The Companies Act 2013. B every officer of the company who is in default.
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902 E issued dated 27032014.
. Inspection of minute-books of general meeting-. Amendment Rules 2016 Jun 30 2016. Course Title FAR bkaf3023.
Section 511 of the Companies Act 2016 11. Punishment for contravention of section 73 or section 76. Transfer of shares and debentures.
NBFCs registered with RBI. Where a company accepts or invites or allows or causes any other person to accept or invite on its behalf any deposit in contravention of the manner or the conditions prescribed under section 73 or. Director General of Inland Revenue Board means the Director General of Inland Revenue as provided in section 134 of the Income Tax Act 1967.
Punishment for contravention of section 73 or section 76. PART I Page 3 12. Section 76 starts with the word notwithstanding which implies that it is a specific exception as.
Company can accept the deposits from members as well as from public in. Chapter-V Acceptance of Deposits by Companies. Company can accept the deposits from members as well as from public in accordance to section 73 to 76 of companies Act 2013.
The Companies Act 2013. The Companies Ordinance 1984 Section. Links to this primary source.
- 1 An application for registration of the transfer of shares and debentures in a company may be made either by the transferor or the transferee and subject to the provisions of this section the company shall enter in its register of members the name of the transferee in the same manner. SECTION 76A. Content referring to this primary source.
A in Part 2 by the insertion of the following. CHAPTER VI REGISTRATION OF CHARGES 77. Pursuant to provisions of sub-section 2 of section 76 of the Act the provisions of sections 73 and 74 shall mutatis mutandis apply to acceptance of deposits from public by eligible companies.
This test does not replace the common law duty of care. Date of notice of charge. A the company and.
8C Copies of or extracts from books to be admitted in evidence. Section 76 Companies Act 2006 Practical Law Primary Source 1-505-9301 Approx. The company may apply for an EOT under section 6092 of the Companies Act 2016.
Companies Act 2016. School Northern University of Malaysia. PDF uploaded 1772019.
Is the Extension of Time EOT applicable for the ROA and the ROM. Substituted vide NCLT Amendment Rules2016 depositor for repayment. Procedures on Resignation of Secretary under Section 237 of the Companies Act 2016.
A guideline on the EOT will be issued by SSM. Surprisingly the form of the business judgement rule set out in section 764 and 5 of the 2008 Companies Act most closely resembles in form at least that set out in sections 180 and 189 of the Australian Corporations Act of 2011. Section 764 of the Companies Act 2016 the general meeting reserves the power to revoke or vary any approval previously given.
Acceptance of deposits from public by certain companies. Notwithstanding anything contained in section 73 a public company having such net worth or turnover as may be prescribed may accept deposits from persons other than its members subject to compliance with the requirements provided in sub-section 2 of section 73 and subject to. An Act to provide for the registration administration and dissolution of companies and corporations and to provide for related matters.
An application in for re-opening of books of accounts and for re-casting of financial statement of a company under section 130 of the Act and such application shall be accompanied by such documents as mentioned in. Pages 142 This preview shows page 136 -. 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 contravention of the manner or the conditions prescribed under section 73 or section 76 or rules made thereunder or if a company fails to repay the.
Application for registration of charge. Section 1230 of the Principal Act is amended in subsection 8 in the Table. Ctrl Alt T to openclose.
Part 2 ADMINISTRATION OF THIS ACT. Notified companies by central Government after consultation with RBI. Notified companies by central Government after consultation with RBI.
If the direction is confirmed the court shall specify the period within which the direction is to be complied with. Duty to register charges etc. This section that is Section 76 is an exception to the general rule provided in section 73.
That subject to sections 75 and 76 of the companies. 8D Destruction mutilation etc of company documents. 8A Inspection of books of corporation.
Chapter-V Acceptance of Deposits by Companies. Companies Act 2016. Section 76 of Companies Act 2013.
THAT subject to Sections 75 and 76 of the Companies Act 2016 and the approvals. 8 Administration of Act and appointment of Registrar of Companies etc. Acceptance of deposits from public by certain companies.
For a public company this approval expires at the earlier of. Register of charges to be kept. Section 76 of Companies Act 2013 Acceptance of deposits from public by certain companies.
This is provided in section 73 of the Companies Act 2013. 1 Notwithstanding anything contained in section 73 a public company having such net worth or turnover as may be prescribed may accept deposits from persons other than its members subject to compliance. Queries Issued on Documents and Applications Lodged with t he Registrar.
6 If a company fails to comply with a direction under this section an offence is committed by. Section 76 shall come into force on 1st April 2014 vide Notification No. 1 page Ask a question Section 76 Companies Act 2006 Toggle Table of Contents Table of Contents.
Application under sections 719 7110 section 734 or section 742 and762-1Where a company fails to redeem the debentures or repay the deposits or any part thereof or any interest thereon an application under sub-section 10 of section 71 or under sub-section 4 of section 73 of the Act or section 45QA of the Reserve Bank of India Act 1934 2. PDF uploaded 1102018 5. Acceptance of deposits from public by certain companies.
Companies Acceptance of DepositsAmendment Rules 2019 Feb 15 2019. Section 276 of the Companies Act 2013 read with Rule 3 of the Companies Specification of definitions details Rules 2014 defines the term. 8B Power of Magistrate to issue warrant to seize books.
Can the company secretary who is blacklisted lodge the ROM and ROA. It is in the nature of a safe harbour. 1 For the purposes of.
Qualification of company based on size of. Provisions under section 73 to 76 of the Companies Act 2013 and the companys acceptance of Deposits Rules 2014 shall apply to all companies Except. A the conclusion of the next annual general meeting after the approval was given or b the expiration of the period within the next annual.
1 Notwithstanding anything contained in section 73 a public company having such net worth or turnover as may be prescribed may accept. The following is inserted in S 276 vide Companies Amendment Act 2017 for sub-clause viii ie point no 9 in 276 of the article the following sub-clause shall be substituted namely. Section 77 to apply in certain matters.
Provisions under section 73 to 76 of the Companies Act 2013 and the companies acceptance of Deposits Rules 2014 shall apply to all companies Except-.
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