of Companies Act 2013 A copy of every resolution or any agreement, in respect of matters specified…
Section 116 of Companies Act 2013- Resolutions passed at Adjourned Meeting. Where a resolution is passed at an adjourned meeting of— (a) a company; or (b) the holders of any class…
Section 115 of Companies Act 2013- Resolutions Requiring Special Notice Where, by any provision contained in this Act or in the articles of a company, special notice is required of any resolution, notice…
Section 114 of Companies Act 2013-Ordinary and Special Resolutions. Section 114(1) of Companies Act 2013 A resolution shall be an ordinary resolution if the notice required under this Act has…
Section 113 of Companies Act 2013-Representation of Corporations at Meeting of Companies and of Creditors. Section 113(1) of Companies Act 2013 A body corporate, whether a company within the meaning of this Act…
Section 112 of Companies Act 2013-Representation of President and Governors in Meetings. Section 112(1) of Companies Act 2013 The President of India or the Governor of a State, if he…
Section 111 of Companies Act 2013-Circulation of members’ Resolution Section 111(1) of Companies Act 2013 A company shall, on requisition in writing of such number of members, as required in section 100,— (a) give notice…
Section 110 of Companies Act 2013-Postal ballot. Section 110(1) of Companies Act 2013 Notwithstanding anything contained in this Act, a company— (a) shall, in respect of such items of business…
Section 109 of Companies Act 2013-Demand for poll. Section 109(1) of Companies Act 2013 Before or on the declaration of the result of the voting on any resolution on show…
Section 108 of Companies Act 2013-Voting through electronic means. The Central Government may prescribe the class or classes of companies and manner in which a member may exercise his right to vote by the electronic…
Section 107 of Companies Act 2013-Voting by show of hands Section 107(1) of Companies Act 2013 At any general meeting, a resolution put to the vote of the meeting shall,…
Section 106 of Companies Act 2013-Restriction on voting rights. Section 106(1) of Companies Act 2013 Notwithstanding anything contained in this Act, the articles of a company may provide that no member shall exercise any voting right in respect of…
Section 105 of Companies Act 2013-Proxies. Section 105(1) of Companies Act 2013 Any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint another person as a…
Section 104 of Companies Act 2013-Chairman of meetings. Section 104(1) of Companies Act 2013 Unless the articles of the company otherwise provide, the members personally present at the meeting shall elect one of themselves to be…
Section 102 of Companies Act 2013-Statement to be Annexed to Notice. Section 102(1) of Companies Act 2013 A statement setting out the following material facts concerning each item of special…
Section 101 of Companies Act 2013-Notice of Meeting Section 101(1) of Companies Act 2013 A general meeting of a company may be called by giving not less than clear twenty-one days’ notice either…
Section 100 of Companies Act 2013-Calling of Extraordinary General Meeting Section 100(1) of Companies Act 2013 The Board may, whenever it deems fit, call an extraordinary general meeting of the company.…
Section 99 of Companies Act 2013-Punishment for default in complying with provisions of sections 96 to 98. If any default is made in holding a meeting of the company in accordance with Section…
Section 98 of Companies Act 2013-Power of Tribunal to Call Meetings of Members, etc Section 98(1) of Companies Act 2013 If for any reason it is impracticable to call a…
Section 97 of Companies Act 2013-Power of Tribunal to Call Annual General Meeting Section 97(1) of Companies Act 2013 If any default is made in holding the annual general meeting…
Section 96 of Companies Act 2013-Annual general meeting. Section 96(1) of Companies Act 2013 Every company other than a One Person Company shall in each year hold in addition to any other meetings, a…
Section 95 of Companies Act 2013-Registers, etc., to be Evidence. The registers, their indices and copies of annual returns maintained under sections 88 and 94 shall be prima facie evidence of any matter directed or authorised…
Section 94 of Companies Act 2013-Place of keeping and Inspection of Registers, Returns, etc. Section 94(1) of Companies Act 2013 The registers required to be kept and maintained by a company under section…
Section 93 of Companies Act 2013-Return to be Filed with Registrar in Case Promoters‘ Stake Changes Omitted Previous Next MCA
Section 92 of Companies Act 2013-Annual return. Section 92(1) of Companies Act 2013 Every company shall prepare a return (hereinafter referred to as the annual return) in the prescribed form containing the particulars as…
Section 91 of Companies Act 2013-Power to Close Register of Members or Debenture-Holders or Other Security Holders. Section 91(1) of Companies Act 2013 A company may close the register of members or the…
Section 90 of Companies Act 2013-Register of significant beneficial owners in a company Section 90(1) of Companies Act 2013 Every individual, who acting alone or together, or through one or…
Section 89 of Companies Act 2013-Declaration in Respect of Beneficial Interest in any Share Section 89(1) of Companies Act 2013 Where the name of a person is entered in the…
Section 88 of Companies Act 2013- Register of Members, etc. Section 88(1) of Companies Act 2013 Every company shall keep and maintain the following registers in such form and in such manner as may…
Section 87 of Companies Act 2013-Rectification by Central Government in Register of Charges The Central Government on being satisfied that— (a) the omission to give intimation to the Registrar of the payment or…
Section 86 of Companies Act 2013-Punishment for Contravention. Section 86(1) of Companies Act 2013 If any company is in default in complying with any of the provisions of this Chapter, the company shall be…
Section 85 of Companies Act 2013-Company’s Register of Charges Section 85(1) of Companies Act 2013 Every company shall keep at its registered office a register of charges in such form and in…
Section 84 of Companies Act 2013- Intimation of Appointment of Receiver or Manager Section 84(1) of Companies Act 2013 If any person obtains an order for the appointment of a receiver…
Section 83 of Companies Act 2013-Power of Registrar to Make Entries of Satisfaction and Release in Absence of Intimation from Company Section 83(1) of Companies Act 2013 The Registrar may, on evidence being given…
Section 82 of Companies Act 2013-Company to Report Satisfaction of Charge Section 82(1) of Companies Act 2013 A company shall give intimation to the Registrar in the prescribed form, of the payment or satisfaction…
Section 81 of Companies Act 2013-Register of Charges to be kept by Registrar Section 81(1) of Companies Act 2013 The Registrar shall, in respect of every company, keep a register containing particulars of…
Section 80 of Companies Act 2013-Date of notice of charge. Where any charge on any property or assets of a company or any of its undertakings is registered under section 77, any person acquiring such…
Section 79 of Companies Act 2013-Section 77 to apply in certain matters. The provisions of section 77 relating to registration of charges shall, so far as may be, apply to— (a) a company acquiring any…
Section 78 of Companies Act 2013-Application for registration of charge. Where a company fails to register the charge within the period of thirty days referred to in sub-section (1) of section 77, without prejudice to its liability…
Section 77 of Companies Act 2013- Duty to Register Charges, etc. Section 77(1) of Companies Act 2013 It shall be the duty of every company creating a charge within or outside India, on its property…
Section 76A of Companies Act 2013- Punishment for contravention of section 73 or section 76. Where a company accepts or invites or allows or causes any other person to accept or invite on its behalf any deposit in…
Section 76 of Companies Act 2013- Acceptance of deposits from public by certain companies. Section 76(1) of Companies Act 2013 Notwithstanding anything contained in section 73, a public company, having such net worth or turnover as may…
Section 75 of Companies Act 2013- Damages for fraud. Section 75(1) of Companies Act 2013 Where a company fails to repay the deposit or part thereof or any interest thereon referred to in section 74 within the…
Section 74 of Companies Act 2013- Repayment of deposits, etc., accepted before commencement of this Act. Section 74(1) of Companies Act 2013 Where in respect of any deposit accepted by a company before the commencement…
Section 73 of Companies Act 2013- Prohibition on acceptance of deposits from public. Section 73(1) of Companies Act 2013 On and after the commencement of this Act, no company shall invite, accept or…
Section 72 of Companies Act 2013- Power to nominate Section 72(1) of Companies Act 2013 Every holder of securities of a company may, at any time, nominate, in the prescribed manner, any person to whom his securities shall…
Section 71 of Companies Act 2013- Debentures. Section 71(1) of Companies Act 2013 A company may issue debentures with an option to convert such debentures into shares, either wholly or partly at the time of redemption: Provided that…
Section 70 of Companies Act 2013- Prohibition for Buy-Back in Certain Circumstances. Section 70(1) of Companies Act 2013 No company shall directly or indirectly purchase its own shares or other specified securities— (a) through…
Section 69 of Companies Act 2013- Transfer of Certain Sums to Capital Redemption Reserve Account Section 69(1) of Companies Act 2013 Where a company purchases its own shares out of free reserves or securities premium account, a…
Section 68 of Companies Act 2013- Power of Company to Purchase its Own Securities Section 68(1) of Companies Act 2013 Notwithstanding anything contained in this Act, but subject to the provisions…
Section 67 of Companies Act 2013- Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its Shares Section 67(1) of Companies Act 2013 No company limited by…
Section 66 of Companies Act 2013- Reduction of share capital. Section 66(1) of Companies Act 2013 Subject to confirmation by the Tribunal on an application by the company, a company limited by shares or limited…
Section 65 of Companies Act 2013- Unlimited Company to Provide for Reserve Share Capital on Conversion into Limited Company. An unlimited company having a share capital may, by a resolution for registration as a…
Section 64 of Companies Act 2013- Notice to be Given to Registrar for Alteration of Share Capital Section 64(1) of Companies Act 2013 Where— (a) a company alters its share capital in any manner specified in sub-section…
Section 63 of Companies Act 2013- Issue of Bonus Shares Section 63(1) of Companies Act 2013 A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, out of— (i)…
Section 62 of Companies Act 2013-Further Issue of Share Capital Section 62(1) of Companies Act 2013 Where at any time, a company having a share capital proposes to increase its subscribed capital by the…
Section 61 of Companies Act 2013- Power of Limited Company to Alter its Share Capital Section 61(1) of Companies Act 2013 A limited company having a share capital may, if so authorised…
Section 60 of Companies Act 2013- Publication of authorised, subscribed and paid-up capital. Section 60(1) of Companies Act 2013 Where any notice, advertisement or other official publication, or any business…
Section 59 of Companies Act 2013- Rectification of register of members. Section 59(1) of Companies Act 2013 If the name of any person is, without sufficient cause, entered in the…
Section 58 of Companies Act 2013- Refusal of registration and appeal against refusal. Section 58(1) of Companies Act 2013 If a private company limited by shares refuses, whether in pursuance of any…
Section 57 of Companies Act 2013-Punishment for Personation of Shareholder. If any person deceitfully personates as an owner of any security or interest in a company, or of any share warrant or…
Section 56 of Companies Act 2013-Transfer and Transmission of Securities Section 56(1) of Companies Act 2013 A company shall not register a transfer of securities of the company, or the interest of a member in the company in…
Section 55 of Companies Act 2013-Issue and Redemption of Preference Shares Section 55(1) of Companies Act 2013 No company limited by shares shall, after the commencement of this Act, issue any preference…
Section 54 of Companies Act 2013-Issue of Sweat Equity Shares Section 54(1) of Companies Act 2013 Notwithstanding anything contained in section 53, a company may issue sweat equity shares of a class of shares already…
Section 53 of Companies Act 2013-Prohibition on Issue of Shares at Discount. Section 53(1) of Companies Act 2013 Except as provided in section 54, a company shall not issue shares at a discount.…
Section 52 of Companies Act 2013- Application of premiums received on issue of shares. Section 52(1) of Companies Act 2013 Where a company issues shares at a premium, whether for cash or otherwise,…
Section 51 of Companies Act 2013-Payment of dividend in proportion to amount paid-up. A company may, if so authorised by its articles, pay dividends in proportion to the amount paid- up on each share. Previous…
Section 50 of Companies Act 2013- Company to Accept Unpaid Share Capital, Although not Called Up. Section 50(1) of Companies Act 2013 A company may, if so authorised by its articles, accept from…
Section 49 of Companies Act 2013-Calls on Shares of Same Class to be Made on Uniform Basis Where any calls for further share capital are made on the shares of…
Section 48 of Companies Act 2013-Variation of Shareholders' Rights Section 48(1) of Companies Act 2013 Where a share capital of the company is divided into different classes of shares, the rights attached…
Section 47 of Companies Act 2013-Voting Rights Section 47(1) of Companies Act 2013 Subject to the provisions of section 43, sub-section (2) of section 50 and sub-section (1) of section 188],— (a) every member of a company…
Section 46 of Companies Act 2013-Certificate of Shares Section 46(1) of Companies Act 2013 A certificate, issued under the common seal, if any, of the company or signed by two Directors or…
Section 45 of Companies Act 2013-Numbering of Shares Every share in a company having a share capital shall be distinguished by its distinctive number: Provided that nothing in this section shall apply to…
Section 44 of Companies Act 2013-Nature of Shares or Debentures The shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company.…
Section 43 of Companies Act 2013-Kinds of Share Capital. The share capital of a company limited by shares shall be of two kinds, namely: — (a) equity share capital— (i) with voting rights;…
Section 42 of Companies Act 2013-Offer or Invitation for Subscription of Securities on Private Placement. Section 42(1) of Companies Act 2013 A company may, subject to the provisions of this section, make a private…
Section 41 of Companies Act 2013-Global Depository Receipt A company may, after passing a special resolution in its general meeting, issue depository receipts in any foreign country in such manner, and subject to such conditions, as…
Section 40 of Companies Act 2013-Securities to be Dealt with in Stock Exchanges Section 40(1) of Companies Act 2013 Every company making public offer shall, before making such offer, make an application…
Section 39 of Companies Act 2013-Allotment of Securities by Company Section 39(1) of Companies Act 2013 No allotment of any securities of a company offered to the public for subscription shall be made unless…
Section 38 of Companies Act 2013- Punishment for Personation for Acquisition, etc., of Securities. Section 38(1) of Companies Act 2013 Any person who— (a) makes or abets making of an application in…
Section 37 of Companies Act 2013- Action by Affected Persons. A suit may be filed or any other action may be taken under section 34 or section 35 or section 36 by any person, group of persons…
Section 36 of Companies Act 2013- Punishment for Fraudulently Inducing Persons to Invest Money Any person who, either knowingly or recklessly makes any statement, promise or forecast which is false, deceptive…
Section 35 of Companies Act 2013- Civil Liability for Mis-statements in Prospectus Section 35(1) of Companies Act 2013 Where a person has subscribed for securities of a company acting on any statement included, or the…
Section 34 of Companies Act 2013-Criminal Liability for Mis-statements in Prospectus Where a prospectus, issued, circulated or distributed under this Chapter, includes any statement which is untrue or misleading in…
Section 33 of Companies Act 2013- Issue of Application Forms for Securities Section 33(1) of Companies Act 2013 No form of application for the purchase of any of the securities of a company shall be…
Section 32 of Companies Act 2013- Red Herring Prospectus Section 32(1) of Companies Act 2013 A company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of a…
Section 31 of Companies Act 2013- Shelf Prospectus Section 31(1) of Companies Act 2013 Any class or classes of companies, as the Securities and Exchange Board may provide by regulations in this…
Section 30 of Companies Act 2013- Advertisement of Prospectus Where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its memorandum as…
Section 29 of Companies Act 2013- Public Offer of Securities to be in Dematerialised Form. Section 29(1) of Companies Act 2013 Notwithstanding anything contained in any other provisions of this Act,— (a)…
Section 28 of Companies Act 2013- Offer of Sale of Shares by Certain Members of Company Section 28(1) of Companies Act 2013 Where certain members of a company propose, in consultation with the Board of Directors to offer, in…
Section 27 of Companies Act 2013- Variation in Terms of Contract or Objects in Prospectus Section 27(1) of Companies Act 2013 A company shall not, at any time, vary the terms of…
Section 26 of Companies Act 2013- Matters to be Stated in Prospectus Section 26(1) of Companies Act 2013 Every prospectus issued by or on behalf of a public company either with reference to its…
Section 25 of Companies Act 2013-Document Containing Offer of Securities for Sale to be Deemed Prospectus Section 25(1) of Companies Act 2013 Where a company allots or agrees to allot any securities…
Section 24 of Companies Act 2013-Power of Securities and Exchange Board to Regulate Issue and Transfer of Securities, etc. Section 24(1) of Companies Act 2013 The provisions contained in this…
Section 23 of Companies Act 2013-Public Offer and Private Placement Section 23(1) of Companies Act 2013 A public company may issue securities— (a) to public through prospectus (herein referred to as "public offer") by complying…
Section 22 of Companies Act 2013-Execution of Bills of Exchange, etc. Section 22(1) of Companies Act 2013 A bill of exchange, hundi or promissory note shall be deemed to have been made,…
Section 21 of Companies Act 2013-Authentication of Documents, Proceedings and Contracts Save as otherwise provided in this Act,— (a) a document or proceeding requiring authentication by a company; or (b) contracts made by…
Section 20 of Companies Act 2013-Service of Document Section 20(1) of Companies Act 2013 A document may be served on a company or an officer thereof by sending it to the company or the officer at the registered office of…
Section 19 of Companies Act 2013- Subsidiary Company not to hold shares in its Holding Company. Section 19(1) of Companies Act 2013 No company shall, either by itself or through its nominees, hold any…
Section 18 of Companies Act 2013-Conversion of Companies Already Registered Section 18(1) of Companies Act 2013 A company of any class registered under this Act may convert itself as a company of other class…
Section 17 of Companies Act 2013-Copies of Memorandum, Articles, etc., to be Given to member Section 17(1) of Companies Act 2013 A company shall, on being so requested by a member, send to him within seven days…
Section 16 of Companies Act 2013-Rectification of name of company Section 16(1) of Companies Act 2013 If, through inadvertence or otherwise, a company on its first registration or on its registration by…
Section 15 of Companies Act 2013-Alteration of Memorandum or Articles to be Noted in Every Copy Section 15(1) of Companies Act 2013 Every alteration made in the memorandum or articles…
Section 14 of Companies Act 2013-Alteration of Articles Section 14(1) of Companies Act 2013 Subject to the provisions of this Act and the conditions contained in its memorandum, if any,…
Section 13 of Companies Act 2013-Alteration of Memorandum Section 13(1) of Companies Act 2013 Save as provided in section 61, a company may, by a special resolution and after complying…
Section 12 of Companies Act 2013-Registered Office of Company Section 12(1) of Companies Act 2013 A company shall, within thirty days of its incorporation] and at all times thereafter, have a registered office capable…
Section 10A of Companies Act 2013-Commencement of business etc. Section 10A(1) of Companies Act 2013 A company incorporated after the commencement of the Companies (Amendment) Ordinance, 2[2019] and having a share capital…
Section 10 of Companies Act 2013-Effect of Memorandum and articles Section 10(1) of Companies Act 2013 Subject to the provisions of this Act, the memorandum and articles shall, when registered, bind the company and the members thereof to…
Section 9 of Companies Act 2013-Effect of Registration From the date of incorporation mentioned in the certificate of incorporation, such subscribers to the memorandum and all other persons, as may, from time…
Section 8 of Companies Act 2013-Formation of Companies with Charitable Objects, etc. Section 8(1) of Companies Act 2013 Where it is proved to the satisfaction of the Central Government that a person…
Section 7 of Companies Act 2013-Incorporation of company Section 7(1) of Companies Act 2013 There shall be filed with the Registrar within whose jurisdiction the registered office of a Company is proposed to be…
Section 6 of Companies Act 2013-Act to over-ride memorandum, articles, etc. Save as otherwise expressly provided in this Act— (a) the provisions of this Act shall have effect notwithstanding anything…
Section 5 of Companies Act 2013-Articles Section 5(1) of Companies Act 2013 The articles of a company shall contain the regulations for management of the company. Section 5(2) of Companies Act 2013 The articles shall also…
Section 4 of Companies Act 2013-Memorandum Section 4(1) of Companies Act 2013 The memorandum of association of a company shall state— (a) the name of the company with the last word “Limited” in the case of a…
Section 3A of Companies Act 2013-Members Severally Liable in Certain Cases If at any time the number of members of a company is reduced, in the case of a public company, below…
Section 3 of Companies Act 2013-Formation of Company Section 3(1) of Companies Act 2013 A company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be…