What sections does Companies Act, 2013 provide?
What sections does Companies Act, 2013 provide?
The Companies Act, 2013
| Section No. | Section Name |
|---|---|
| 23 | Public offer and private placement |
| 24 | Power of Securities and Exchange Board to regulate issue and transfer of securities, etc |
| 25 | Document containing offer of securities for sale to be deemed prospectus |
| 26 | Matters to be stated in prospectus |
Which companies are covered under Companies Act?
Statutory Companies : These companies are constituted by a special Act of Parliament or State Legislature.
What is Section 2 77 of the Companies Act 2013?
Relative – Section 2(77) of the Companies Act, 2013
| Sr. No. | Relative | 2013 Act |
|---|---|---|
| 7 | Step Mother | Yes |
| 8 | Son | Yes |
| 9 | Step Son | Yes |
| 10 | Son’s Wife | Yes |
How many sections are there in Company Act 2013?
470 sections
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 is Companies Act, 2013 What are the salient features of Companies Act, 2013?
The major highlights of the 2013 Act are given below: The maximum number of shareholders for a private company is 200 (the previous cap was at 50). The concept of a one-person company. Company Law Appellate Tribunal & Company Law Tribunal.
What is different types of companies?
Types of Companies
- Companies Limited by Shares.
- Companies Limited by Guarantee.
- Unlimited Companies.
- One Person Companies (OPC)
- Private Companies.
- Public Companies.
- Holding and Subsidiary Companies.
- Associate Companies.
What are the classification of companies?
Primary Classification Companies are primarily classified into private and public. Private companies or private limited companies are those companies that are closely-held and have less than 200 shareholders. Public companies are limited companies that have more than 200 shareholders and are listed on a stock exchange.
What is Section 185 of Companies Act, 2013?
Under Section 185 of the Companies Act, 2013, the company cannot provide loans directly or indirectly, including any loans represented by credit cards: To any of its directors. To any other person, the director is interested in. Provide security in respect of loans taken by the director or any such person.
