Companies Act Integrated Ready Reckoner|Companies Act 2013|CAIRR
CAIRR is a free to use website that provides the Indian Companies Act, 2013 at your fingertips.Act integrated with Rules, Notifications, Orders & Circulars
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[CAIRR Update] SEBI (LODR), 2015 Notification!
May 9, 2019 Summary of Notification in the SEBI (LODR), 2015 issued on 07/05/2019 is listed below: The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2019: Proviso to Regulation 52(1) inserted-This proviso…
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[CAIRR Update] SEBI (LODR), 2015, SEBI (SAST), 2011, Companies Act, 2013 Amendment!
April 02, 2019 Summary of Amendments in the SEBI (LODR), 2015, SEBI (SAST), 2011 and the Companies Act, 2013 issued on 29th and 30th March, 2019 are listed below: The SEBI (Listing Obligations and Disclosures Requirements) (Amendment) Regulations, 2019: Regulation 23(1A)is…
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Amendments to the Exemptions provided to Section 8 Companies
Its clarified that only Individuals can be appointed as a Director to the Board of Section 8 company. Further Section 8 Company needs to have minimum of 3 directors in case of Public Company and 2 in case of Private Company Section 8 companies can provide loans at lower than the…
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Amendments to the Exemptions provided to Governement Companies
Government Companies can hold Annual general meeting at a place other than the registered office including places within the city, town or village in which the registered office of the company is situateonly after the Central Government approves it. Directors retirement by…
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Amendments to the Exemptions provided to Private Company
Private Company that is recognized as a start-up company by the Department of Industrial Policy and Promotion need not include Cash Flow statement in their financial statements. The exemption provided to Private companies for accepting Deposits has been expanded to include: A…
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194. Prohibition on forward dealings in securities of company by director or key managerial personnel
(1) No director of a company or any of its key managerial personnel shall buy in the company, or in its holding, subsidiary or associate company — (a) a right to call for delivery or a right to make delivery at a specified price and within a specified time, of a specified number…
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193. Contract by One Person Company
(1) Where One Person Company limited by shares or by guarantee enters into a contract with the sole member of the company who is also the director of the company, the company shall, unless the contract is in writing, ensure that the terms of the contract or offer are contained…
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192. Restriction on non-cash transactions involving directors
(1) No company shall enter into an arrangement by which— (a) a director of the company or its holding, subsidiary or associate company or a person connected with him acquires or is to acquire assets for consideration other than cash, from the company; or (b) the company acquires…
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191. Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares
(1) No director of a company shall, in connection with— (a) the transfer of the whole or any part of any undertaking or property of the company; or (b) the transfer to any person of all or any of the shares in a company being a transfer resulting from— (i) an offer made to the ……
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190. Contract of employment with managing or whole-time directors
(1) Every company shall keep at its registered office,— (a) where a contract of service with a managing or whole-time director is in writing, a copy of the contract; or (b) where such a contract is not in writing, a written memorandum setting out its terms. (2) The copies of the…