Company Law Procedures & Compliances (In 2 Volumes)

Description

Master corporate compliance with COMPANY LAW PROCEDURES & COMPLIANCES (4th Edition, 2025) by Dr. Sanjeev Gupta. This 2-volume set spans 2880 pages, offering exhaustive guidance on legal procedures, company filings, and regulatory compliance under the Companies Act. ISBN: 978-81-1956-531-3 | Published by Bharat | Now available with a Flat 25% Discount + Free Shipping for a limited period.

CONTENTS AT A GLANCE

Bharat?                                                                                      5

Foreword to the First Edition                                                                       7

Preface to the Fourth Edition                                                                       9

Detailed Contents                                                                                       25

Topical Alphabetically Arranged Index                                                     63

Volume 1

# Referencer

R-1      Exemptions to private companies under section 462 of Companies Act, 2013         3

R-2      Exemptions to Government Companies under section 462 of Companies Act, 2013                                                                                              7

R-3      Exemptions to Nidhis under section 462 of Companies Act, 2013                12

R-4      Exemptions to Section 8 (Non-profit) Companies under section 462 of Companies Act, 2013                                                                                                        15

R-5      Exemption to Specified IFSC Public Company under section 462 of the Companies Act, 2013             18

R-6      Exemption to Specified IFSC Private Company under section 462 of the Companies Act, 2013             24

R-7      Offences Punishable with Fine or Imprisonment or both (Compoundable Offences)           29

R-8      Offences Punishable with Fine and Imprisonment (Non-compoundable)      41

R-9      Offences liable to penalty                                                               46

R-10    Offences compoundable by Regional Director                               63

R-11    Offences compoundable by National Company Law Tribunal (NCLT)        69

R-12    Offences punishable for fraud u/s 447 of the Act                           74

R-13    List of various forms (e-forms and non e-forms) under Companies Act, 2013         77

R-14    Annual Filing and routine event based forms                               102

R-15    Forms/Applications/Documents to be Processed and Examined by Registrar, Central Processing Center (CPC)                                                                                117

R-16    Mode of Processing of e-Forms through STP/Non-STP Mode (Adapted from MCA Portal)                                                                                                      118

R-17    Action Points in Case of Submission of e-Forms, Issuance of Securities by Private Companies, Issuance of Notice of General Meeting and Entry in Register of Members after Issuance/Transfer of Securities where Securities are in Demat Form                       128

R-18    List of Compliances for Unlisted Public Company
on the basis of Paid-Up Capital, Turnover, Borrowings, etc.       130

R-19    List of Compliances for Private Companies on the basis of Paid-Up Capital, Turnover, Borrowings, etc.                                                                            141

R-20    List of Registers, Documents, and Returns to be maintained under the Act  147

R-21    FAQs on New MCA Website (Adapted from MCA21 portal)     152

R-22    V3 FAQs (Adapted from MCA21 portal)                                     156

R-23    Brief on different forms including Mode of Processing and Proposed Enhancement (Adapted from MCA Portal)                                                                         167

R-24    Different users of V3 on MCA                                                     187

R-25    FAQs on Mandatory Demat of Securities by Private Companies 189

R-26    Action points in case of Submission of e-Forms, Issuance of Securities by Private Companies and Issuance of Notice of General Meeting                                 195

# 1 Digital Signature Certificate

1          Procedure to obtain Digital Signature Certificate (DSC)             199

# 2 Director Identification Number (DIN)

2          Procedure to obtain Director Identification Number (DIN)         209

3          Procedure for Change/Updation in particulars of Director
Identification Numbers (DIN)                                                      216

4          Procedure for Annual KYC of Director                                        220

5          Procedure for cancellation or surrender or deactivation
of DIN                                                                                           225

# 3 Incorporation

6          Procedure for incorporation of a private company or public company          247

7          Procedure for incorporation of One Person Company (OPC)      288

8          Procedure for incorporation of Section 8 Company                     314

9          Procedure for registration of Non-Banking Financial Company with the Reserve Bank of India                                                                                                      361

10        Procedure for commencement of business                                   403

11        Filing of Particulars of the Company and Verification of Its Registered Office-by Active Non-Compliant Company                                                                     409

# 4 Directors

12        Procedure for Appointment of First Director/Regularisation of Directors    551

13        Procedure for Re-Appointment of Directors (Retiring by Rotation) in Case of Public Companies                                                                                                      555

14        Procedure for Appointment of a Person other than a Retiring Director as Director in General Meeting                                                                                         559

15        Procedure for Appointment of an Additional Director                567

16        Procedure for Appointment of Alternate Director                       577

17        Procedure for Appointment of Nominee Director                        586

18        Procedure for Appointment of Director in Casual Vacancy        591

19        Procedure for Appointment of a Woman Director                       598

20        Procedure for Appointment of Independent Director                   608

21        Procedure for Re-appointment of an Independent Director         629

22        Procedure for Change in director due to Resignation                  642

23        Procedure for Removal of Director                                              647

# 5 Appointment and Remuneration of
Managing Director and Whole Time Director

24        Procedure for Appointment or Re-Appointment and Remuneration or Increase in Remuneration of Managing Director in Case of Private Limited Company       657

25        Procedure for Appointment or Re-appointment and Remuneration or Increase in Remuneration of Managing Director/Whole-Time Director in Case of Public Company    675

26        Procedure for Change in Designation due to Discontinuation from the Managing/Whole Time Directorship but to continue as Director of the Company            712

 

# 6 Appointment of Company Secretary,
Chief Financial Officer and Chief Executive Officer

27        Appointment of Company Secretary/Chief Financial Officer/Chief Executive Officer        719

# 7 Disclosure of Interest by Directors

28        Procedure for Disclosure of Interest by Director                         733

# 8 Alteration of Memorandum of Association

29        Procedure for change of name of an existing Company              741

30        Procedure for Rectification of Name (Application to the
Central Government)                                                                    757

31        Procedure for Rectification of Name (After Receiving Order from the Central Government)                                                                                                      764

32        Procedure for Shifting of Registered Office under Same Registrar and within Local Limits of the Same Town, Village or City                                                          776

33        Procedure for Shifting of Registered Office within the Same State but outside the Local Limits of City, Town, Village and within the Jurisdiction of the Same Registrar of Companies      781

34        Procedure for Shifting of Registered Office within Same State but from the Jurisdiction of One Registrar of Companies to another Registrar of Companies        789

35        Procedure for Shifting of Registered Office from One State to another State           802

36        Procedure for change in Object Clause                                        840

37        Procedure for alteration in Share Capital Clause                         855

38        Procedure for Consolidation and Division of Share Capital of Company into Shares of a larger amount than its Existing Shares where Voting Percentage of Shareholders will affect         869

39        Procedure for Consolidation and Division of Share Capital of Company into Shares of a larger amount than its Existing Shares where Voting Percentage of Shareholders will not affect   885

40        Procedure for Alteration of the Memorandum of Association as per the Companies Act, 2013                                                                                                      895

 

# 9 Alteration of Articles of Association

41        Procedure for Alteration of Articles of Association                     907

# 10 Conversion of Companies

42        Procedure for Conversion of Private Limited Company into Public Limited Company       923

43        Procedure for Conversion of Public Limited Company into Private Limited Company       941

44        Procedure for Conversion of One Person Company (OPC) into Public Limited/Private Limited Company                                                                                       984

45        Procedure for Conversion of Private Limited Company into One Person Company 997

46        Procedure for Conversion of Private Company or Unlisted Public Company into Limited Liability Partnership (LLP)                                                        1012

47        Procedure for Conversion of a Limited Company into a Company with Charitable Objects {Section 8 (Non-Profit) Company}                                            1032

48        Procedure for Conversion of Section 8 Company into Any Other Kind of Company           1056

# 11 Conversion of Status of Active Company into
Dormant Company and Vice Versa

49        Procedure for Obtaining Status of Active Company as Dormant Company  1087

50        Procedure for Obtaining Status of Dormant Company
as an Active Company                                                                1095

# 12 Increase of Paid-up Share Capital
without Public Offer

51        Procedure for Issue of Shares through Private Placement          1101

52        Procedure for Issue of Shares or Other Securities on Preferential Basis        1134

53        Procedure for Issue of Shares through Rights Issue                   1167

54        Procedure for Issue of Shares through Bonus Issue                   1184

55        Procedure for Issue of Shares under Scheme of Employee Stock Option Plan [ESOP]        1198

56        Procedure for Issue of Sweat Equity Shares                               1219

57        Procedure for Issue of Equity Shares with Differential Rights through Private Placement or Preferential Offer                                                                        1237

58        Procedure for Issue of Preference Shares without Public Offer 1257

# 13 Increase of Paid-up Share Capital with
Public Offer

59        Procedure for Issue of Equity Shares with Public Offer            1279

Volume 2

# 14 Declaration of Beneficial Interest

60        Procedure for Filing of Declaration of Beneficial Interest         1477

61        Procedure for Filing of Declaration In Respect of Significant Beneficial Owners Holding Interest of not less than 10 Per cent                                                         1487

# 15 Issuance of Duplicate Share Certificate

62        Procedure for Issuance of Duplicate Share Certificates             1505

# 16 Debentures

63        Procedure to issue Unsecured Compulsorily Convertible Debentures by a Private Company                                                                                                    1513

64        Procedure to issue Secured Compulsorily Convertible Debentures by Private Company     1529

65        Procedure to issue Secured Non-Convertible Debentures by Private Company        1547

66        Procedure to issue Secured Non-Convertible Debentures through Private Placement by Unlisted Public Limited Company within the Borrowing Limit of the Board 1564

67        Procedure to issue Secured Non-Convertible Debentures through Private Placement by Unlisted Public Limited Company Exceeding the Borrowing Limit of the Board       1581

68        Procedure to issue Secured Compulsorily Convertible Debentures through Private Placement by Unlisted Public
Limited Company within the Borrowing Limit of the Board    1600

69        Procedure to issue Secured Compulsorily Convertible Debentures through Private Placement by Unlisted Public
Limited Company Exceeding the Borrowing Limit of the Board 1618

70        Procedure to issue Unsecured Compulsorily Convertible Debentures through Private Placement by Unlisted Public
Limited Company within the Borrowing Limit of the Board    1636

71        Procedure to issue Unsecured Compulsorily Convertible Debentures through Private Placement by Unlisted Public Limited Company Exceeding the Borrowing Limit of the Board           1652

# 17 Transfer and Transmission of Securities

72        Procedure for Transfer/Transmission of Securities in Physical Mode           1671

# 18 Buy-Back of Securities

73        Procedure if Buy-Back of Shares/other Specified Securities are up to 10% or less than 10% of Equity Paid-up Share Capital and Free Reserves [Section 68]  1689

74        Procedure if Buy-Back of Shares/other Specified Securities
are more than 10% but upto 25% of Equity Paid-up Share Capital and Free Reserves         1704

# 19 Appointment of Auditors

75        Procedure for Appointment of First Auditor in a Company Including Government Company                                                                                                    1727

76        Procedure for Appointment of Subsequent Auditor/Re-Appointment of the Retiring Auditor                                                                                                    1744

77        Procedure Regarding Acceptance of Resignation of Auditor     1758

78        Procedure to fill the casual Vacancy Caused by Resignation of an Auditor   1761

79        Procedure for Appointment of Internal Auditor                         1771

80        Procedure for Appointment of Cost Auditor                              1777

81        Procedure for the Appointment of Secretarial Auditor               1791

82        Procedure for Appointment of Auditor other than Retiring Auditor 1804

83        Procedure for Removal of Auditor before the expiry of his term 1813

# 20 Borrowings

84        Procedure for Borrowing Money by Public Company Exceeding Aggregate of Its Paid-Up Share Capital, Free Reserves and Securities Premium                         1827

# 21 Registration of Charges
(Creation, Modification or Satisfaction)

85        Procedure for Creation/Modification of Charges                       1845

86        Procedure for Satisfaction of Charge                                         1853

87        Procedure for Condonation of Delay for Registration of Satisfaction of Charges by Central Government (Regional Director)                                                1858

# 22 Loan from Directors or Relatives of Directors

88        Procedure For Obtaining Unsecured Loan From Director or Director’s Relative in Private Limited Company                                                                       1867

89        Procedure For Obtaining Unsecured Loan from Director in Public Limited Company if Loan from Director, Together with amount already Borrowed as Loan, is Equivalent to or Less than the Aggregate of Paid-up Share Capital, Free Reserves and Security Premium of the Company                                                                                                    1873

90        Procedure for Obtaining Unsecured Loan from Director in Public Limited Company if Loan From Director together with amount already Borrowed as Loan is exceeding the Aggregate of Paid-Up Share Capital, Free Reserves and Securities Premium of the Company      1879

# 23 To Sell, Lease or otherwise Dispose off the
Whole or Substantially the Whole of the
Undertaking by a Public Limited Company

91        Procedure for Selling, Leasing or Otherwise Disposing Off the Whole or Substantially the Whole of the Undertaking by a Public Limited Company                     1891

# 24 Related Party Transactions

92        Procedure for Related Party Transaction permissible through Board Resolution      1901

93        Procedure For Related Party Transactions permissible through Member’s Resolution         1911

# 25 Acceptance of Deposits

94        Situation I: Procedure for Acceptance of Unsecured Deposits by Private Limited Company from Its Members Upto 100% of Aggregate of Paid-Up Share Capital, Free Reserves And Securities Premium Account                                                                       1931

95        Situation II: Procedure for Acceptance of Secured Deposits by Private Limited Company from Its Members Upto 100% of Aggregate of Paid-Up Share Capital, Free Reserves and Securities Premium Account                                                                       1941

 

96        Situation III: Procedure for Acceptance of Unsecured Deposits by Specified Private Company from its Members without any Limit                                          1954

97        Situation IV: Procedure for Acceptance of Secured Deposits by Specified Private Company from its Members without any Limit                                                  1964

98        Situation V: Procedure for Acceptance of Unsecured Deposits by Non-Eligible Public Company from its Members upto 35% of the Aggregate of Paid-Up Share Capital, Free Reserves and Securities Premium Account                                                      1978

99        Situation VI: Procedure for Acceptance of Secured Deposits by Non-Eligible Public Company from its Members upto 35% of the Aggregate of Paid-Up Capital and Free Reserves and Securities Premium Account                                                      1996

100      Situation VII: Procedure for Acceptance of Unsecured Deposits by Eligible Company from its Members upto 10% of Aggregate of Paid-Up Share Capital, Free Reserves
and Securities Premium Account and from Public Upto 25% of the Paid-Up Share Capital, Free Reserves and
Securities Premium Account                                                      2016

101      Situation VIII: Procedure for Acceptance of Secured Deposits by Eligible Company from its Members up to 10% of Aggregate of Paid-Up Share Capital, Free Reserves and Securities Premium Amount and from Public Company up to 25% of the Paid-Up Share Capital and Free Reserves                                                                                      2033

102      Procedure for Repayment of Pre-Mature Deposits                    2053

103      Procedure for Filing Return in Respect of Transactions not considered as Deposit  2056

# 26 Declaration and Payment of Dividend

104      Procedure for payment of Interim Dividend                              2067

105      Procedure for payment of Final Dividend                                  2079

# 27 Loan to Directors, etc. of a Public Company

106      Procedure to Give Loan to Managing Director or Whole-Time Director or Any Person In Whom Director is Interested                                                                  2099

# 28 Corporate Social Responsibility

107      Corporate Social Responsibility (CSR)                                      2113

# 29 Inter Corporate Loan, Investment and Guarantee

108      Procedure for Loan, Investment, Guarantee or Investment in the Securities of any Body Corporate, etc. if the limit is upto 60% of the Paid-up Share Capital, Free Reserves and Securities Premium Amount or 100% of the Free Reserves and Securities Premium Amount, whichever is more                                                                                            2169

109      Procedure for Loan, Investment, Guarantee or Investment in the Securities of any Body Corporate etc. if the limit is exceeding 60% of the Paid-up Share Capital, Free Reserves and Securities Premium Amount or 100% of the Free Reserves and Securities Premium Amount, whichever is more                                                                       2177

# 30 Board Meetings and Passing of Resolutions

110      Conducting Board Meeting and Procedure for Passing of Board Resolution by Physical Presence and by Audio-Visual Means and Minutes of Board Meeting     2191

111       Procedure for Passing Board Resolution by Circulation            2208

# 31 Conducting of Annual General Meeting/General Meeting and Procedure for Passing of Member’s Resolution Annual General Meeting/General Meeting and Filing of Documents related to Annual General Meeting

112      Procedure to Call Annual General Meeting/Extra-Ordinary General Meeting and Filing of Documents and Returns Related to Annual General Meeting    2219

113      Procedure for passing of Resolution(s) through E-Voting         2294

114      Procedure for passing of Resolution(s) through Postal Ballot   2303

# 32 Different Committees and their Workings
under the Companies Act, 2013

115      Constitution of Corporate Social Responsibility Committee and Workings of Corporate Social Responsibility Committee                                                          2311

116      Constitution of Audit Committee/Nomination and Remuneration Committee and Stakeholders Relationship Committee and Their Workings                            2332

# 33 Maintenance of Books of Accounts and Keeping them either at the Registered Office or such other Place

117      Procedure for Keeping Books of Accounts at a Place Other than the Registered Office of the Company                                                                                     2361

# 34 Registers/Documents/Returns to be
Maintained by Every Company

118      Registers/Documents/Returns/Books of Accounts to be kept and maintained by every company                                                                                                    2369

# 35 Condonation of Delay in Filing of Various
Forms Other than in Case of Charges

119      Procedure for Condonation of Delay in Filing of Various Forms 2397

# 36 Contribution to Charitable Funds

120      Procedure for Contribution to bona fide Charitable Funds If the Aggregate Amount of Contribution is upto 5% of Its Average Profit for the three Immediately Preceding Financial Years                                                                                           2407

121      Procedure for Contribution to bona fide Charitable Funds if the Aggregate Amount of Contribution is more than 5%
of its Average Profit for the three Immediately
Preceding Financial Years                                                          2410

# 37 Contribution to Political Parties

122      Procedure to Make Contribution to Political Parties                  2417

# 38 Company Capable of Being Registered
under the Companies Act, 2013

123      Procedure for Registration of Partnership Firm/Society/ Trust, etc., as a Company Limited by shares or limited by guarantee under the Act                             2423

# 39 Striking Off of Name of a Company

124      Procedure for Striking Off of Name of an Eligible Company    2467

# 40 Fraud and Offences Punishable for
Fraud under the Companies Act, 2013

125      Concept of Fraud and Offences Punishable for Fraud under the Companies Act, 2013       2493

# 41 Marking of e-Form as Defective

126      Marking of E-Form as Defective by the Registrar of Companies on Request of a Company and Authorised Person                                                                      2515

# 42 Compounding of Offences

127      Procedure for Compounding of Offences by National Company Law Tribunal        2523

128      Procedure for Compounding of Offences by Regional Director, Ministry of Corporate Affairs                                                                                                    2546

# 43 Adjudication of Penalties

129      Adjudication of Penalties                                                           2573

# 44 Micro and Small Enterprises Suppliers

130      Furnishing of Information by Specified Companies about Outstanding Payment to Micro and Small Enterprise Suppliers                                                         2605

APPENDICES

Appendix 1       Schedule IV: Code for Independent Directors             2613

Appendix 2       Schedule V: Part I: Conditions to be fulfilled for the appointment of a managing or whole-time director or a manager without the approval of the Central Government                                                                               2617

Part II: Remuneration                                                  2618

Part III: Provisions applicable to Parts I and II of this Schedule     2626

Part IV: Exemption                                                      2626

Appendix 3       Schedule VI: Infrastructural projects/facilities — Scope of            2627

Appendix 4       Schedule VII: Activities which may be included by Companies in their Corporate Social Responsibility Policies                               2629

Appendix 5       SS-1: Secretarial Standard on Meetings of the Board of Directors 2632

Appendix 6       SS-2: Secretarial Standard on General Meetings        2652

Appendix 7       SS-3: Secretarial Standard on Dividend                      2682

Additional information

Publisher	Bharat