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282 Sections notified (Companies Act 2013) & it’s comparison with Companies Act 1956

Reference: Circular number. 07/2014 dated 01.04.2014 by Ministry of Corporate Affairs. Dissemination of Information with regards to provisions of the Companies Act, 2013 as notified till date vis-à-vis the corresponding provisions of the Companies Act 1956. The Ministry of Corporate Affairs had notified 98+1 sections on 12.09.2013 and 183 sections w.e.f 01.04.2014 of the Companies […]

Definitions – As per Section 2 of Companies Act 2013

As we delve deeper into understanding the Companies Act 2013, it is also important to understand the definitions of some of the Company law terms. Following table describes the terms defined by the Companies Act 2013 (as notified by the Government on 01.04.2014). Section Title Definitions Clause (1) Abridged prospectus “Abridged prospectus” means a memorandum […]

Implementation of 183 sections of the Companies Act, 2013

The most awaited New Companies Act,2013 is being  rolled out /will be in effect starting from April 1’st, 2014 – according to the notification issued by Ministry of Corporate Affairs, dated 26th March, 2014. Following 183 sections or part thereof of Companies Act  2013 mentioned there-under will become applicable from April 1’st, 2014 and corresponding provisions […]

Implementation of 98 sections of the Companies Act, 2013

UPDATED : MCA has issued a Fresh Notification as on 26th March,2014. New sections or part thereof, of Companies Act  2013 mentioned there-under will become applicable from April 1’st, 2014 and corresponding provisions of Companies Act, 1956 cease to have effect from that date. Click here to know the details.  According to the notification issued by MCA […]

Procedure of LLP (Limited Liability Partnership) Formation

Step by step procedure of  LLP (Limited Liability Partnership) Formation, in India. *** Updated as on February 23rd,2014 *** What’s Updated? – MCA Circular on : Use of word ‘National’, ‘Bank’, ‘Exchange’, ‘Stock Exchange’ in the names of Companies or Limited Liability Partnerships (LLPs).  Refer General Circular No. 2/2014 Step 1: Apply for DIN 1 Apply for obtaining […]