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Comparitive Analysis Of Certain Sections Of Companies Act, 1956 & Companies Act, 2013

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[vc_row][vc_column][vc_column_text]Background: As you know that Companies Act, 2013 has been published in the Gazette for public information with the information that it will become applicable once it is notified by the Central Government (Ministry of Corporate Affairs) to replace the present Companies Act, 1956. Accordingly, the notification for commencement of 98 sections of the new …

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Insight On Section 186 Of The New Companies Act, 2013

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[vc_row][vc_column][vc_column_text]Section 186 of the Companies Act 2013 – Loan and Investment by Company Introduction: The Companies Act, 2013 (Act) has come up with a change in the concept of ‘Loan and Investment by Company. The new Act provides that inter-corporate investments not to be made through more than two layers of investment companies. There is …

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Lets Analyze

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In the earlier issue we discussed from Sections 26 to 36 of the Companies Act, 1956 which deals with the Articles of Association and in the present issue we shall proceed with Section 41 of the Companies Act, 1956 which deals with the definition of a member. Query # 1: If the subscribers to memorandum …

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RESERVE BANK OF INDIA

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Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity: RBI had vide its circular A.P. (DIR Series) Circular No. 15 dated October 1, 2004, informed that an Indian company can issue equity shares against External Commercial Borrowings (ECB) subject to conditions mentioned therein and pricing guidelines as prescribed by the Reserve Bank from time …

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The Swedish Corporate Governance Practices – A brief understanding

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The Swedish model of corporate governance is fundamentally the same as in most other countries. The essence of Swedish corporate governance is that the ultimate power should rest with the shareholders. Source of Swedish Legislation: The main source of corporate legislation is the Swedish Companies Act (‘the Companies Act’). The Companies Act contains general provisions …

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