About the Book In India, the Companies are managed by the directors who are collectively called as "the Board of Directors". The concept of Corporate Governance has brought drastic changes in the composition of Board of Directors, which has introduced few new categories of directors such as Independent Directors, Woman Directors, Resident Directors etc. This book covers a detailed discussion on duties of directors to aid the readers in understanding the nitty-gritties of all the relevant provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standards in a simple and easy to refer format. The intention is to provide an idea about the provisions and responsibilities of the persons who are working in the capacity of directors as well as who are proposed to get appointed as such. It is divided into various chapters providing an exhaustive write up on various provisions relating to directors starting from the eligibility of a person to get appointed as a director in the company till the liabilities of a person as a director under the liquidation and winding up of a company. The book also provides the necessary assistance to the persons who are helping the directors in execution of their functions and gives a practical perspective on the provisions relating to acquisition of Director Identification Number (DIN)/Digital Signature Certificate (DSC), eligibility, kinds of directors, committees of directors, meetings of directors, remuneration etc. It also covers the provisions and treatment of various transactions in relation to directors such as accepting of loans, granting loans to directors, related party transactions in between the company and the directors, various documents, including Board's Report & registers to be signed by the directors etc. Key Features Comprehensive coverage of provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Revised Secretarial Standards impacting the directors. Analysis of the elementary provisions of law relating to directors. Novel provisions relating to Independent Directors, Woman directors, Resident directors, CSR etc. Comprehensive list of offences, punishments and legal recourse available to the directors. Checklists and important points at relevant places to provide a quick guidance of the provisions. Covers the provisions and impact of the revised Secretarial Standards on Meetings of the Board of Directors (SS1) Issued by ICSI, to be effective from 1 October 2017.
About the Book This book is a one-stop comprehensive referencer and is a must have for conducting Secretarial Audits and Annual Return Certification. The Audit checklists included in the book are flexible enough to be tailored to suit the need of any voluntary audit for all types of companies. The primary aim of the book is to serve the need of a Company Secretary in practice conducting all these audits. However, the book is also useful for the auditee listed or public companies along with the private companies to ensure that they are in full compliance with the law and ready to face any audit or regulatory action. A Company Secretary employed in any company may use this book as a guide to effectively discharge his duties under the section 205 of the Companies Act, 2013 or implement systems in his organisation. Key Highlights Contains ready-to-use and easy-to-use tabular format for Audit checklists for conducting following Audits of Listed/ Unlisted Public/ Private Companies: – Annual Return Certification. – Secretarial Audit under section 204 of the Companies Act, 2013. – Audit report and Compliance Report as per Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Covers the applicable provisions of: – the Companies Act, 2013, – the Securities and Exchange Board of India Act,1992, – the Foreign Exchange Management Act, 1999, – the Securities Contracts (Regulation) Act, 1956, and – the Depositories Act, 1996. together with the rules and regulations relevant for the audit purpose. Contains Annual Compliance Calendar for all companies as well as Periodic Returns for NBFCs. Contains ancillary audit documents like Balance Sheet Scrutiny form, Lists of documents required for conducting Audits, Format of Management Representation Letter. Includes list of industry-wise applicable laws.
About the book The book is an overview of the provisions of the amendments to the Companies Act, 2013 made by the Companies (Amendment) Act, 2017. The Companies Amendment Bill, 2017 was passed by the Lok Sabha on 27th July, 2017 and the Rajya Sabha (without any modifications) on 19th December, 2017, followed by the President's assent on 3rd January, 2018. This First edition of e-book provides a quick overview to the readers about the changes in the provisions and covers the impact of these amendments on the Producer Companies. Key Features · Interpretational Guide on reading the Amendment Act. · The text of the Sections of the Companies (Amendment) Act, 2017. · The text of the Original Sections of the Companies Act, 2013. · The text of the New Sections of the Companies Act, after giving effect of the amendments. · A brief analysis of the changes occurring due to the amendments and their impact on other provisions of the Act, wherever necessary. · An Impact of the amendments on the Producer Companies.
About the book The book is an overview of the provisions of the amendments to the Companies Act, 2013 made by the Companies (Amendment) Act, 2017. The Companies Amendment Bill, 2017 was passed by the Lok Sabha on 27th July, 2017 and the Rajya Sabha (without any modifications) on 19th December, 2017, followed by the President's assent on 3rd January, 2018. This First edition of e-book provides a quick overview to the readers about the changes in the provisions and covers the impact of these amendments on the Producer Companies. Key Features · Interpretational Guide on reading the Amendment Act. · The text of the Sections of the Companies (Amendment) Act, 2017. · The text of the Original Sections of the Companies Act, 2013. · The text of the New Sections of the Companies Act, after giving effect of the amendments. · A brief analysis of the changes occurring due to the amendments and their impact on other provisions of the Act, wherever necessary. · An Impact of the amendments on the Producer Companies.
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