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COMPANIES ACT, 2013

PRESENTED BY:- SILPA SATAPATHY silpasatpathy7@gmail.com SOBHAGYA DHIRNARENDRA sobhagya.dhir@gmail.com. COMPANIES ACT, 2013. Background of Companies Act,2013. Background of Companies Act,2013.(contd...). NEED OF CHANGES IN COMPANIES ACT,1956.

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COMPANIES ACT, 2013

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  1. PRESENTED BY:- SILPA SATAPATHY silpasatpathy7@gmail.com SOBHAGYA DHIRNARENDRA sobhagya.dhir@gmail.com COMPANIES ACT, 2013

  2. Background of Companies Act,2013.

  3. Background of Companies Act,2013.(contd...)

  4. NEED OF CHANGES IN COMPANIES ACT,1956 • To have modern legislation for the Friendly Corporate Regulation. • To provide lesser Government Approvals. • To enhance self regulation with Corporate Democracy. • To provide flexible rule making environment for enabling to adjust the changing business environment.

  5. MAJOR ASPECTS FOR CHANGES • Initiative for E-Governance in the corporate sector. • Corporate Social Responsibility(CSR). • Enhance accountability of management. • Enhance accountability of auditor. • Protection of Minority Interest. • Protection of Investors.

  6. Major Differences. COMPANIES ACT 1956 COMPANIES ACT 2013 18 parts. 658 Sections. 15 Schedules. 29 Chapters. 470 Sections. 7 Schedules.

  7. Important changes regarding Incorporation

  8. Important changes regarding Board Meeting

  9. Important changes regarding Share capital

  10. Important changes regarding Share capital(contd..)

  11. Important changes regarding Directors and their Powers.

  12. Important changes regarding Directors and their Powers.(contd..)

  13. Important changes regarding AGM.

  14. Important changes regarding AGM (contd…).

  15. SECTIONS MADE APPLICABLE. • SECTIONS MADE APPLICABLE BY GOVERNMENT • CLAUSES UNDER SECTION 2 THAT ARE APPLICABLE.

  16. Global Depository Receipt (GDR) Global Depository Receipt (GDR).[Sec 2 (44)] - GDR means any instrument in the form of a depository receipt, by whatever named called , created by a foreign depository outside India and authorised by a company making an issue of such depository receipt.

  17. CORPORATE SOCIAL RESPONSIBILITY

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