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Chapter I to VI of Companies Act, 2013

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HomeBrud.gifIndian LawBrud.gifActsBrud.gifCompanies Act, 2013Brud.gifChapter I to VI of Companies Act, 2013

Chapter I: Preliminary

Chapter II: Incorporation of Company and Matters incidental thereof

Chapter III: Prospectus and allotment of securities

Part I: Public offer

  • Section 23: Public offer and private placement.
  • Section 24: Power of Securities and Exchange Board to regulate issue and transfer of securities, etc.
  • Section 25: Document containing offer of securities for sale to be deemed prospectus.
  • Section 26: Matters to be stated in prospectus.
  • Section 27: Variation in terms of contract or objects in prospectus.
  • Section 28: Offer of sale of shares by certain members of company.
  • Section 29: Public offer of securities to be in dematerialised form.
  • Section 30: Advertisement of prospectus
  • Section 31: Shelf prospectus
  • Section 32: Red herring prospectus
  • Section 33: Issue of application forms for securities
  • Section 34: Criminal liability for misstatements in prospectus
  • Section 35: Civil liability for misstatements in prospectus.
  • Section 36: Punishment for fraudulently inducing persons to invest money
  • Section 37: Action by affected persons.
  • Section 38: Punishment for personation for acquisition, etc., of securities.
  • Section 39: Allotment of securities by company
  • Section 40: Securities to be dealt with in stock exchanges
  • Section 41: Global depository receipt
  • Section 42: Offer or invitation for subscription of securities on private placement

Chapter IV: Share Capital and Debentures

  • Section 43: Kinds of share capital
  • Section 44: Nature of shares or debentures
  • Section 45: Numbering of shares
  • Section 46: Certificate of shares.
  • Section 47: Voting rights
  • Section 48: Variation of shareholders’ rights
  • Section 49: Calls on shares of same class to be made on uniform basis
  • Section 50: Company to accept unpaid share capital, although not called up.
  • Section 51: Payment of dividend in proportion to amount paidup.
  • Section 52: Application of premiums received on issue of shares.
  • Section 53: Prohibition on issue of shares at discount.
  • Section 54: Issue of sweat equity shares
  • Section 55: Issue and redemption of preference shares.
  • Section 56: Transfer and transmission of securities
  • Section 57: Punishment for personation of shareholder.
  • Section 58: Refusal of registration and appeal against refusal.
  • Section 59: Rectification of register of members.
  • Section 60: Publication of authorised, subscribed and paid-up capital.
  • Section 61: Power of limited company to alter its share capital.
  • Section 62: Further issue of share capital.
  • Section 63: Issue of bonus shares
  • Section 64: Notice to be given to Registrar for alteration of share capital
  • Section 65: Unlimited company to provide for reserve share capital on conversion into limited company.
  • Section 66: Reduction of share capital
  • Section 67: Restrictions on purchase by company or giving of loans by it for purchase of its shares
  • Section 68: Power of company to purchase its own securities
  • Section 69: Transfer of certain sums to capital redemption reserve account.
  • Section 70: Prohibition for buy-back in certain circumstances.
  • Section 71: Debentures.
  • Section 72: Power to nominate

Chapter V: Acceptance of Deposits by companies

  • Section 73: Prohibition on acceptance of deposits from public
  • Section 74: Repayment of deposits, etc., accepted before commencement of this Act.
  • Section 75: Damages for fraud.
  • Section 76: Acceptance of deposits from public by certain companies

Chapter VI: Registration of Charges

  • Section 77: Duty to register charges, etc.
  • Section 78: Application for registration of charge.
  • Section 79: Section 77 to apply in certain matters
  • Section 80: Date of notice of charge
  • Section 81: Register of charges to be kept by Registrar
  • Section 82: Company to report satisfaction of charge.
  • Section 83: Power of Registrar to make entries of satisfaction and release in absence of intimation from company
  • Section 84: Intimation of appointment of receiver or manager.
  • Section 85: Company’s register of charges.
  • Section 86: Punishment for contravention
  • Section 87: Rectification by Central Government in register of charges

Chapters and Sections from the Indian Companies Act, 2013

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