Maximum shareholders in pvt ltd company is 200 excluding past and present employees. Section 31i of the companies act, 1956 defines a company as. It lays down objects, scope of activities, limitations,power of a company beyond which a company cannot go. Avoidance of provisions relieving liability of officers and auditors of company 202. The 20 act is divided into 29 chapters containing 470 sections as against 658 sections in the companies act, 1956 and has 7 schedules. That is, a company is an association of persons united for a common object.
A partnership is created by the express or implied agreement of the parties, and requires no formalities, though it is common to have a written agreement. Winner of the standing ovation award for best powerpoint templates from presentations magazine. Be it enacted by parliament in the sixth year of the republic of india as follows 1. Icsi house, 22, institutional area, lodi road, new delhi 110 003. The 1956 act has been in need of a substantial revamp for quite some time now, to make it more contemporary and relevant to corporates, regulators and other stakeholders in india. Classification on the basis of number of members private company a private company means a company which has a minimum paid up capital of rs. Definitions of company, existing company, private company and public company 4.
Free daily updates on finance taxation banking insurance. The companies registered under the companies act, 1956 or the earlier companies act. Companies act 1956, 20 pdf bare act, bare act pdf, law. Power of central government to declare an establishment not to be a branch office. All information on free downloadable ebook the indian companies act 1956 free pdf ebook cakart free book section, click on image to see the detail the indian companies act 1956 free pdf ebook you can find many more books for competitive exam or ca cs cma exam, click here to view details. Explore the companies act 20 and companies act 1956.
Ppt company law powerpoint presentation free to view. Companies act1956 ppt companies corporations free 30. Interpretation of person in accordance with whose directions or instructions directors are accustomed to act. The companies act 1956 new free download as powerpoint presentation. The pdf file you are about to download is not created by writinglaw. Companies and partnerships compared a a company can be created only by certain prescribed methods most commonly by registration under the companies act 1985. If you agree then only proceed to download companies act 20 pdf. It is an act to consolidate and amend the law relating to companies. Scribd is the worlds largest social reading and publishing site.
Companies act the companies act is a successor to the indian companies act of 19 and is a consolidation of many successive amendment acts, statutory rules and principles laid down in decisions of. Ppt companies act, 1956 powerpoint presentation free. The companies act 20 is an act of the parliament of india on indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company. Particulars companies act 1956 companies act 20 dividend transfer to reserves no dividend can be declared for any f. A company formed and registered under companies act or an existing company. Main provisions of companies act 1956 presented by. Companies act 1956 vs companies act 20 accounts and audit.
It is a form of business organization where the funds of a large number of. Broad comparative study companies act, 1956 vis vis companies bill, 2012 presented by. Company act 1956 ppt free download as powerpoint presentation. These are the companies which are formed and registered under the companies act, 1956 or were registered under any of.
The act was stated to be effective from 1st april, 2014. Be it enacted by parliament in the sixtyfourth year of the republic of india as follows. Chapter xxi part i companies authorised to register under this act. Companies act1956 ppt free download as powerpoint presentation. E the companies directors identification numberthird amendment rules 2012din1. The index contains the latest amendments, list of all sections including sections which has not yet been notified, schedules, and rules made under the companies act, 20. Download as ppt, pdf, txt or read online from scribd.
Ppt companies act,20 powerpoint presentation free to. A company means a group of persons associated together for the attainment of a common end, social or economic. Get easy access to companywise compliances, procedures, formats, resolutions, notifications, circular and. An association of persons united for a common object. The companies act, 20 passed by the parliament has received the assent of the president of india on 29th august, 20. Oe delegation of powers us 388 b, 388c, 388e to rbi banking regulation act view. One person company which has only one natural person as its. These are created by special act of the legislature e. Guest schedule vi of the companies act, 1956revised the revised schedule vi has been framed as per the existing nonconverged indian accounting standards notified under the companies accounting standards, rules, 2006. Content introduction definition characteristics of a company types of company 2. An act to consolidate and amend the law relating to companies and certain other associations. Presentation on companies act 20 by ca authorstream.
Chapter xix revival and rehabilitation of sick companies. Download section wise reference on companies act 20 vs. Any suggestions, additional inputs on the latest amendments are welcome to improvise the presentation. In this code, unless the context otherwise requires, the expressions defined in the first schedule hereto shall have the meanings assigned to them in.
Incorporated association separate legal entity limited liability separate property slideshow 2275081 by mya. Stock exchanges corporatization, demutualization and integration act, 2012. The ministry of corporate affairs, on 26th march 2014 notified a majority of the remaining sections of the companies act, 20, including sections 9 to 148, relating to audits and auditors. This an act to consolidate and amend the law relating to companies. Ppt companies act 1956 powerpoint presentation, free.
Mob 9810037364 a free powerpoint ppt presentation displayed as a flash slide show on id. Application of act to companies formed and registered under previous companies laws 562. Tribunal shall not be bound by the procedure laid down in the code of civil. Theyll give your presentations a professional, memorable appearance the kind of sophisticated look that. Stock exchanges corporatization, demutualization and integration amendment act, 2015.
Classification on the basis of incorporation statutory companies. Companies act, 1956 board of directors share repurchase. The companies incorporated by means of statute of special act of the parliament or any state legislative eg. Group 1 aarti singh, azhar hussain, jyoti nawlani, nemchand meena, renuka sharma companies act. Introduction to companies act 19561 free download as powerpoint presentation. Laws of malaysia act 125 companies act 1965 arrangement of sections part i preliminary section 1. Learn the most concepts of the topic company regulatory legislation in india. Download the complete pdf, ppt report at the link below. I have prepared it in a precise and condensed format without much technicalities of the act. Applicability of the companies act, 20 to auditors report to fy 201415 and onwards 1. Chapter xviii removal of names of companies from the register of companies.
What are the major differences between the companies act. For the purposes of this clause, free reserves means all reserves created out of the profits and share. Companies act, 1956 free download as powerpoint presentation. An introduction to company law authorstream presentation. Companies must have their financial year ending on 31 march every year. The indian companies act 1956 free pdf ebook cakart. Incorporation types of entities public company private company introduction of one person company,small companies and dormant companies companies with charitable and social objects also known as non profit companies private companies number of shareholders increased from the existing 50 to 200. Worlds best powerpoint templates crystalgraphics offers more powerpoint templates than anyone else in the world, with over 4 million to choose from. Introductionwhat is company a company is an artificial person created by law. State the provisions of the companies act, 1956 regarding declaration and payment of interim dividend assignment solutions, case study answer sheets project report and thesis contact aravind. Here we have give some important books for the book the companies. Companies act 1963 act 179 section 1commencement spent.
An act to consolidate and amend the law relating to companies. Download ppt on companies act 1956 vs companies act 20 accounts and audit zip file author can be reached at pri. Section wise comparison of companies act 1956 vs 20. Introduction to companies act 19561 board of directors. An ebook reader can be a software application for use on a computer such as microsofts free reader application, or a booksized computer this is used solely as a reading device such as nuvomedias rocket ebook.
When corporations deemed to be related to each other 6a. The companies act, 20 has been notified in the official gazette on 30th august, 20 but the provisions of this act shall come into force on such dates as the central government may. A company means a company formed and registered under this act or an existing company. A company is defined as a voluntary association of persons formed for the purpose of doing business, having a distinct name and limited liability. Company act 1956 ppt legal personality companies scribd. Aravind 099066442 09902787224 powerpoint ppt presentation free to view. Book companies act 1956 pdf download book companies act 1956 by pdf download author written the book namely companies act 1956. Icai the institute of chartered accountants of india. The companies act 20 book is free and available to everyone to download as a pdf.