Title : Payment of Dividend in Proportion to Amount Paid
State : Central
Year : 2013
a company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.
View Complete Act List Judgments citing this sectionTitle : Transfer of Certain Sums to Capital Redemption Reserve Account
State : Central
Year : 2013
(1) where a company purchases its own shares out of free reserves or securities premium account, a sum equal to the nominal value of the shares so purchased shall be transferred to the capital redemption reserve account and details of such transfer shall .....
View Complete Act List Judgments citing this sectionTitle : Power to Nominate
State : Central
Year : 2013
(1) every holder of securities of a company may, at any time, nominate, in the prescribed manner, any person to whom his securities shall vest in the event of his death. (2) where the securities of a company are held by more than one person jointly, the .....
View Complete Act List Judgments citing this sectionTitle : Punishment for Contravention
State : Central
Year : 2013
if any company contravenes any provision of this chapter, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to ten lakh rupees and every officer of the company who is in default shall be punishable .....
View Complete Act List Judgments citing this sectionTitle : Return to be filed with Registrar in case promoters' stake changes
State : Central
Year : 2013
every listed company shall file a return in the prescribed form with the registrar with respect to change in the number of shares held by promoters and top ten shareholders of such company, within fifteen days of such change.
View Complete Act List Judgments citing this sectionTitle : Notice of Meeting
State : Central
Year : 2013
(1) a general meeting of a company may be called by giving not less than clear twenty-one days' notice either in writing or through electronic mode in such manner as may be prescribed: provided that a general meeting may be called after giving a shorter .....
View Complete Act List Judgments citing this sectionTitle : Voting Through Electronic Means
State : Central
Year : 2013
the central government may prescribe the class or classes of companies and manner in which a member may exercise his right to vote by the electronic means.
View Complete Act List Judgments citing this sectionTitle : Resolutions Passed at Adjourned Meeting
State : Central
Year : 2013
where a resolution is passed at an adjourned meeting of-- (a) a company; or (b) the holders of any class of shares in a company; or (c) the board of directors of a company, the resolution shall, for all purposes, be treated as having been passed on the .....
View Complete Act List Judgments citing this sectionTitle : Internal Audit
State : Central
Year : 2013
(1) such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the board to conduct internal .....
View Complete Act List Judgments citing this sectionTitle : Auditors to Attend General Meeting
State : Central
Year : 2013
all notices of, and other communications relating to, any general meeting shall be forwarded to the auditor of the company, and the auditor shall, unless otherwise exempted by the company, attend either by himself or through his authorised representative, .....
View Complete Act List Judgments citing this section