CHAPTER II: INCORPORATION OF COMPANY AND MATTERS

INCIDENTAL THERETO (Section 3-22)

Section 3: Formation of company

Section 4: Memorandum
Section 5: Articles
Section 6: Act to override memorandum, articles, etc.
Section 7: Incorporation of company
Section 8: Formation of companies with charitable objects, etc.
Section 9: Effect of registration
Section 10: Effect of memorandum and articles
Section 11: Commencement of business, etc.
Section 12: Registered office of company
Section 13: Alteration of memorandum
Section 14: Alteration of articles
Section 15: Alteration of memorandum or articles to be noted in every copy
Section 16: Rectification of name of company
Section 17: Copies of memorandum, articles, etc., to be given to members:
Section 18: Conversion of companies already registered:
Section 19: Subsidiary company not to hold shares in its holding company:
Section 20: Service of documents:
Section 21: Authentication of documents, proceedings and contracts
Section 22: Execution of bills of exchange, etc.

CHAPTER III: PROSPECTUS AND ALLOTMENT OF SECURITIES

(Section 23-42)

Section 23: Public offer and private placement:

Section 24: Power of Securities and Exchange Board to regulate issue
and transfer of securities, etc.
Section 25: Document containing offer of securities for sale to be deemed prospectus:
Section 26: Matters to be stated in prospectus
Section 27: Variation in terms of contract or objects in prospectus
Section 28: Offer of sale of shares by certain members of company
Section 29: Public offer of securities to be in demat form
Section 30: Advertisement of prospectus
Section 31: Shelf prospectus
Section 32: Red herring prospectus
Section 33: Issue of application forms for securities
Section 34: Criminal liability for misstatements in prospectus
Section 35: Civil liability for misstatements in prospectus
Section 36: Punishment for fraudulently inducing persons to invest money
Section 37: Action by affected persons
Section 38 : Punishment for personation for acquisition, etc., of securities
Section 39: Allotment of securities by company
Section 40: Securities to be dealt with in stock exchanges
Section 41: Global depository receipt
Section 42: Offer or invitation for subscription of securities on private placement
CHAPTER IV: SHARE CAPITAL AND DEBENTURES
(Section 43-72)
Section 43: Kinds of share capital
Section 44: Nature of shares or debentures
Section 45: Numbering of shares
Section 46: Certificate of shares
Section 47: Voting rights
Section 48: Variation of shareholders’ rights
Section 49: Calls on shares of same class to be made on uniform basis
Section 50: Company to accept unpaid share capital, although not called up
Section 51: Payment of dividend in proportion to amount paid-up
Section 52: Application of premiums received on issue of shares
Section 53: Prohibition on issue of shares at discount
Section 54: Issue of sweat equity shares
Section 55: Issue and redemption of preference shares
Section 56: Transfer and transmission of securities
Section 57: Punishment for personation of shareholder
Section 58: Refusal of registration and appeal against refusal
Section 59: Rectification of register of members
Section 60: Publication of authorised, subscribed and paid-up capital
Section 61: Power of limited company to alter its share capital
Section 62: Further issue of share capital
Section 63: Issue of bonus shares
Section 64: Notice to be given to Registrar for alteration of share capital
Section 65: Unlimited company to provide for reserve share capital on
conversion into limited company
Section 66: Reduction of share capital
Section 67: Restrictions on purchase by company or giving of loans by it for purchase of its shares
Section 68: Power of company to purchase its own securities
Section 69: Transfer of certain sums to capital redemption reserve account
Section 70: Prohibition for buy-back in certain circumstances
Section 71: Debentures
Section 72: Power to nominate

CHAPTER V: ACCEPTANCE OF DEPOSITS BY COMPANIES

(Section 73-76A)
Section 73: Prohibition on acceptance of deposits from public
Section 74: Repayment of deposits, etc., accepted before commencement of this Act
Section 75: Damages for fraud
Section 76: Acceptance of deposits from public by certain companies
Section 76A: Punishment for contravention of section 73 or section 76

CHAPTER VI: REGISTRATION OF CHARGES (Section 77-87)

Section 77: Duty to register charges, etc.
Section 78: Application for registration of charge
Section 79: Section 77 to apply in certain matters
Section 80: Date of notice of charge
Section 81: Register of charges to be kept by Registrar
Section 82: Company to report satisfaction of charge
Section 83: Power of Registrar to make entries of satisfaction and
release in absence of intimatio’n from company
Section 84: Intimation of appointment of receiver or manager
Section 85: Company’s register of charges
Section 86: Punishment for contravention
Section 87: Rectification by Central Government in register of charges
CHAPTER VII: MANAGEMENT AND ADMINISTRATION
(Section 88-122)
Section 88: Register of members, etc.
Section 89: Declaration in respect of beneficial interest in any share
Section 90: Investigation of beneficial ownership of shares in certain cases
Section 91: Power to close register of members or debenture holders or other security holders
Section 92: Annual return
Section 93: Return to be filed with Registrar in case promoters’ stake changes
Section 94: Place of keeping and inspection of registers, returns, etc.
Section 95: Registers, etc., to be evidence
Section 96: Annual general meeting
Section 97: Power of Tribunal to call annual general meeting
Section 98: Power of Tribunal to call meetings of members, etc.
Section 99: Punishment for default in complying with provisions of sections 96 to 98
Section 100: Calling of extraordinary general meeting
Section 101: Notice of meeting
Section 102: Statement to be annexed to notice
Section 103: Quorum for meetings
Section 104: Chairman of meetings
Section 105: Proxies
Section 106: Restriction on voting rights
Section 107: Voting by show of hands
Section 108: Voting through electronic means
Section 109: Demand for poll
Section 110: Postal ballot
Section 111: Circulation of members’ resolution
Section 112: Representation of President and Governors in meetings
Section 113: Representation of corporations at meeting of companies and of creditors
Section 114: Ordinary and special resolutions
Section 115: Resolutions requiring special notice
Section 116: Resolutions passed at adjourned meeting
Section 117: Resolutions and agreements to be filed
Section 118: Minutes of proceedings of general meeting, meeting of Board of Directors and other
Meeting and resolutions passed by postal ballot
Section 119: Inspection of minute-books of general meeting
Section 120: Maintenance and inspection of documents in electronic form
Section 121: Report on annual general meeting
Section 122: Applicability of this Chapter to One Person Company

CHAPTER VIII: DECLARATION AND PAYMENT OF DIVIDEND

(Section 123-127)
Section 123: Declaration of dividend
Section 124: Unpaid Dividend Account
Section 125: Investor Education and Protection Fund
Section 126: Right to dividend, rights shares and bonus shares to be held in abeyance pending
registration of transfer of shares
Section 127: Punishment for failure to distribute dividends
CHAPTER IX: ACCOUNTS OF COMPANIES (Section 128-138)

Section 128: Books of account, etc., to be kept by company

Section 129: Financial statement
Section 130: Re-opening of accounts on court’s or Tribunal’s orders
Section 131: Voluntary revision of financial statements or Board’s report
Section 132: Constitution of National Financial Reporting Authority
Section 133: Central Government to prescribe accounting standards
Section 134: Financial statement, Board’s report, etc.
Section 135: Corporate Social Responsibility
Section 136: Right of member to copies of audited financial statement
Section 137: Copy of financial statement to be filed with Registrar
Section 138: Internal audit

CHAPTER X: AUDIT AND AUDITORS (Section 139-148)

Section 139: Appointment of auditors

Section 140: Removal, resignation of auditor and giving of special notice
Section 141: Eligibility, qualifications and disqualifications of auditors
Section 142: Remuneration of auditors
Section 143: Powers and duties of auditors and auditing standards
Section 144: Auditor not to render certain services
Section 145: Auditor to sign audit reports, etc.
Section 146: Auditors to attend general meeting
Section 147: Punishment for contravention
Section 148: Central Government to specify audit of items of cost in respect of certain companies
Paper 1
AS 1 : Disclosure of Accounting Policies
AS 2 : Valuation of Inventories
AS 3 : Cash Flow Statements
AS 4 : Contingencies and Events occurring after the Balance Sheet Date
AS 5 : Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 10: Property, Plant and Equipment
AS 11: The Effects of Changes in Foreign Exchange Rates
AS 12: Accounting for Government Grants
AS 13: Accounting for Investments
AS 16: Borrowing Costs
AS 17: Segment Reporting
AS 22: Accounting for Taxes on Income

Paper 5
AS 7 : Construction Contracts
AS 9 : Revenue Recognition
AS 14: Accounting for Amalgamations
AS 18 : Related Party Disclosures
AS 19: Leases
AS 20 : Earnings Per Share
AS 24 : Discontinuing Operations
AS 26 : Intangible Assets
AS 29 : Provisions, Contingent Liabilities and Contingent Assets.