Tag: Private Company
Applicability of Secretarial Standards to private companies
From 01 July, 2015, every meetings of Board and committees thereof as well as General meetings need to comply with Secretarial Standards – notified by the Institute of Company Secretaries of India, after approval of the Central Government. It is applicable to all companies incorporated / registered in India. SS-1 on Board meetings can be…
Exemptions to Private companies under Companies Act, 2013 [05 June 2015]
Ministry of Corporate Affairs (‘MCA’) has issued four notifications, all dated 05 June 2015, and thereby granted several exemptions to Private companies, section 8 companies, government companies and nidhi companies. These notifications are issued under section 462 of the Companies Act, 2013 (‘the Act;). This write-up is restricted to exemptions to private companies (notification G.S.R.464…
Section 23 Public offer and private placement.
Chapter III PROSPECTUS AND ALLOTMENT OF SECURITIES [Sections 23 to 42] Provisions of the Companies Act, 2013: Section 23: Public offer and private placement. For this provision, no rules are prescribed the Companies Rules, 2013. [Section 23 (partially) is brought to force with effect from September 12, 2013. Part of provisions, stating applicability of Part…