Report of the Company Law Committee II доклад по теме Экономика и Финансы

Доклад раскрывает тему "Report of the Company Law Committee II".
Презентация поможет подготовится к предмету Экономика и Финансы, может быть полезна как ученикам и студентам, так и преподавателям.
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Allowing incorporation of companies without specific object clause;
Allowing incorporation of companies without specific object clause;
Raising money through private placement without regulatory oversight and just by filing return of allotment;
Allowing six months remedial period when minimum membership of a company falls below the prescribed minimum level;
Allowing authentication of documents by any employee of the company authorised by the Board;
Complexity involved in the preparation of prospectus arising out of dual compliance of company law and SEBI requirements is removed by elimination company law requirements - Matters to be stated in the prospectus and reports to be included therein shall be as per the SEBI Guidelines to be developed in consultation with the Central Government;
Sweat equity can be issued without waiting for one year : Time lag of one year from the commencement of business for the purpose of sweat equity issue is proposed to be omitted ;
Issue of shares at a discount has been permitted in case statutory resolution plan or debt restructuring scheme as per the Guidelines or regulations of the Reserve Bank of India;
Norms of raising deposit has been simplified by reducing the level of deposit repayment reserve, and elimination of deposit insurance;
Allowing incorporation of companies without specific object clause; Allowing incorporation of companies without specific object clause; Raising money through private placement without regulatory oversight and just by filing return of allotment; Allowing six months remedial period when minimum membership of a company falls below the prescribed minimum level; Allowing authentication of documents by any employee of the company authorised by the Board; Complexity involved in the preparation of prospectus arising out of dual compliance of company law and SEBI requirements is removed by elimination company law requirements - Matters to be stated in the prospectus and reports to be included therein shall be as per the SEBI Guidelines to be developed in consultation with the Central Government; Sweat equity can be issued without waiting for one year : Time lag of one year from the commencement of business for the purpose of sweat equity issue is proposed to be omitted ; Issue of shares at a discount has been permitted in case statutory resolution plan or debt restructuring scheme as per the Guidelines or regulations of the Reserve Bank of India; Norms of raising deposit has been simplified by reducing the level of deposit repayment reserve, and elimination of deposit insurance;
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Extending the time limit for repayment of deposit raised prior to the commencement of the relevant provisions of the Act ;
Extending the time limit for repayment of deposit raised prior to the commencement of the relevant provisions of the Act ;
Introducing timeframe for filing satisfaction of charge;
Introducing register of beneficial owners - the proposed provisions of the amended section 90 detail out the related requirements ;
Convening extra-ordinary general meeting at a shorter notice of period of less than 21 days based on approval of 95% of the members eligible to vote as against 95% members eligible to attend;
Provision for simplified annual return for one person company and small company , and minor simplification for other companies;
Allowing unlisted company to hold annual general meeting at any place within India on approval of all members;
Also the Ministry of Corporate Affairs has notified Companies ( Share Capital and Debentures) Amendment Rules 2016 on 10th March 2016 and Companies (Incorporation) Second Amendment Rules, 2016 on 23 March 2016.
Among the unfinished agenda , the constitution of NCLT and NCLAT are at the advanced stage. The Ministry has also issued creditor -oriented draft Rules with respect to revival and rehabilitation of sick companies on 2nd March,2016.
In this article , we shall review various issues covered in the Companies (Amendment) Bill 2017 and amended Rules vis à vis the Company Law Committee Report ( CLCR).
Extending the time limit for repayment of deposit raised prior to the commencement of the relevant provisions of the Act ; Extending the time limit for repayment of deposit raised prior to the commencement of the relevant provisions of the Act ; Introducing timeframe for filing satisfaction of charge; Introducing register of beneficial owners - the proposed provisions of the amended section 90 detail out the related requirements ; Convening extra-ordinary general meeting at a shorter notice of period of less than 21 days based on approval of 95% of the members eligible to vote as against 95% members eligible to attend; Provision for simplified annual return for one person company and small company , and minor simplification for other companies; Allowing unlisted company to hold annual general meeting at any place within India on approval of all members; Also the Ministry of Corporate Affairs has notified Companies ( Share Capital and Debentures) Amendment Rules 2016 on 10th March 2016 and Companies (Incorporation) Second Amendment Rules, 2016 on 23 March 2016. Among the unfinished agenda , the constitution of NCLT and NCLAT are at the advanced stage. The Ministry has also issued creditor -oriented draft Rules with respect to revival and rehabilitation of sick companies on 2nd March,2016. In this article , we shall review various issues covered in the Companies (Amendment) Bill 2017 and amended Rules vis à vis the Company Law Committee Report ( CLCR).
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