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Prepared by RSoni
Contents
THE COMPANIES ACT, 2013
An overview of Companies Act 2013( 470 Sections, 7 schedules & 29 chapters)
Comparative study on some of the provisions of Companies Act 1956 and Companies Act 2013
Sr.
No
Particulars
Page No.
I.
Significant changes in Definitions and new inclusions
2-9
II.
Incorporation
9-13
III.
Directors
13-16
IV.
Share capital
16-19
V.
Acceptance of deposits by Companies
19
VI.
Investments
20
VII.
Books of Accounts and Financial Year
20-22
VIII.
Reports
22
IX.
Prospectus, Raising of funds & Allotment
22-23
X.
Utilizing Securities Premium Account
23
XI.
Annual returns and related issues
23-27
XII.
Notices, Meetings, Quorums, Voting, Resolutions, Minutes
27-30
XIII.
Internal Audit
30-31
XIV.
Cost Audit
31-32
XV.
Statutory compliance
32
XVI.
Transfer to reserves
32
XVII.
Dividends
32-33
XVIII.
Auditors
33-38
XIX.
Nomination & Remuneration committee
38
XX.
Prohibitions & Restrictions
38-39
XXI.
Company Secretary
39
XXII.
Investigations
39-40
XXIII.
Corporate Restructuring
41-42
XXIV.
Class action Suits
42
XXV.
Valuations
43
XXVI.
Winding up
43-44
XXVII.
Otherlegal provisions
44-45
XXVIII.
National Financial reporting Authority
45-46
XXIX.
Schedules
46

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Prepared by RSoni
Sr.
Particulars
Companies Act , 1956
New
clauses
.
I. Significant changes in Definitions and New Inclusions.
1
Associate
Company
2(6)
2
Control
For the purposes of this Act , company
shall, subject to the provisions of sub-
section (3),be deemed to be a subsidiary
of another if, but only if,
a) That other controls the composition
of its Board of directors ;or
b) That other-
2(27)

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Contents THE COMPANIES ACT, 2013 An overview of Companies Act 2013( 470 Sections, 7 schedules & 29 chapters) Comparative study on some of the provisions of Companies Act 1956 and Companies Act 2013 Sr. No Particulars Page No. I. Significant changes in Definitions and new inclusions 2-9 II. Incorporation 9-13 III. Directors 13-16 IV. Share capital 16-19 V. Acceptance of deposits by Companies 19 VI. Investments 20 VII. Books of Accounts and Financial Year 20-22 VIII. Reports 22 IX. Prospectus, Raising of funds & Allotment 22-23 X. Utilizing Securities Premium Account 23 XI. Annual returns and related issues 23-27 XII. Notices, Meetings, Quorums, Voting, Resolutions, Minutes 27-30 XIII. Internal Audit 30-31 XIV. Cost Audit 31-32 XV. Statutory compliance 32 XVI. Transfer to reserves 32 XVII. Dividends 32-33 XVIII. Auditors 33-38 XIX. Nomination & Remuneration committee 38 XX. Prohibitions & Restrictions 38-39 XXI. Company Secretary 39 XXII. Investigations 39-40 XXIII. Corporate Restructuring  41-42 XXIV. Class action Suits 42 XXV. Valuations 43 XXVI. Winding up 43-44 XXVII. Otherlegal provisions 44-45 XXVIII. National Financial reporting Authority 45-46 XXIX. Schedules 46 Sr. Particulars Companies Act , 1956 Companies Act, 2013 New clauses. I. Significant changes in Definitions and New Inclusions. 1 Associate Company In relation to another company, means a company in which that other company has a Significant influence, but which Is not a sub ...
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