Company Law
- Abbreviations
- Acceptance of Deposits [Ch. V]
- Accounts of companies [Ch. IX]
- Accounts of companies [Ch. IX]
- Appointment and Remuneration to Managerial Personnel [Ch. XIII]
- Appointment and Remuneration to Managerial Personnel [Ch. XIII]
- Appointment and qualification of directors [Ch. XI]
- Appointment and qualification of directors [Ch. XI]
- Audit and Auditors [Ch. X]
- Buy-back of Securities
- Corporate Social Responsibility [S. 135]
- Declaration and Payment of Dividend [Ch. IX]
- Exemptions to a private company under the Companies Act 2013 - at a glance
- Incorporation of company [Ch. II]
- Incorporation of company [Ch. II]
- Management and Administration [Ch. VII]
- Management and Administration [Ch. VII]
- Miscellaneous
- Miscellaneous
- Powers of the Board [Ch. XII]
- Powers of the Board [Ch. XII]
- Registration of charges [Ch. VI]
- Share capital, Debentures and Issue of securities [Ch. III, IV]
- Share capital, Debentures and Issue of securities [Ch. III, IV]
- Application of premium received on issue of shares [S. 52]
- Debentures [S. 71]
- Dematerialisation of securities [R.9, 9A]
- Issue and Redemption of Preference Shares [S. 55]
- Issue of Sweat Equity Shares [S. 54]
- Kinds of share capital [S. 43] and their voting rights [S. 47(1)]
- Power to purchase its own shares (i.e. buy-back of securities) [S. 68, R. 17]
- Private Placement vis-à-vis Preferential Offer
- Private Placement [S. 42, R.14]
- Prohibition on Issue of shares at Discount [S. 53]
- Publication of Authorised, Subscribed and paid-up capital [S. 60]
- Reduction of share capital [S. 66]
- Restrictions on purchase by the Co or giving of loans by it for purchase of its shares [S. 67]
- Types of Issue of Securities – an overview
- Some of the key SEBI compliances for listed entities
- Some of the key SEBI compliances for listed entities
- Tables
- Tables
- Contents of BoD report [S. 134(3), (3A), (5) & R.8, 8A]
- Criteria under the Co Act 2013 triggering certain compliances – At a Glance
- e Forms to be filed with RoC under Co Act 2013
- Fees to be paid to Registrar of Companies
- Illustrative list of matters requiring Special Resolution as per Co Act 2013
- Illustrative list of punishment for non-compliance/default under Co Act 2013
- Illustrative list of Statutory Registers and other records to be prepared or maintained under Co Act 2013
- Types of companies [Ch. I]
Reopening of FS & Voluntary revision of FS/BoD’s report [Ss. 130, 131]
Sr. No. |
Particulars |
As per NCLT order |
Voluntarily by the Co |
---|---|---|---|
1. |
Governing Section of Co Act, 2013 |
S. 130 |
S. 131 |
2. |
What can be re-opened/revised |
|
Revise FS/BoD’s report |
3. |
Application by |
CG/Income-tax authorities/SEBI/any other statutory regulatory body or authority/any person concerned |
the Co |
4. |
Whom to make an application |
|
|
5. |
Reason for re-opening: |
Not specified |
If it appears to the directors of a Co that— FS/BoD’s report do not comply with the provisions of Ss. 129/134 |
6. |
NCLT to give notice to: |
CG, Income-tax authorities, SEBI, any other statutory regulatory body or authority or any person concerned |
CG & Income-tax authorities |
7. |
Order is made by a court of competent jurisdiction/NCLT |
to the effect that—
|
Not specified |
8. |
Finality/How many times revision possible |
Accounts so revised/re-cast shall be final |
Revised FS/BoD’s report shall not be prepared/filed more than once in a FY |
9. |
Revision confined to: |
Not specified |
Where copies of the previous FS/BoD’s report have been
the revisions must be confined to—
|
10. |
Period of Limitation |
No order shall be made in respect of re-opening relating to a period earlier than 8 FYs immediately preceding the current FY except where CG has issued directions u/s. 128(5) for keeping books of account for > 8 years i.e. in case of investigation order under Ch XIV |
|
11. |
Disclosure |
Not specified |
Detailed reasons for such revision shall also be disclosed in the BoD’s report in the relevant FY in which such revision is being made |