At these events i briefed the highlights of the companies act, 20, einitiative of uploading the icsi primer on the companies act, 20 that incorporates all the major chapters of new companies act on youtube, computer based examination for foundation programme, modified training structure and introduction of open book examination in. Ramaiyas guide to the companies act represents the most thorough and comprehensive reference work on corporate law. Key highlights of the 18th edition of ramaiya a guide to companies act 20. Smriti zubin irani, honble union minister for textiles, government of india. The background of companies act, 20 the companies act, 1956 is all set to be replaced by the companies act 20 which was passed by the lok sabha on 18th december 2012 and passed by the rajya sabha on 8th august 20. The companies act 20 is an act of the parliament of india, divided into 29 chapters containing 470 sections and has 7 schedules. Backgrounder on the companies act, 20 the companies bill, 2012, on receiving the assent of honorable president of india on august 29, 20, was notified in the gazette of india on august 30, 20 as. Articles of association, statutory books, disclosure by the auditee etc. The course is an interactive programme focusing on experiential learning and combining class room lectures, discussion, class exercises case studies, industry visits, practice sessions etc. Company secretaries, in the year 2009, she undertook and successfully completed the. Companies, private companies, and nidhi companies subject to conditions specified in mcas exemption notification dated 5th june 2015 and. Icsi has recently issued four auditing standards1 standards for the.
Annual compliance calendar under the companies act, 20 new. The institute of company secretaries of india icsi, functioning under the aegis of the ministry of corporate affairs, here today launched the icsi primer on companies act 20 on its. This study material is published to aid the students in preparing the. Icsi seminar on companies act 20, rules and implementation sep 14, faridabad. Definitions the following terms are used in this standard with the meaning specified. Order latest book on companies act online dec, 2016 scheme for organising book fairs, book exhibitions and participation in international book fairs and publishing events jun 16, 2011 companies bill, 2012 gets presidential nod industries welcome the companies act, 20 18 of 20 aug 31, 20. Icsi frequently asked questions on companies act, 20. Chapter xxi part i companies authorised to register under this act. Download office or place of profit section 314 of companies act, 1956 2005 0. Faqs on companies act, 20 2nd edition the companies act, 20 series.
Acceptance of deposits it is pertinent to note that the requirements relating to acceptance of deposits are already quite stringent under the 1956 act and the rules made thereunder. To be published in the gazette of india,12 assistant director extraordinary, part ii, section 3, subsection ii clarification on section 58a9 and whereas the companies act, 20 18 of 20 hereinafter referred section 58aa of the companies to as the said act received the assent of the president on 29th august, act, 1956 reg. 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 ebook portal on the companies act, 20 was launched by the hands of smt. Icsi frequently asked questions on companies act 20. Bare act of the companies act 20 with rules ebook on companies act 20 annotated bare act of companies act 20 with rules, notifications, orders and circulars in ebook pdf format for free download. Icsi to revise company secretary course by december pune. Souvenir golden jubilee year national convention of company secretaries 46th edition and international conference 6th edition. Chapter xix revival and rehabilitation of sick companies. To receive notification by email of an updated version of ebook, register at here. As defined in the company secretaries act, 1980, company secretary cs is a member of the institute of company secretaries of india. Sep 06, 2014 a seminar is being organised by icsi on companies act 20 on september 14. Best viewed on screen resolution 1024x768 pixels website best viewed in ie8, ie9, mozila 15. Make an indepth study of legal provisions and their practical applications to be able to support your answers with an emphasis on the legal aspect.
Companies act, 20 will create requirement of company. Icsi the institute of company secretaries of india released its frequently asked questions faqs on the companies act 20 on 25 th june 2014. Cma inter final applicability of companies act 20 dec. Chapter xviii removal of names of companies from the register of companies. Comprehensive and authoritative commentary on the new companies act 20. The last date for efilling of companys annual returns and balance sheet under companies act is an opportunity.
There are no rules prescribed, at present, for sec. A ramaiya guide to the companies act providing guidance on. The act came into force on 12 september 20 with only 98 provisions of the act notified. Amendment rules, circulars, notifications and orders under companies act, 20. Icsi notification issue of study materials corporate law. The queries which were common and related have been compiled together and response to the same is being provided in the form of. Cs sutanu sinha, chief executive, icsi explained the foregroundthe icsisircand the kochi chapter jointly organized a seminar of the capital market, the impact of the new companies act,on the companies act, 20. Cs annu sharma is an associate member of icsi as well as a law graduate and a certified csr professional having prominent experience in. The ready referencer introduces readers to the new concepts in the companies act, 20 and lists out the salient features, of the law in a capsule form. Jan 01, 2018 she is an author and has coauthored the following books published by the bloomsbury india professional. Procedures and compliances a practical approach to the companies act, 20 2 editions bloomsburys desk referencer for professionals 3 editions the directors handbook a panoramic view of the provisions of the. The companies act 20 shall have effect on both company accounts part a and auditing practices part b of module 2 paper 5. New conceptsprovisions introduced by companies act 20 analyzed and discussed. Because there were many amendments in rules, many circulars, notification came during the year 2015.
Table of applicable fees to be paid to the registrar at the time of registration 4. Exactly 100 years later, the companies act, 20 was enacted. In case regional directors approves the application, it may ask the company to pay for different in the price of property paid by them and the actual market price of the property, where such property has been purchased by them at concessional cost from the government or any authority. Icsi seminar on companies act 20, rules and implementation. According to section 205 of the companies act, 20 the company. Cs exam complete guide to company secretary cs exam. Corporate governance provisions, foreign companies, small companies, one person companies. Includes information on mcas main functions and other details about the ministry. An excel file contains summary of provisions of companies act 20 brought to force. To earn the membership of icsi, candidates are required to complete a comprehensive 3level company secretary course. A brief background to the introduction and status of the companies act 20 is as under. Integrated company secretary course complete details. Backgrounder on the companies act, 20 the companies bill, 2012, on receiving the assent of honorable president of india on august 29, 20, was notified in the gazette of india on august 30, 20 as the companies act, 20 18 of 20. She is an author and has coauthored the following books published by the bloomsbury india professional.
From dec 2020 all icsi executive programme exams shall be held in new syllabus 2017 only. Because there were many amendments in rules, many circulars, notification came during the year 201516 which will affect the annual filing of the company. The icsi website addresses frequently asked questions on the companies act, 20. It includes the details chapter wise divided in 29 chapters. He has already written more than 500 editorials on corporate law. A significant impact of the 20 act is that only those public companies which meet the prescribed net worth. How can i avail the discount on the analysis of companies act 20 book. And kindly guide me company law 20 new act and sebi book in hindi medium. Icsi notification issue of study materials corporate. Icsi launches ebook on the companies act, 20 legalopedia. Students would be exposed to real life organizational situations, professional dilemmas etc. The act has replaced the companies act, 1956 after receiving the assent of the president of india on 29 august 20. Annual filing under companies act 20 now it is the high time for the members to start work on annual return mgt7 and director report.
Acquire an understanding of the intricacies involved in the companies act, 20, and any modifications, regulatory changes related to company law. Different provisions of the companies amendment act, 2017 including any amendments, references in any. Nov 12, 20 16 video on companies act, 20 on all chapters by icsi 1 0 raj kumari tuesday, november 12, 20 edit this post the institute is undertaking a large number of initiatives to build up the knowledge capacity in the country towards implementation of the companies act, 20 in letter and spirit and thereby enable the country to reap the benefits. A ramaiya guide to the companies act providing guidance.
The more you practice the more are chances of your success. Let me know whether i have to folow companies act 1956 or 20. Chapter vi registration of charges, the companies act, 20 1. The other recent books include business valuation in indiabeyond the numbers, compendium on the insolvency and bankruptcy code2016 and handbook of company law procedures.
Company law procedures with compliances and checklists 5th. The students appearing under the old syllabus may refer to soft copies of the study material revised in the light of companies act, 20 for the corresponding subjects under the new syllabus to be uploaded on icsi website shortly. Dec 03, 20 chapter vi registration of charges, the companies act, 20 1. Cma inter final applicability of companies act 20 dec 2014. 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. It says several pertinent and relevant queries with regard to the companies act, 20 have been received from the stakeholders. Companies act, 20chapter vi by cs mamta binani past chairperson year 2010, eirc of icsi practising company secretary presentation for chartered accountants b. Comprehensive list of forms and applicable rules along with the references of chapters and sections of the companies act, 20 2. Icsi primer companies act 20 uploaded a video 6 years ago 35. Companies law procedures with compliances and checklists. He is a co author of following books published by bloomsbury india professional. Icsi auditing standards a guidance to the members in practice.
Part c of this form is required to be filled properly, as change of name require government approval. This study material has been published to aid the students in. Act, 20 thought it fit to bring out this ready referencer on companies act, 20, as a self learning aid to understand the basic tenets of the new act. Dec 16, 2015 order latest book on companies act online dec, 2016 scheme for organising book fairs, book exhibitions and participation in international book fairs and publishing events jun 16, 2011 companies bill, 2012 gets presidential nod industries welcome the companies act, 20 18 of 20 aug 31, 20. Detailed appendixes, providing rules, regulations, orders issued under companies act 20, and companies act 1956, as well as allied legislation and regulations issued thereunder testimonials. The last examination of the cs executive programme under the old syllabus 2012 shall be held in june, 2020. In the above company law section keywords are no provisions in.
Comprehensive list of fines and penaltiescompoundable and noncompoundable 3. Side by side analysis of companies act 1956 and companies act 20. In case of one person company, only one person is required who can be a shareholder as well as director, whereas in the old companies act 1956, minimum of two directors and shareholders were required to form a private limited company. Exposure draft of icsi guidance on diligence report on governance for banks. Icsi to revise company secretary course by december.
Usually, cs plays an important role in the financial and legal management of a company. Opc is a new concept in india which has been introduced by the companies act 20. Comparison chart of companies act, 1956 with corresponding sections of companies act, 20 sebi listing obligations and disclosure requirements regulations, 2015 the book will serve as a single point reference guide for the professionals, students, advocates, company secretaries, chartered accountants, and insolvency professionals for their. Guide to new companies act, 20 lexis practical guidance. The indian companies act, 19 19 act was the first comprehensive enactment that dealt with the law relating to companies. Cs executive new syllabus for june 2020 exams icsi aubsp. It also includes given schedules in the last of the book page 363page440 which includes forms and other minor details. Latest book on companies act, 20 corporate law reporter. Some important extracts of the document are reproduced as under.
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. Chapter vi registration of charges, the companies act, 20. I have registerd cs executive in 20 and planing to write exams on jun14. 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. 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. Chairman and managing committee member of the pune chapter of the icsi. A seminar is being organised by icsi on companies act 20 on september 14. 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. After the second world war, in the united kingdom, a company law amendment committee was formed, popularly known as the cohen committee.
May 14, 20 in case you do not receive the same by 31. Cs executive new syllabus 2017 is applicable for june 2020 examinations. Dec 07, 2016 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 ebook portal on the companies act, 20 was launched by the hands of smt. Being a researcher at heart, he has done rigorous research and has written various articles on companies act, 20 to keep at pace with the latest changes and critically analyze the implications of various provisions of the new act. The companies act 20 is about improving corporate governance which revolves around the board of directors, senior management of the company, their roles, responsibility and accountability, rights and equitable treatment of stakeholders, prompt disclosures, transparency, the legal and regulatory compliances.
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