OFFENCES under Company Law (Penalties, Punishments & Remedies)

Edition: 2nd edn., 2021

ISBN: 978-93-86921-27-7

Pages: 776

Author: CA. Kamal Garg

Division 1Incorporation of CompanyChapter 1 Incorporation of CompanyChapter 2 Formation of Companies with Charitable Objects, etc.Chapter 3 Commencement of Business, etc.Chapter 4 Registered Office of CompanyChapter 5 Alteration of Memorandum or Articles to be noted in every copyChapter 6 Rectification of Name of CompanyChapter 7 Copies of Memorandum, Articles, etc., to be given to membersDivision 2Public Offer and Allotment of SharesChapter 8 Matters to be stated in prospectusChapter 9 Issue of application forms for securitiesChapter 10 Criminal liability for mis-statements in prospectusChapter 11 Civil liability for mis-statements in prospectusChapter 12 Punishment for fraudulently inducing persons to invest moneyChapter 13 Punishment for personation for acquisition, etc., of securitiesChapter 14 Allotment of securities by companyChapter 15 Securities to be dealt with in stock exchangesChapter 16 Offer or invitation for subscription of securities on private placementDivision 3Share Capital and DebenturesChapter 17 Certificate of sharesChapter 18 Variation of shareholders' rightsChapter 19 Prohibition on issue of shares at discountChapter 20 Transfer and transmission of securitiesChapter 21 Punishment for personation of shareholderChapter 22 Refusal of registration and appeal against refusalChapter 23 Rectification of register of membersChapter 24 Publication of authorised, subscribed and paid-up capitalChapter 25 Notice to be given to registrar for alteration of share capitalChapter 26 Reduction of share capitalChapter 27 Restrictions on purchase by company or giving of loans by it for purchase of its sharesChapter 28 Power of company to purchase its own securitiesChapter 29 DebenturesDivision 4Public DepositsChapter 30 Prohibition on acceptance of deposits from publicChapter 31 Repayment of deposits, etc., accepted before commencement of this ActChapter 32 Damages for fraudDivision 5ChargesChapter 33 Punishment for contraventionDivision 6Registers and ReturnsChapter 34 Register of members, etc.Chapter 35 Declaration in respect of beneficial interest in any shareChapter 36 Power to close register of members or debenture-holders or other security holdersChapter 37 Annual ReturnChapter 38 Place of keeping and inspection of registers, returns, etc.Division 7MeetingsChapter 39 Punishment for default in complying with provisions of sections 96 to 98Chapter 40 Statement to be annexed to noticeChapter 41 ProxiesChapter 42 Circulation of Members’ resolutionChapter 43 Resolutions and agreements to be filedChapter 44 Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballotChapter 45 Inspection of minute-books of general meetingChapter 46 Report on annual general meetingDivision 8DividendChapter 47 Unpaid dividend accountChapter 48 Punishment for failure to distribute dividendsDivision 9AccountsChapter 49 Books of Account, etc., to be kept by companyChapter 50 Financial StatementChapter 51 Professional or other misconduct by any member or firm of chartered accountantsChapter 52 Financial Statement, Board’s report, etc.Chapter 53 Corporate Social ResponsibilityChapter 54 Right of member to copies of audited financial statementChapter 55 Copy of financial statement/statements to be filed with RegistrarDivision 10Audit and AuditorsChapter 56 Removal, resignation of auditor and giving of special noticeChapter 57 Reporting of frauds to Central Government and powers and duties of auditorsChapter 58 Punishment for contravention of sections 139 to 146Chapter 59 Central Government to specify audit of items of cost in respect of certain companiesDivision 11Appointment and Qualification of DirectorChapter 60 Company to have Board of DirectorsChapter 61 Appointment of DirectorsChapter 62 Prohibition to obtain more than one Director Identification NumberChapter 63 Director to intimate Director Identification NumberChapter 64 Company to inform director identification number to registrarChapter 65 Obligation to indicate Director Identification NumberChapter 66 Right of persons other than retiring directors to stand for directorshipChapter 67 Appointment of additional director, alternate director and nominee directorChapter 68 Appointment of directors to be voted individuallyChapter 69 Disqualifications for appointment of directorChapter 70 Number of directorshipsChapter 71 Duties of directorsChapter 72 Vacation of office of directorChapter 73 Resignation of directorChapter 74 Removal of directorsChapter 75 Register of directors and key managerial personnel and their shareholdingChapter 76 Members’ right to inspectDivision 12Directors, Meeting of BoardChapter 77 Meetings of BoardChapter 78 Quorum for meetings of BoardChapter 79 Passing of resolution by circulationDivision 13Audit CommitteeChapter 80 Audit CommitteeChapter 81 Nomination and Remuneration Committee and Stakeholders Relationship committeeDivision 14Powers of DirectorsChapter 82 Powers of BoardChapter 83 Restrictions on Powers of BoardChapter 84 Prohibitions and restrictions regarding political contributions and contribution to bona fide and charitable funds, etc.Chapter 85 Power of Board and other persons to make contributions to National Defence Fund, etc.Chapter 86 Disclosure of interest by directorChapter 87 Loan to Directors, etc.Chapter 88 Loan and investment by companyChapter 89 Investments of company to be held in its own nameChapter 90 Related Party TransactionsChapter 91 Register of contracts or arrangements in which directors are interestedChapter 92 Contract of employment with managing or whole-time directorsChapter 93 Payment to director for loss of office, etc., in connection with transfer of undertaking, property or sharesChapter 94 Restriction on non-cash transactions involving directorsChapter 95 Contract by One Person CompanyChapter 96 Prohibition on forward dealings in securities of company by director or key managerial personnelChapter