Share capital and debentures section 43 to 72 chapter 5. This digital book is based on the companies act 20 18 of 20, the companies amendment act 2015 21 of 2015 and companies amendment act2017 1 of 2018, companies amendment act 2019 20 of 2019 along with latest notified rules, circulars, notifications and orders including caro 2020 by the ministry of corporate affairs from time to time till 31st march 2020. Power to close register of members or debentureholders or other security holders effective from 12th september, 20 1 a company may close the register of members or the register of debentureholders or the register of other security holders for any period or periods not exceeding in the aggregate fortyfive days in each year. The 20 act is divided into 29 chapters containing 470 sections as against 658 sections in the companies act, 1956 and has 7 schedules. Original omitted content within the time specified under section 403 9. Dear students, this video contains the revision of the companies act 20 section 1 to 42 importance of this video. Minutes kept in accordance with the provisions of the act evidence the proceedings recorded therein. The companies act 20 is an act of the parliament of india, divided into 29 chapters containing 470 sections and has 7 schedules. Companies act with rules paperback pocket edition taxmann. It is a comparative study between the companies act 20. After the filing of documents by a company, if the registrar feels the need to get some additional information regarding the documents, he sends a written notice and a. Section 206 of the companies act, 20 deals with the power to call for information, inspect books and conduct inquiries. The act has replaced the companies act, 1956 after receiving the assent of the president of india on 29 august 20. Every company shall keep minutes of all board and committee meetings in a minutes book.
The act intends to improve corporate governance and to further strengthen regulations for the companies, keeping in view the changing economic environment as well as the growth of our economy. The 20 act introduces a new type of entity to the existing list i. Omitted by the companies amendment act,2017 amendment effective from 7th may 2018. Platform to discuss issues relating to the companies bill 20 a. Icsi launches ebook on the companies act, 20 legalopedia. Ebook of 575 pages by icai on companies act 20 and. The institute of chartered accountants of india icai has issued a publication titled ebook on the companies act, 20 and rules thereon. Download the companies act 20 pdf book in legislative department websites and in other web portals. Substituted by the companies amendment act,2017 amendment effective from 7th may 2018. To a beginner who wishes to learn something such as companies act, 20, the first question they often ask is, where can i begin to learn. Students often fail to get proper results just because of the reason that.
Financing of companies under companies act, 20 how section 621c is taking away the liberty of capital raising by companies. It covers companies act, 20 and rules prescribed thereunder along with all. Icai e book on the companies act 20 and rules thereon. As per the secretarial standards issued by institute of company secretaries of india, common seal means, the metallic seal of a company which can be affixed only with.
Live webcast on the companies act, 20 and financial reporting from 5. Companies act, 20 new rules of the game 5 companies act, 20 background companies act, 20 20 act has been assented by the president of india on 29 august 20 and published in official gazette on 30 august 20. Incorporation of company and matters incidental thereto section 3 to 22 chapter 3. Comparative analysis of provisions of companies act, 20 with companies act, 1956. Download free e book the companies act 20 by icai pages. What is the best book available for the companies act, 20.
Companies can be incorporated through the rules of the indian companies act 20. All books are in clear copy here, and all files are secure so dont worry about it. Whether its a private limited, public limited, opc, or llp, each of these entities requires obeying section 128 of companies act, 20 mandatorily. Ppt companies act,20 powerpoint presentation free to. The object of new companies act is to replace the existing companies act, 1956 in order to achieve more transparency, accountability and promote better corporate governance in the functioning of the companies. Company law manual a compendium of companies act 20 along with relevant rules.
Companies act made easy is free app providing detail sectionwise and chapterwise information of indias companies act 2015 and rules. Enforcement status of companies act, 20 and companies amendment act, 2017. The act came into force on 12 september 20 with only 98 provisions of the act notified. Ca ipccinter law revision by ca ankita patni for maynov. Additional key areas stated in the book are sebi regulations and guidelines, corporate laws, indian and foreign rulings and circulars relevant under companies act 20.
Acceptance of deposits by companies section 73 to 76 chapter 6. As per the companies act, 20 maximum number of directors at 15 12 at present. The companies act 20 is an act of the parliament of india on indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company. Sabha on 8th august 20 and is all set to replace the 57 year old companies act, 1956. This site is like a library, you could find million book here by using search box in the header. Pdf companies act 1956 and 20 pdf download, high quality. Smriti zubin irani, honble union minister for textiles, government of india. As the world goes universal, are we going temporal. However, oneday company registration in india is not possible as there required certain documents, preparation of which takes time.
Icai the institute of chartered accountants of india. Mob 9810037364 a free powerpoint ppt presentation displayed as a flash slide show on id. Buy companies statutory registers 12in1 as per the new companies act 20 book online at low price in india on. Buy companies act 20 book online at low prices in india. The companies act, 20 the long awaited companies bill 2012 was passed by lok sabha in december 2012 and subsequently passed by rajya sabha and got presidents assent in august 20. What are some recommended books for case laws on companies. As per the companies act, 20 the shareholders are to be notified of the agm 21 days in advance unless it is convened on short notice. Prospectus and allotment of securities section 23 to 42 chapter 4. All companies are required to provide its members voting right facility on proposed resolutions at general meeting through electronic means as per regulations, 2009. If you agree then only proceed to download companies act 20 pdf. Minutes help in understanding the deliberations and decisions taken at the meeting. Different provisions of the companies amendment act, 2017 including any amendments, references in any provisions there in, shall come into force on such. This is a reporting of growth in business in monetary units.
A comparison of the companies act, 20 and the companies act, 1956 has not been included in this book since such a comparison may result in confusion to the students. Acts of parliament of india, that are held responsible for regulating the incorporations, responsibilities and dissolution of a company are all assembled in the book companies act 20 from taxmann. Section 128 of companies act, 20 books of account, etc. It contains all the sections and schedules of the companies act 20 as well as the rules notified so far. This book is the most authentic and comprehensive book on indian company laws. Buy the companies act 20 bare act with amendments 2020 edition book online at best prices in india on. App features complete companies act 2015 and rules in. The companies act, 20 received the assent of the president on 29th august, 20 and was notified in the gazette of india on 30th august, 20. Also, icai has made it clear that the comparison of the companies act, 20 and companies act, 1956 would not be asked in the exams. With this idea, ministry of corporate affairs and icsi has taken initiative for taking up this project and at the occasion of the 44 th national convention of company secretaries held on 17 th 19 november, 2016, this e book portal on the companies act, 20 was launched by the hands of smt. Whereby the new spice form helps the companies to get incorporated in one day.
The companies act, 20 is an important milestone in bringing the glory of indian business at par with international community. The pdf file you are about to download is not created by writinglaw. Readers would like to keep it as a reference guide in order to keep the companies laws and rules on their fingertips. Every company shall prepare and keep at its registered office books of accounts and other relevant. All about minutes under section 118 of companies act 20. This number can be enhanced by special resolution without central government approval. About the book the companies act 20 was eagerly awaited by professional accounting bodies and by the industry. The companies act, 20 has been notified in the official gazette on 30th august, 20 but the provisions of this act shall come into force on such dates as the central government may notify in the. There is no definition prescribed under the companies act, 1956 and companies act, 20. Book closure under companies act 20 include all kind of. E book by icai on companies act 20 and rules posted on september 24, 2014 by editor posted in all information, others 1 comment v the institute of chartered accountants of india icai has issued a publication titled e book on the companies act, 20 and rules thereon. Concise referencer on various resolutions, disclosures in boards report, privileges and exemptions for various kinds of companies. The companies act 20 is an act of the parliament of india on indian company law which regulates incorporation of a company, responsibilities of a company.
I have to deal with companies act, 20 on daily basis. Maintenance of books of accounts as per companies act, 20. Buy companies act, 20 by bharats bharat law house pvt. Although there are now many books in the market on companies act, 20. The companies act, 20 passed by the parliament has received the assent of the president of india on 29th august, 20. I am a qualified lawyer and company secretary working with a financial institution in mumbai. Different provisions of the companies amendment act, 2017 including any amendments, references in any provisions there in, shall come into force on such date or dates as the central government may, by notification in the official gazette appoints. The financial statements of a company is most important document until recent past, when non financial reporting started to gain its momentum. This e book on companies act, 20 18 of 20 has been prepared for the benefit of students and professionals. Buy the companies act 20 bare act with amendments 2020. Includes information on mcas main functions and other details about the ministry. Ebook by icai on companies act 20 and rules useful. This an act to consolidate and amend the law relating to companies. Mmaintenance of books of accounts is one of the mandatory compliances that every company needs to follow.