Companies act, 2013
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Transcript of Companies act, 2013
04/15/2023 Presented by Nikunj Parmar 2
Companies Act,2013
Approved Lok sabha given 18th November, 2012
Approval by Rajya sabha given on 8th Augest,2013
Assent by honorable President of India
Notified in the Gazatte of Inidia on 30th August, 2013 as the companies Act, 2013 ( 18 of 2013 )
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Sac 2(20) of companies Act, 2013
According to any company incorporated under this actor under any previous actor under any law
Definition of company
Kinds of Companies
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Private company Public company
Limited company Unlimited company
Holding company Subsidiary company Associate company
Kinds of Companies
size
Liabilities
Control
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Listed company Unlisted company
Foreign company Government Company Non-Profit origination (Charitable object)
Kinds of Companies
Listing of Shareson the stock exchange
Other company
Private company
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“Pvt.com.” i.e. A company having a minimum paid-up share capital of Rs.1 LakhOrSuch higher paid-up capital as may be prescribed, and which by its articles, -i) restricts the right to transfer its share ii) except in case of One Person Company, limit the number of its member to 200
Section 2(68) Definition
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Provided that where 2 or more person hold one or more shares in a company jointly, they shall for the purpose of this clause, be treated as a single member
Provided Further that (A) Persons who are in the employment of the company and (B) Persons who have having been formerly in the
employment of the company, were member of the company while in that employment and have continued to be member after the employment ceased shall not be included in the members and
Section 2(68) Definition
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iii) Prohibits any invitation to the public to subscribe for any securities of the company
Section 2(68) Definition
Public company
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Public company i.e. a company which –a) Is not a private company b) Has minimum capital of Rs. 5 Lakh or such
higher paid up capital as may be prescribedProvided that a company which is a subsidiary of a company, not being a private company, shall be deemed to be a public company for the purposes of this Act even where such subsidiary company continuesto be a private company in its articles.
Sec 2(71) Public company
One person company
It is my company
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Sac 2(62) One person Company i.e. a company which
has one person as a member.
One person company
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Is only private company All provision are applicable equal
One person company
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Small company
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It paid up share capital does not exceed
- Rs 50 lakh or- such higher amount as may be
prescribed (not more then Rs.5 crore)
Its T/o does not exceed- Rs 2 crore or- such higher amount as may be
prescribed (not more then Rs.20 crore)
Small company
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Associate Company
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i.e. in relation to another company
Means , a company in which that other company has significant influence , but
which is not subsidiary company of the company having such influence and includes joint venture company
Associate Company
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Government company
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Sac 2(45) of the companies Act, 2013 i.e. any company a) in which not less than 51% of paid up capital is held
i) Central Govt. orii) State Govt. oriii) Both
b) Which is subsidiary of a Government company
Government company
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