Title : Global Depository Receipt
State : Central
Year : 2013
A company may, after passing a special resolution in its general meeting, issue depository receipts in any foreign country in such manner, and subject to such conditions, as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Nature of Shares or Debentures
State : Central
Year : 2013
The shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company. View Complete Act List Judgments citing this sectionTitle : 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 be disclosed in the balance sheet. (2) The capital redemption reserve account may be applied by the company, in paying up unissued shares of the company to be issued to members of the company as fully paid bonus shares. 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 joint holders may together nominate, in the prescribed manner, any person to whom all the rights in the securities shall vest in the event of death of all the joint holders. (3) Notwithstanding anything contained in any other law for the time being in force or in any disposition, whether testamentary or otherwise, in respect of the securities of a company, where a nomination made in the prescribed manner purports to confer on any person the right to vest the securities of the company, the nominee shall, on the death of the holder of..... 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 with imprisonment for a term which may extend to six months or with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees, or with both. 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 notice if consent is given in writing or by electronic mode by not less than ninety-five per cent. of the members entitled to vote at such meeting. (2) Every notice of a meeting shall specify the place, date, day and the hour of the meeting and shall contain a statement of the business to be transacted at such meeting. (3) The notice of every meeting of the company shall be given to-- (a) every member of the company, legal representative of any deceased member or the assignee of an insolvent member; (b) the auditor or auditors..... 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 date on which it was in fact passed, and shall not be deemed to have been passed on any earlier date. View Complete Act List Judgments citing this section