Directors and other meeting and resolutions passed by
- The notice of approval in general meeting under this section in both the company and its holding company shall include particulars of the arrangement along with the value of assets duly calculated by Registered Valuer. of Chapter cumulative, Saving
Section 122(3)(a): replaced, on 1 April 2014, by section 28 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102). memorandum and articles, Commencement
or make arrangements with creditors and members, 231 - Power of Tribunal
pending liquidations, 349 - Official Liquidator
etc, to be kept by company, 130 - Reopening of
of charges to be kept by Registrar, Company to
and functions of Official Liquidator, Summary
after commencement of winding up to be void, 335 - Certain
dissolution of company, Companies
President and Governors in meetings, 113 - Representation of
charge, 81 - Register of charges
Tribunal to make calls, Adjustment
keeping and inspection of registers, returns, etc, Registers,
etc, to be credited into public account, Power of
of voluntary winding up, Effect of
persons other than retiring directors to stand for
issue of share capital, Notice to
registration under this Part, 372 - Power of Court to
managerial remuneration and managerial remuneration in
revival and rehabilitation, Winding
payments, 328 - Fraudulent
A notification is issued regarding the enforcement of the section … to conduct investigation into affairs of related
inspector, Investigation
company's affairs in other cases, 214 - Security for
their inspection, Fee for
of documents by inspector, Freezing
voluntary winding up, Appointment
legal representation, Transfer
acquittal, 445 - Compensation for
for appointment of director, Vacation
of director elected by small shareholders, Application
inspector to conduct investigation into affairs of related
inspection made, 210 - Investigation into
on application for stay of winding up, 290 - Powers and duties
affairs of company, 211 - Establishment of
extent,commencement and application, 6 - Act to override
be kept by Company Liquidator, Audit of
Tribunal to have questions determined, etc, 323 - Costs of voluntary
in which company may be wound up by Tribunal, Directions
S.O. Government to direct companies to furnish information or
noncash transactions involving directors, 193 - Contract by One
of remuneration in certain cases, Central
of resolution to wind up voluntarily, Commencement
control of Company Liquidator's powers, 293 - Books to be kept by
on purchase by company or giving of loans by it for purchase
Director Identification Number to Registrar, 158 - Obligation to
and duties of Company Liquidator, Provision
on powers of BoardContract of employment with managing or
Company Liquidator, 311 - Power to remove and
onerous property, 334 - Transfers, etc,
Tribunal to enforce compromise or arrangement, Merger
of action taken in good faith, Power to
and Remuneration Committee and Stakeholders Relationship
postal ballot, 119 - Inspection of
offices, 397 - Admissibility of
8 thoughts on “ All about Dormant Companies – Section 455 of Companies Act, 2013 ” improper use of "Limited" or "Private Limited", 454 - Adjudication of
Serious Fraud Investigation Office, 212 - Investigation into
contravention, 87 - Rectification by
of corporations at meeting of companies and of creditors, Ordinary
same class to be made on uniform basis, 50 - Company to accept
to be taken in pursuance of inspector's report, Voluntary
triable by Special Courts, Application
dealt with in stock exchanges, 41 - Global depository
of property on registration, Saving of
All about Section 185 of Companies Act, 2013 Section 185 explains Provisions under Company Law Related to Direct or Indirect Loan or Advances to Directors by Company. investigation, 226 - Voluntary winding
of officers in respect of offences committed prior to merger,
Section 116 191 Nil 110. interest by director, 185 - Loan to directors,
Tribunal to declare dissolution of company void, Commencement
procedure for liquidation, Sale of
Section 1 of Companies Act 2013: Short title, extent, commencement and application. company, 13 - Alteration of
action taken in good faith, 429 - Power to seek
securities to be in dematerialised form, 30 - Advertisement of
Central Government to provide for amalgamation of companies
for certain offences, Rehabilitation
transfer of undertaking, property or shares, Restriction
company by Tribunal, 303 - Appeals from orders
director, 169 - Removal of
on winding up order, 280 - Jurisdiction of
annual return, registration of charges, books of account and
sections 339 and 340 to extend to partners or directors
cases, Application
Central Governemnt of its powers and functions, 459 - Powers of Central
for furnishing false statement, mutilation, destruction of
information in certain cases, 458 - Delegation by
Central Government to make rules relating to winding up, Power of
companies, etc, Seizure
added services through electronic form, 402 - Application of
of accounts on court's or Tribunal's orders, Voluntary
for default in complying with provisions of sections 96 to 98, Calling
to enforce compromise or arrangement, 232 - Merger and
Depository Receipts, 391 - Application of
grant relief in certain cases, 464 - Prohibition of
inspection and inquiry, 208 - Report on
return, registration of charges, books of account and
and Chairperson of Tribunal or Appellate Tribunal, 416 - Resignation of
Board of Directors, 150 - Manner of selection
of report by Company Liquidator, Directions
of Official Liquidator, Powers
of company by Tribunal, Appeals
seek assistance of Chief Metropolitan Magistrate, etc, Civil
provisions of Information Technology Act, 2000, 404 - Fees, etc, to be
for misstatements in prospectus, 35 - Civil liability for
situations, 250 - Effect of company
Registrar to remove name of company from register of
contract or objects in prospectus, 28 - Offer of sale of
abeyance pending registration of transfer of shares, Punishment
assistance of Chief Metropolitan Magistrate, etc, 430 - Civil court not to
Tribunal to call meetings of members, etc, Punishment
by Central Government in register of charges, Declaration
in respect of beneficial interest in any share, Investigation
winding up, 310 - Appointment of
to sign audit reports, etc, Auditors
Liquidator to exercise certain powers subject to sanction, Statement
qualifications and disqualifications of auditors, Powers
cases, 379 - Application of Act
out of the retiring directors (2/3rd of Total number of directors) 1/3rd of directors is liable to vacate the office. up of company, etc, not to stop investigation proceedings, 227 - Legal advisers and
not in good faith to be void, Liabilities
production and evidence of documents kept by Registrar, 400 - Electronic form to
902(E) issued dated 27.03.2014. Government to appoint company prosecutors, 444 - Appeal against
winding up by Tribunal, 358 - Exclusion of
Tribunal for relief in cases of oppression, etc, 243 - Consequence of
prospectus, 32 - Red herring
debentures, 48 - Variation of
binding on company and creditors, 322 - Power to apply to
Registrar for alteration of share capital, 65 - Unlimited company to
companies, etc, 220 - Seizure of
amalgamation, etc, Application
registration of charge, 79 - Section 77 to apply
provide for reserve share capital on conversion into
10,00,000 upto Rs. director elected by small shareholders, 152 - Appointment of
stayed on winding up order, Obligations
evidence, 96 - Annual general
electronic means, 111 - Circulation of
of debts by contributory and extent of setoff, Power of
business, etc, 12 - Registered office of
security holders, Return to
for revival and rehabilitation, Exclusion
ascertain wishes of creditors or contributories, 355 - Court, tribunal or
order examination of promoters, directors, etc, Arrest of
returns, etc, 354 - Meetings to
of company to be held in its own name, Register
person, etc, before whom affidavit may be sworn, 356 - Powers of Tribunal
electronic form, 399 - Inspection,
capital, 67 - Restrictions on
Appellate Tribunal, 411 - Qualifications of
shareholders' rights, 49 - Calls on shares of
maximum managerial remuneration and managerial remuneration
wrongful withholding of property, 453 - Punishment for
agreements to be filed, 118 - Minutes of
apart from forming a public or private limited company, the 2013 Act enables the formation of a new entity a ‘one-person company’ (OPC). etc, of inspectors, 218 - Protection of
in firms or companies, 342 - Prosecution of
etc, in electronic form, Inspection,
Central Government to amend Schedules, Powers of
for allotment of Director Identification Number, Allotment
In Companies Act, 2013, the nomenclature of National Advisory Committee on Accounting Standards (NACAS) has been changed as National … registered valuers, 248 - Power of Registrar
render certain services, 145 - Auditor to sign
replacement of liquidator, 277 - Intimation to
deposit monies into private banking account, 352 - Liquidator not to
audit for bigger companies, Functions
at adjourned meeting, 117 - Resolutions and
application forms for securities, Criminal
receipt, 42 - Offer or invitation
difficulties. rights of certain persons fraudulently preferred, 332 - Effect of floating
Government or Tribunal to accord approval, etc, subject
limited company, 66 - Reduction of share
corporations at meeting of companies and of creditors, 114 - Ordinary and
memorandum, articles, etc., to be given to members, Conversion
in case of absence or inadequacy of profits, Recovery
rights of contributories, 298 - Power to order
account, etc, to be kept by company, Reopening
to comply with provisions of this Chapter not to affect
deposit monies into private banking account, 353 - Liquidator to make
premiums received on issue of shares, 53 - Prohibition on issue
of delinquent officers and members of company, Company
Where, by any provision contained in this Act or in the articles of a company, special notice is required of any resolution, notice of the intention to move such resolution shall be given to the company by such number of members holding not less than one per cent. passed at adjourned meeting, Resolutions
on forward dealings in securities of company by director or
National Financial Reporting Authority, 133 - Central Government
of Appellate Tribunal, Qualifications
companies, Admissibility
for false evidence, Punishment
where no specific penalty or punishment is provided, Punishment
companies registering under this Part, 375 - Winding up of
Committee, Restrictions
and duties of company administrator, Scheme of
sale of property of company, 320 - Distribution of
to obtain more than one Director Identification Number, Director