{"id":63093,"date":"2018-06-18T15:45:14","date_gmt":"2018-06-18T10:15:14","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?p=63093"},"modified":"2024-04-12T14:21:34","modified_gmt":"2024-04-12T08:51:34","slug":"certified-company-law-professional","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/certified-company-law-professional\/","title":{"rendered":"Certified Company Law Professional"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"400\" src=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional.png\" alt=\"Company Law Professional Tutorials\" class=\"wp-image-87468\" srcset=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional.png 750w, https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional-300x160.png 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure><\/div>\n\n\n\n<p>When we think of a company, we think of a business. Business is a systematized sequence of dealings. There is no need for a specific law that can tell anyone how to meet up and accomplish dealings. The law of corporations helps to make sure that deals are accomplished and that people are benefited from the business. Vskills <a href=\"https:\/\/www.vskills.in\/certification\/company-law-certification\" target=\"_blank\" rel=\"noreferrer noopener\">Certified Company Law Professional<\/a> exam evaluates lawyers on their knowledge in the different sections in the company law.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Roles of a Certified Company Law Professional<\/strong><\/h4>\n\n\n\n<p>Following are the Duties of a Company Law Professional &#8211;<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>To take care of legal matters of the firm .<\/li><li>To allot securities private placement, share capital debentures, dividend payment to the members<\/li><li>To organise board meetings<\/li><li>To inspect and inquire about the investing companies<\/li><li>To wind up national company law Tribunal and appellate authority<\/li><\/ol>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Why become a Certified Company Law Professional?<\/strong><\/h4>\n\n\n\n<p>Firms that are into law or legal operations are looking for highly skilled Company Law Professionals. Law departments of both public and private sectors also require law professionals. This certification will open doors to increase visibility for better opportunities and will help candidates grab higher paying employment opportunities. Also, Vskills being India\u2019s largest certification provider gives candidates access to top exams as well as provides after exam benefits. This includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\" id=\"block-ba969c82-932d-4250-a904-6572a56251ee\"><li>The certifications will have a&nbsp;<strong>Government verification tag.<\/strong><\/li><li>The Certification is&nbsp;<strong>valid for life.<\/strong><\/li><li>Candidates will get&nbsp;<strong>lifelong e-learning access.<\/strong><\/li><li>Access to&nbsp;<strong>free Practice Tests.<\/strong><\/li><li>Candidates will get tagged as&nbsp;<strong>\u2018Vskills Certified\u2019<\/strong>&nbsp;On Monsterindia.com and&nbsp;Shine.com.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Exam Details<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Exam Duration:<\/strong>&nbsp;60 minutes<\/li><li><strong>Vskills Exam Code:<\/strong>&nbsp;VS-1149<\/li><li><strong>Number&nbsp; of questions:<\/strong>&nbsp;50<\/li><li><strong>Maximum marks:<\/strong>&nbsp;50<\/li><li><strong>Passing marks:<\/strong>&nbsp;25 (50%)<\/li><li><strong>Exam Mode: Online<\/strong><\/li><li>There is&nbsp;<strong>NO negative marking<\/strong>&nbsp;in this module.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Course Details<\/strong><\/h4>\n\n\n\n<p><span class=\"vsc-cn\" style=\"text-align: center;\"><span style=\"color: red;\">Certify and Increase Opportunity.<\/span><br><span style=\"color: green;\">Be <\/span><br><a href=\"https:\/\/www.vskills.in\/certification\/legal\/company-law-certification\">Govt. Certified Company Law Professional<\/a><\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Basics<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Short title, extent, commencement and application<\/span><\/li><li><span style=\"color: #000000;\">Definitions<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Incidental Thereto<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Formation of company<\/span><\/li><li><span style=\"color: #000000;\">Memorandum<\/span><\/li><li><span style=\"color: #000000;\">Articles<\/span><\/li><li><span style=\"color: #000000;\">Act to override memorandum, articles, etc<\/span><\/li><li><span style=\"color: #000000;\">Incorporation of company<\/span><\/li><li><span style=\"color: #000000;\">Formation of companies with charitable objects, etc<\/span><\/li><li><span style=\"color: #000000;\">Effect of registration<\/span><\/li><li><span style=\"color: #000000;\">Effect of memorandum and articles<\/span><\/li><li><span style=\"color: #000000;\">Commencement of business, etc<\/span><\/li><li><span style=\"color: #000000;\">Registered office of company<\/span><\/li><li><span style=\"color: #000000;\">Alteration of memorandum<\/span><\/li><li><span style=\"color: #000000;\">Alteration of articles<\/span><\/li><li><span style=\"color: #000000;\">Alteration of memorandum or articles to be noted in every copy<\/span><\/li><li><span style=\"color: #000000;\">Rectification of name of company<\/span><\/li><li><span style=\"color: #000000;\">Copies of memorandum, articles, etc, to be given to members<\/span><\/li><li><span style=\"color: #000000;\">Conversion of companies already registered<\/span><\/li><li><span style=\"color: #000000;\">Subsidiary company not to hold shares in its holding company<\/span><\/li><li><span style=\"color: #000000;\">Service of documents<\/span><\/li><li><span style=\"color: #000000;\">Authentication of documents, proceedings and contracts<\/span><\/li><li><span style=\"color: #000000;\">Execution of bills of exchange, etc<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Prospectus and Allotment Of Securities<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Public offer and private placement<\/span><\/li><li><span style=\"color: #000000;\">Power of Securities and Exchange Board<\/span><\/li><li><span style=\"color: #000000;\">Document containing offer of securities for sale to be deemed prospectus<\/span><\/li><li><span style=\"color: #000000;\">Matters to be stated in prospectus<\/span><\/li><li><span style=\"color: #000000;\">Variation in terms of contract or objects in prospectus<\/span><\/li><li><span style=\"color: #000000;\">Offer of sale of shares by certain members of company<\/span><\/li><li><span style=\"color: #000000;\">Public offer of securities to be in dematerialized form<\/span><\/li><li><span style=\"color: #000000;\">Advertisement of prospectus<\/span><\/li><li><span style=\"color: #000000;\">Shelf prospectus<\/span><\/li><li><span style=\"color: #000000;\">Red herring prospectus<\/span><\/li><li><span style=\"color: #000000;\">Issue of application forms for securities<\/span><\/li><li><span style=\"color: #000000;\">Criminal liability for misstatements in prospectus<\/span><\/li><li><span style=\"color: #000000;\">Civil liability for misstatements in prospectus<\/span><\/li><li><span style=\"color: #000000;\">Punishment for fraudulently inducing persons to invest money<\/span><\/li><li><span style=\"color: #000000;\">Action by affected persons<\/span><\/li><li><span style=\"color: #000000;\">Punishment for impersonation for acquisition, etc, of securities<\/span><\/li><li><span style=\"color: #000000;\">Allotment of securities by company<\/span><\/li><li><span style=\"color: #000000;\">Securities to be dealt with in stock exchanges<\/span><\/li><li><span style=\"color: #000000;\">Global depository receipt<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Private Placement<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Offer or invitation for subscription of securities on private placement<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Share Capital and Debentures<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Kinds of share capital<\/span><\/li><li><span style=\"color: #000000;\">Nature of shares or debentures<\/span><\/li><li><span style=\"color: #000000;\">Numbering of shares<\/span><\/li><li><span style=\"color: #000000;\">Certificate of shares<\/span><\/li><li><span style=\"color: #000000;\">Voting rights<\/span><\/li><li><span style=\"color: #000000;\">Variation of shareholders&#8217; rights<\/span><\/li><li><span style=\"color: #000000;\">Calls on shares of same class to be made on uniform basis<\/span><\/li><li><span style=\"color: #000000;\">Company to accept unpaid share capital, although not called up<\/span><\/li><li><span style=\"color: #000000;\">Payment of dividend in proportion to amount paid-up<\/span><\/li><li><span style=\"color: #000000;\">Application of premiums received on issue of shares<\/span><\/li><li><span style=\"color: #000000;\">Prohibition on issue of shares at discount<\/span><\/li><li><span style=\"color: #000000;\">Issue of sweat equity shares<\/span><\/li><li><span style=\"color: #000000;\">Issue and redemption of preference shares<\/span><\/li><li><span style=\"color: #000000;\">Transfer and transmission of securities<\/span><\/li><li><span style=\"color: #000000;\">Punishment for impersonation of shareholder<\/span><\/li><li><span style=\"color: #000000;\">Refusal of registration and appeal against refusal<\/span><\/li><li><span style=\"color: #000000;\">Rectification of register of members<\/span><\/li><li><span style=\"color: #000000;\">Publication of authorized, subscribed and paid-up capital<\/span><\/li><li><span style=\"color: #000000;\">Power of limited company to alter its share capital<\/span><\/li><li><span style=\"color: #000000;\">Further issue of share capital<\/span><\/li><li><span style=\"color: #000000;\">Issue of bonus shares<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Section<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Notice to be given to Registrar for alteration of share capital<\/span><\/li><li><span style=\"color: #000000;\">Unlimited company to provide for reserve share capital on conversion into limited company<\/span><\/li><li><span style=\"color: #000000;\">Reduction of share capital<\/span><\/li><li><span style=\"color: #000000;\">Restrictions on purchase by company or giving of loans by it for purchase of its shares<\/span><\/li><li><span style=\"color: #000000;\">Power of company to purchase its own securities<\/span><\/li><li><span style=\"color: #000000;\">Transfer of certain sums to capital redemption reserve account<\/span><\/li><li><span style=\"color: #000000;\">Prohibition for buy-back in certain circumstances<\/span><\/li><li><span style=\"color: #000000;\">Debentures<\/span><\/li><li><span style=\"color: #000000;\">Power to nominate<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Acceptance Of Deposits By Companies<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Prohibition on acceptance of deposits from public<\/span><\/li><li><span style=\"color: #000000;\">Repayment of deposits, etc, accepted before commencement of this Act<\/span><\/li><li><span style=\"color: #000000;\">Damages for fraud<\/span><\/li><li><span style=\"color: #000000;\">Acceptance of deposits from public by certain companies<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Registration Of Charges<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Duty to register charges, etc<\/span><\/li><li><span style=\"color: #000000;\">Application for registration of charge<\/span><\/li><li><span style=\"color: #000000;\">Section to apply in certain matters<\/span><\/li><li><span style=\"color: #000000;\">Date of notice of charge<\/span><\/li><li><span style=\"color: #000000;\">Register of charges to be kept by Registrar<\/span><\/li><li><span style=\"color: #000000;\">Company to report satisfaction of charge<\/span><\/li><li><span style=\"color: #000000;\">Power of Registrar to make entries of satisfaction and release in absence of intimation from company<\/span><\/li><li><span style=\"color: #000000;\">Intimation of appointment of receiver or manager<\/span><\/li><li><span style=\"color: #000000;\">Company&#8217;s register of charges<\/span><\/li><li><span style=\"color: #000000;\">Punishment for contravention<\/span><\/li><li><span style=\"color: #000000;\">Rectification by Central Government in register of charges<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Management and Administration<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Register of members, etc<\/span><\/li><li><span style=\"color: #000000;\">Declaration in respect of beneficial interest in any share<\/span><\/li><li><span style=\"color: #000000;\">Investigation of beneficial ownership of shares in certain cases<\/span><\/li><li><span style=\"color: #000000;\">Power to close register of members or debenture holders or other security holders<\/span><\/li><li><span style=\"color: #000000;\">Annual return<\/span><\/li><li><span style=\"color: #000000;\">Return to be filed with Registrar in case promoters&#8217; stake changes<\/span><\/li><li><span style=\"color: #000000;\">Place of keeping and inspection of registers, returns, etc<\/span><\/li><li><span style=\"color: #000000;\">Registers, etc, to be evidence<\/span><\/li><li><span style=\"color: #000000;\">Annual general meeting<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to call annual general meeting<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to call meetings of members, etc<\/span><\/li><li><span style=\"color: #000000;\">Punishment for default in complying with provisions of sections to<\/span><\/li><li><span style=\"color: #000000;\">Calling of extraordinary general meeting<\/span><\/li><li><span style=\"color: #000000;\">Notice of meeting<\/span><\/li><li><span style=\"color: #000000;\">Statement to be annexed to notice<\/span><\/li><li><span style=\"color: #000000;\">Quorum for meetings<\/span><\/li><li><span style=\"color: #000000;\">Chairman of meetings<\/span><\/li><li><span style=\"color: #000000;\">Proxies<\/span><\/li><li><span style=\"color: #000000;\">Restriction on voting rights<\/span><\/li><li><span style=\"color: #000000;\">Voting by show of hands<\/span><\/li><li><span style=\"color: #000000;\">Voting through electronic means<\/span><\/li><li><span style=\"color: #000000;\">Demand for poll<\/span><\/li><li><span style=\"color: #000000;\">Postal ballot<\/span><\/li><li><span style=\"color: #000000;\">Circulation of members&#8217; resolution<\/span><\/li><li><span style=\"color: #000000;\">Representation of President and Governors in meetings<\/span><\/li><li><span style=\"color: #000000;\">Representation of corporations at meeting of companies and of creditors<\/span><\/li><li><span style=\"color: #000000;\">Ordinary and special resolutions<\/span><\/li><li><span style=\"color: #000000;\">Resolutions requiring special notice<\/span><\/li><li><span style=\"color: #000000;\">Resolutions passed at adjourned meeting<\/span><\/li><li><span style=\"color: #000000;\">Resolutions and agreements to be filed<\/span><\/li><li><span style=\"color: #000000;\">Minutes of proceedings of general meeting, meeting of Board of Directors and other<\/span><\/li><li><span style=\"color: #000000;\">meeting and resolutions passed by postal ballot<\/span><\/li><li><span style=\"color: #000000;\">Inspection of minute-books of general meeting<\/span><\/li><li><span style=\"color: #000000;\">Maintenance and inspection of documents in electronic form<\/span><\/li><li><span style=\"color: #000000;\">Report on annual general meeting<\/span><\/li><li><span style=\"color: #000000;\">Applicability of this Chapter to One Person Company<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Declaration and Payment Of Dividend<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Declaration of dividend<\/span><\/li><li><span style=\"color: #000000;\">Unpaid Dividend Account<\/span><\/li><li><span style=\"color: #000000;\">Investor Education and Protection Fund<\/span><\/li><li><span style=\"color: #000000;\">Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares<\/span><\/li><li><span style=\"color: #000000;\">Punishment for failure to distribute dividends<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Accounts Of Companies<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Books of account, etc, to be kept by company<\/span><\/li><li><span style=\"color: #000000;\">Financial statement<\/span><\/li><li><span style=\"color: #000000;\">Re-opening of accounts on court&#8217;s or Tribunal&#8217;s orders<\/span><\/li><li><span style=\"color: #000000;\">Voluntary revision of financial statements or Board\u2019s report<\/span><\/li><li><span style=\"color: #000000;\">Constitution of National Financial Reporting Authority<\/span><\/li><li><span style=\"color: #000000;\">Central Government to prescribe accounting standards<\/span><\/li><li><span style=\"color: #000000;\">Financial Statement, Board&#8217;s report, etc<\/span><\/li><li><span style=\"color: #000000;\">Corporate Social Responsibility<\/span><\/li><li><span style=\"color: #000000;\">Right of member to copies of audited financial statement<\/span><\/li><li><span style=\"color: #000000;\">Copy of financial statement to be filed with Registrar<\/span><\/li><li><span style=\"color: #000000;\">Internal Audit<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Audit and Auditors<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Appointment of auditors<\/span><\/li><li><span style=\"color: #000000;\">Removal, resignation of auditor and giving of special notice<\/span><\/li><li><span style=\"color: #000000;\">Eligibility, qualifications and disqualifications of auditors<\/span><\/li><li><span style=\"color: #000000;\">Remuneration of auditors<\/span><\/li><li><span style=\"color: #000000;\">Powers and duties of auditors and auditing standards<\/span><\/li><li><span style=\"color: #000000;\">Auditor not to render certain services<\/span><\/li><li><span style=\"color: #000000;\">Auditors to sign audit reports, etc<\/span><\/li><li><span style=\"color: #000000;\">Auditors to attend general meeting<\/span><\/li><li><span style=\"color: #000000;\">Punishment for contravention<\/span><\/li><li><span style=\"color: #000000;\">Central Government to specify audit of items of cost in respect of certain companies<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Appointment and Qualifications Of Directors<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Company to have Board of Directors<\/span><\/li><li><span style=\"color: #000000;\">Manner of selection of independent directors and maintenance of data bank of independent directors<\/span><\/li><li><span style=\"color: #000000;\">Appointment of director elected by small shareholders<\/span><\/li><li><span style=\"color: #000000;\">Appointment of directors<\/span><\/li><li><span style=\"color: #000000;\">Application for allotment of Director Identification Number<\/span><\/li><li><span style=\"color: #000000;\">Allotment of Director Identification Number<\/span><\/li><li><span style=\"color: #000000;\">Prohibition to obtain more than one Director Identification Number<\/span><\/li><li><span style=\"color: #000000;\">Director to intimate Director Identification Number<\/span><\/li><li><span style=\"color: #000000;\">Company to inform Director Identification Number to Registrar<\/span><\/li><li><span style=\"color: #000000;\">Obligation to indicate Director Identification Number<\/span><\/li><li><span style=\"color: #000000;\">Punishment for contravention<\/span><\/li><li><span style=\"color: #000000;\">Right of persons other than retiring directors to stand for directorship<\/span><\/li><li><span style=\"color: #000000;\">Appointment of additional director, alternate director and nominee director<\/span><\/li><li><span style=\"color: #000000;\">Appointment of directors to be voted individually<\/span><\/li><li><span style=\"color: #000000;\">Option to adopt principle of proportional representation for appointment of directors<\/span><\/li><li><span style=\"color: #000000;\">Disqualifications for appointment of director<\/span><\/li><li><span style=\"color: #000000;\">Number of directorships<\/span><\/li><li><span style=\"color: #000000;\">Duties of directors<\/span><\/li><li><span style=\"color: #000000;\">Vacation of office of director<\/span><\/li><li><span style=\"color: #000000;\">Resignation of director<\/span><\/li><li><span style=\"color: #000000;\">Removal of directors<\/span><\/li><li><span style=\"color: #000000;\">Register of directors and key managerial personnel and their shareholding<\/span><\/li><li><span style=\"color: #000000;\">Members&#8217; right to inspect<\/span><\/li><li><span style=\"color: #000000;\">Punishment<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Meetings Of Board and its Powers<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Meetings of Board<\/span><\/li><li><span style=\"color: #000000;\">Quorum for meetings of Board<\/span><\/li><li><span style=\"color: #000000;\">Passing of resolution by circulation<\/span><\/li><li><span style=\"color: #000000;\">Defects in appointment of directors not to invalidate actions taken<\/span><\/li><li><span style=\"color: #000000;\">Audit committee<\/span><\/li><li><span style=\"color: #000000;\">Nomination and remuneration committee and stakeholders relationship committee<\/span><\/li><li><span style=\"color: #000000;\">Powers of Board<\/span><\/li><li><span style=\"color: #000000;\">Restrictions on powers of Board<\/span><\/li><li><span style=\"color: #000000;\">Company to contribute to bona fide and charitable funds, etc<\/span><\/li><li><span style=\"color: #000000;\">Prohibitions and restrictions regarding political contributions<\/span><\/li><li><span style=\"color: #000000;\">Power of Board and other persons to make contributions<\/span><\/li><li><span style=\"color: #000000;\">Disclosure of interest by director<\/span><\/li><li><span style=\"color: #000000;\">Loan to directors, etc<\/span><\/li><li><span style=\"color: #000000;\">Loan and investment by company<\/span><\/li><li><span style=\"color: #000000;\">Investments of company to be held in its own name<\/span><\/li><li><span style=\"color: #000000;\">Related party transactions<\/span><\/li><li><span style=\"color: #000000;\">Register of contracts or arrangements in which directors are interested<\/span><\/li><li><span style=\"color: #000000;\">Contract of employment with managing or whole-time directors<\/span><\/li><li><span style=\"color: #000000;\">Payment to director for loss of office, etc, in connection with transfer of undertaking, property or shares<\/span><\/li><li><span style=\"color: #000000;\">Restriction on non-cash transactions involving directors<\/span><\/li><li><span style=\"color: #000000;\">Contract by One Person Company<\/span><\/li><li><span style=\"color: #000000;\">Prohibition on forward dealings in securities of company by director or key managerial personnel<\/span><\/li><li><span style=\"color: #000000;\">Prohibition on insider trading of securities<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Appointment and Remuneration Of Managerial Personnel<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Appointment of managing director, whole-time director or manager<\/span><\/li><li><span style=\"color: #000000;\">Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits<\/span><\/li><li><span style=\"color: #000000;\">Calculation of profits<\/span><\/li><li><span style=\"color: #000000;\">Recovery of remuneration in certain cases<\/span><\/li><li><span style=\"color: #000000;\">Central Government or company to fix limit with regard to remuneration<\/span><\/li><li><span style=\"color: #000000;\">Forms of, and procedure in relation to, certain applications<\/span><\/li><li><span style=\"color: #000000;\">Compensation for loss of office of managing or whole-time director or manager<\/span><\/li><li><span style=\"color: #000000;\">Appointment of key managerial personnel<\/span><\/li><li><span style=\"color: #000000;\">Secretarial audit for bigger companies<\/span><\/li><li><span style=\"color: #000000;\">Functions of company secretary<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Inspection, Inquiry and Investigation<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Power to call for information, inspect books and conduct inquiries<\/span><\/li><li><span style=\"color: #000000;\">Conduct of inspection and inquiry<\/span><\/li><li><span style=\"color: #000000;\">Report on inspection made<\/span><\/li><li><span style=\"color: #000000;\">Search and seizure<\/span><\/li><li><span style=\"color: #000000;\">Investigation into affairs of company<\/span><\/li><li><span style=\"color: #000000;\">Establishment of Serious Fraud Investigation Office<\/span><\/li><li><span style=\"color: #000000;\">Investigation into affairs of company by Serious Fraud Investigation Office<\/span><\/li><li><span style=\"color: #000000;\">Investigation into company&#8217;s affairs in other cases<\/span><\/li><li><span style=\"color: #000000;\">Security for payment of costs and expenses of investigation<\/span><\/li><li><span style=\"color: #000000;\">Firm, body corporate or association not to be appointed as inspector<\/span><\/li><li><span style=\"color: #000000;\">Investigation of ownership of company<\/span><\/li><li><span style=\"color: #000000;\">Procedure, powers, etc, of inspectors<\/span><\/li><li><span style=\"color: #000000;\">Protection of employees during investigation<\/span><\/li><li><span style=\"color: #000000;\">Power of inspector to conduct investigation into affairs of related companies, etc<\/span><\/li><li><span style=\"color: #000000;\">Seizure of documents by inspector<\/span><\/li><li><span style=\"color: #000000;\">Freezing of assets of company on inquiry and investigation<\/span><\/li><li><span style=\"color: #000000;\">Imposition of restrictions upon securities<\/span><\/li><li><span style=\"color: #000000;\">Inspector&#8217;s report<\/span><\/li><li><span style=\"color: #000000;\">Actions to be taken in pursuance of inspector&#8217;s report<\/span><\/li><li><span style=\"color: #000000;\">Expenses of investigation<\/span><\/li><li><span style=\"color: #000000;\">Voluntary winding up of company, etc, not to stop investigation proceedings<\/span><\/li><li><span style=\"color: #000000;\">Legal advisers and bankers not to disclose certain information<\/span><\/li><li><span style=\"color: #000000;\">Investigation, etc, of foreign companies<\/span><\/li><li><span style=\"color: #000000;\">Penalty for furnishing false statement, mutilation, destruction of documents<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Compromises, Arrangements and Amalgamations<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Power to compromise or make arrangements with creditors and members<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to enforce compromise or arrangement<\/span><\/li><li><span style=\"color: #000000;\">Merger and amalgamation of companies<\/span><\/li><li><span style=\"color: #000000;\">Merger or amalgamation of certain companies<\/span><\/li><li><span style=\"color: #000000;\">Merger or amalgamation of company with foreign company<\/span><\/li><li><span style=\"color: #000000;\">Power to acquire shares of shareholders dissenting from scheme or contract approved by majority<\/span><\/li><li><span style=\"color: #000000;\">Purchase of minority shareholding<\/span><\/li><li><span style=\"color: #000000;\">Power of Central Government to provide for amalgamation of companies in public interest<\/span><\/li><li><span style=\"color: #000000;\">Registration of offer of schemes involving transfer of shares<\/span><\/li><li><span style=\"color: #000000;\">Preservation of books and papers of amalgamated companies<\/span><\/li><li><span style=\"color: #000000;\">Liability of officers in respect of offences committed prior to merger, amalgamation, etc<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Prevention Of Oppression and Mismanagement<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Application to Tribunal for relief in cases of oppression, etc<\/span><\/li><li><span style=\"color: #000000;\">Powers of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Consequence of termination or modification of certain agreements<\/span><\/li><li><span style=\"color: #000000;\">Right to apply under section<\/span><\/li><li><span style=\"color: #000000;\">Class action<\/span><\/li><li><span style=\"color: #000000;\">Application of certain provisions to proceedings under section or section<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Registered Valuers<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Valuation by registered valuers<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Removal Of Names Of Companies From The Register Of Companies<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Power of Registrar to remove name of company from register of Companies<\/span><\/li><li><span style=\"color: #000000;\">Restrictions on making application under section in certain situations<\/span><\/li><li><span style=\"color: #000000;\">Effect of company notified as dissolved<\/span><\/li><li><span style=\"color: #000000;\">Fraudulent application for removal of name<\/span><\/li><li><span style=\"color: #000000;\">Appeal to Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Revival and Rehabilitation Of Sick Companies<\/span><\/li><li><span style=\"color: #000000;\">Determination Of Sickness<\/span><\/li><li><span style=\"color: #000000;\">Application for revival and rehabilitation<\/span><\/li><li><span style=\"color: #000000;\">Exclusion of certain time in computing period of limitation<\/span><\/li><li><span style=\"color: #000000;\">Appointment of interim administrator<\/span><\/li><li><span style=\"color: #000000;\">Committee of creditors<\/span><\/li><li><span style=\"color: #000000;\">Order of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Appointment of administrator<\/span><\/li><li><span style=\"color: #000000;\">Powers and duties of company administrator<\/span><\/li><li><span style=\"color: #000000;\">Scheme of revival and rehabilitation<\/span><\/li><li><span style=\"color: #000000;\">Sanction of scheme<\/span><\/li><li><span style=\"color: #000000;\">Scheme to be binding<\/span><\/li><li><span style=\"color: #000000;\">Implementation of scheme<\/span><\/li><li><span style=\"color: #000000;\">Winding up of company on report of company administrator<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to assess damages against delinquent directors, etc<\/span><\/li><li><span style=\"color: #000000;\">Punishment for certain offences<\/span><\/li><li><span style=\"color: #000000;\">Bar of jurisdiction<\/span><\/li><li><span style=\"color: #000000;\">Rehabilitation and Insolvency Fund<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Winding Up<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Modes of winding up<\/span><\/li><li><span style=\"color: #000000;\">Circumstances in which company may be wound up by Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Petition for winding up<\/span><\/li><li><span style=\"color: #000000;\">Powers of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Directions for filing statement of affairs<\/span><\/li><li><span style=\"color: #000000;\">Company Liquidators and their appointments<\/span><\/li><li><span style=\"color: #000000;\">Removal and replacement of liquidator<\/span><\/li><li><span style=\"color: #000000;\">Intimation to Company Liquidator, provisional liquidator and Registrar<\/span><\/li><li><span style=\"color: #000000;\">Effect of winding up order<\/span><\/li><li><span style=\"color: #000000;\">Stay of suits, etc, on winding up order<\/span><\/li><li><span style=\"color: #000000;\">Jurisdiction of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Submission of report by Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Directions of Tribunal on report of Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Custody of company&#8217;s properties<\/span><\/li><li><span style=\"color: #000000;\">Promoters, directors, etc, to co-operate with Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Settlement of list of contributories and application of assets<\/span><\/li><li><span style=\"color: #000000;\">Obligations of directors and managers<\/span><\/li><li><span style=\"color: #000000;\">Advisory Committee<\/span><\/li><li><span style=\"color: #000000;\">Submission of periodical reports to Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal on application for stay of winding up<\/span><\/li><li><span style=\"color: #000000;\">Powers and duties of Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Provision for professional assistance to Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Exercise and control of Company Liquidator&#8217;s powers<\/span><\/li><li><span style=\"color: #000000;\">Books to be kept by Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Audit of Company Liquidator&#8217;s accounts<\/span><\/li><li><span style=\"color: #000000;\">Payment of debts by contributory and extent of set-off<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to make calls<\/span><\/li><li><span style=\"color: #000000;\">Adjustment of rights of contributories<\/span><\/li><li><span style=\"color: #000000;\">Power to order costs<\/span><\/li><li><span style=\"color: #000000;\">Power to summon persons suspected of having property of company, etc<\/span><\/li><li><span style=\"color: #000000;\">Power to order examination of promoters, directors, etc<\/span><\/li><li><span style=\"color: #000000;\">Arrest of person trying to leave India or abscond<\/span><\/li><li><span style=\"color: #000000;\">Dissolution of company by Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Appeals from orders made before commencement of Act<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Voluntary Winding Up<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Circumstances in which company may be wound up voluntarily<\/span><\/li><li><span style=\"color: #000000;\">Declaration of solvency in case of proposal to wind up voluntarily<\/span><\/li><li><span style=\"color: #000000;\">Meeting of creditors<\/span><\/li><li><span style=\"color: #000000;\">Publication of resolution to wind up voluntarily<\/span><\/li><li><span style=\"color: #000000;\">Commencement of voluntary winding up<\/span><\/li><li><span style=\"color: #000000;\">Effect of voluntary winding up<\/span><\/li><li><span style=\"color: #000000;\">Appointment of Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Power to remove and fill vacancy of Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Notice of appointment of Company Liquidator to be given to Registrar<\/span><\/li><li><span style=\"color: #000000;\">Cesser of Board&#8217;s powers on appointment of Company Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Powers and duties of Company Liquidator in voluntary winding up<\/span><\/li><li><span style=\"color: #000000;\">Appointment of committees<\/span><\/li><li><span style=\"color: #000000;\">Company Liquidator to submit report on progress of winding up<\/span><\/li><li><span style=\"color: #000000;\">Report of Company Liquidator to Tribunal for examination of persons<\/span><\/li><li><span style=\"color: #000000;\">Final meeting and dissolution of company<\/span><\/li><li><span style=\"color: #000000;\">Power of Company Liquidator to accept shares, etc, as consideration for sale of property of company<\/span><\/li><li><span style=\"color: #000000;\">Distribution of property of company<\/span><\/li><li><span style=\"color: #000000;\">Arrangement when binding on company and creditors<\/span><\/li><li><span style=\"color: #000000;\">Power to apply to Tribunal to have questions determined, etc<\/span><\/li><li><span style=\"color: #000000;\">Costs of voluntary winding up<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Provisions Applicable To Every Mode Of Winding Up<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Debts of all descriptions to be admitted to proof<\/span><\/li><li><span style=\"color: #000000;\">Application of insolvency rules in winding up of insolvent companies<\/span><\/li><li><span style=\"color: #000000;\">Overriding preferential payments<\/span><\/li><li><span style=\"color: #000000;\">Preferential payments<\/span><\/li><li><span style=\"color: #000000;\">Fraudulent preference<\/span><\/li><li><span style=\"color: #000000;\">Transfers not in good faith to be void<\/span><\/li><li><span style=\"color: #000000;\">Certain transfers to be void<\/span><\/li><li><span style=\"color: #000000;\">Liabilities and rights of certain persons fraudulently preferred<\/span><\/li><li><span style=\"color: #000000;\">Effect of floating charge<\/span><\/li><li><span style=\"color: #000000;\">Disclaimer of onerous property<\/span><\/li><li><span style=\"color: #000000;\">Transfers, etc, after commencement of winding up to be void<\/span><\/li><li><span style=\"color: #000000;\">Certain attachments, executions, etc, in winding up by Tribunal to be void<\/span><\/li><li><span style=\"color: #000000;\">Offences by officers of companies in liquidation<\/span><\/li><li><span style=\"color: #000000;\">Penalty for frauds by officers<\/span><\/li><li><span style=\"color: #000000;\">Liability where proper accounts not kept<\/span><\/li><li><span style=\"color: #000000;\">Liability for fraudulent conduct of business<\/span><\/li><li><span style=\"color: #000000;\">Power of Tribunal to assess damages against delinquent directors, etc<\/span><\/li><li><span style=\"color: #000000;\">Liability under sections and to extend to partners or directors in firms or companies<\/span><\/li><li><span style=\"color: #000000;\">Prosecution of delinquent officers and members of company<\/span><\/li><li><span style=\"color: #000000;\">Company Liquidator to exercise certain powers subject to sanction<\/span><\/li><li><span style=\"color: #000000;\">Statement that company is in liquidation<\/span><\/li><li><span style=\"color: #000000;\">Books and papers of company to be evidence<\/span><\/li><li><span style=\"color: #000000;\">Inspection of books and papers by creditors and contributories<\/span><\/li><li><span style=\"color: #000000;\">Disposal of books and papers of company<\/span><\/li><li><span style=\"color: #000000;\">Information as to pending liquidations<\/span><\/li><li><span style=\"color: #000000;\">Official Liquidator to make payments into public account of India<\/span><\/li><li><span style=\"color: #000000;\">Company Liquidator to deposit monies into scheduled bank<\/span><\/li><li><span style=\"color: #000000;\">Liquidator not to deposit monies into private banking account<\/span><\/li><li><span style=\"color: #000000;\">Company Liquidation Dividend and Undistributed Assets Account<\/span><\/li><li><span style=\"color: #000000;\">Liquidator to make returns, etc<\/span><\/li><li><span style=\"color: #000000;\">Meetings to ascertain wishes of creditors or contributories<\/span><\/li><li><span style=\"color: #000000;\">Court, Tribunal or person, etc, before whom affidavit may be sworn<\/span><\/li><li><span style=\"color: #000000;\">Powers of Tribunal to declare dissolution of company void<\/span><\/li><li><span style=\"color: #000000;\">Commencement of winding up by Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Exclusion of certain time in computing period of limitation<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Official Liquidators<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Appointment of Official Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Powers and functions of Official Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Summary procedure for liquidation<\/span><\/li><li><span style=\"color: #000000;\">Sale of assets and recovery of debts due to company<\/span><\/li><li><span style=\"color: #000000;\">Settlement of claims of creditors by Official Liquidator<\/span><\/li><li><span style=\"color: #000000;\">Appeal by creditor<\/span><\/li><li><span style=\"color: #000000;\">Order of dissolution of company<\/span><\/li><li><span style=\"color: #000000;\">Companies Authorized To Register Under This Act<\/span><\/li><li><span style=\"color: #000000;\">Companies capable of being registered<\/span><\/li><li><span style=\"color: #000000;\">Certificate of registration of existing companies<\/span><\/li><li><span style=\"color: #000000;\">Vesting of property on registration<\/span><\/li><li><span style=\"color: #000000;\">Saving of existing liabilities<\/span><\/li><li><span style=\"color: #000000;\">Continuation of pending legal proceedings<\/span><\/li><li><span style=\"color: #000000;\">Effect of registration under this Part<\/span><\/li><li><span style=\"color: #000000;\">Power of Court to stay or restrain proceedings<\/span><\/li><li><span style=\"color: #000000;\">Suits stayed on winding up order<\/span><\/li><li><span style=\"color: #000000;\">Obligation of Companies registering under this Part<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Winding Up Of Unregistered Companies<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Winding up of unregistered companies<\/span><\/li><li><span style=\"color: #000000;\">Power to wind up foreign companies although dissolved<\/span><\/li><li><span style=\"color: #000000;\">Provisions of Chapter cumulative<\/span><\/li><li><span style=\"color: #000000;\">Saving and construction of enactments conferring power to wind up partnership firm, association or company, etc, in certain cases<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Companies Incorporated Outside India<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Application of Act to foreign companies<\/span><\/li><li><span style=\"color: #000000;\">Documents, etc, to be delivered to Registrar by foreign companies<\/span><\/li><li><span style=\"color: #000000;\">Accounts of foreign company<\/span><\/li><li><span style=\"color: #000000;\">Display of name, etc, of foreign company<\/span><\/li><li><span style=\"color: #000000;\">Service on foreign company<\/span><\/li><li><span style=\"color: #000000;\">Debentures, annual return, registration of charges, books of account and their inspection<\/span><\/li><li><span style=\"color: #000000;\">Fee for registration of documents<\/span><\/li><li><span style=\"color: #000000;\">Interpretation<\/span><\/li><li><span style=\"color: #000000;\">Dating of prospectus and particulars to be contained therein<\/span><\/li><li><span style=\"color: #000000;\">Provisions as to expert&#8217;s consent and allotment<\/span><\/li><li><span style=\"color: #000000;\">Registration of prospectus<\/span><\/li><li><span style=\"color: #000000;\">Offer of Indian Depository Receipts<\/span><\/li><li><span style=\"color: #000000;\">Application of sections to and Chapter XX<\/span><\/li><li><span style=\"color: #000000;\">Punishment for contravention<\/span><\/li><li><span style=\"color: #000000;\">Company&#8217;s failure to comply with provisions of this Chapter not to affect validity of<\/span><\/li><li><span style=\"color: #000000;\">contracts, etc<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Government Companies<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Annual reports on Government companies<\/span><\/li><li><span style=\"color: #000000;\">Annual reports where one or more State Governments are members of companies<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Registration Offices and Fees<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Registration offices<\/span><\/li><li><span style=\"color: #000000;\">Admissibility of certain documents as evidence<\/span><\/li><li><span style=\"color: #000000;\">Provisions relating to filing of applications, documents, inspection, etc, in electronic form<\/span><\/li><li><span style=\"color: #000000;\">Inspection, production and evidence of documents kept by Registrar<\/span><\/li><li><span style=\"color: #000000;\">Electronic form to be exclusive, alternative or in addition to physical form<\/span><\/li><li><span style=\"color: #000000;\">Provision of value added services through electronic form<\/span><\/li><li><span style=\"color: #000000;\">Application of provisions of Information Technology Act,<\/span><\/li><li><span style=\"color: #000000;\">Fee for filing, etc<\/span><\/li><li><span style=\"color: #000000;\">Fees, etc, to be credited into public account<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Companies To Furnish Information Or Statistics<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Power of Central Government to direct companies to furnish information or statistics<\/span><\/li><li><span style=\"color: #000000;\">Power to modify Act in its application to Nidhis<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>National Company Law Tribunal and Appellate Tribunal<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Definitions<\/span><\/li><li><span style=\"color: #000000;\">Constitution of National Company Law Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Qualification of President and Members of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Constitution of Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Qualifications of Chairperson and members of Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Selection of Members of Tribunal and Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Term of office of President, Chairperson and other Members<\/span><\/li><li><span style=\"color: #000000;\">Salary, allowances and other terms and conditions of service of Members<\/span><\/li><li><span style=\"color: #000000;\">Acting President and Chairperson of Tribunal or Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Resignation of Members<\/span><\/li><li><span style=\"color: #000000;\">Removal of Members<\/span><\/li><li><span style=\"color: #000000;\">Staff of Tribunal and Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Benches of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Orders of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Appeal from Orders of Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Expeditious disposal by Tribunal and Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Appeal to Supreme Court<\/span><\/li><li><span style=\"color: #000000;\">Procedure before Tribunal and Appellate Tribunal<\/span><\/li><li><span style=\"color: #000000;\">Power to punish for contempt<\/span><\/li><li><span style=\"color: #000000;\">Delegation of powers<\/span><\/li><li><span style=\"color: #000000;\">President, Members, officers, etc, to be public servants<\/span><\/li><li><span style=\"color: #000000;\">Protection of action taken in good faith<\/span><\/li><li><span style=\"color: #000000;\">Power to seek assistance of Chief Metropolitan Magistrate, etc<\/span><\/li><li><span style=\"color: #000000;\">Civil court not to have jurisdiction<\/span><\/li><li><span style=\"color: #000000;\">Vacancy in Tribunal or Appellate Tribunal not to invalidate acts or proceedings<\/span><\/li><li><span style=\"color: #000000;\">Right to legal representation<\/span><\/li><li><span style=\"color: #000000;\">Limitation<\/span><\/li><li><span style=\"color: #000000;\">Transfer of certain pending proceedings<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Special Courts<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Establishment of Special Courts<\/span><\/li><li><span style=\"color: #000000;\">Offences triable by Special Courts<\/span><\/li><li><span style=\"color: #000000;\">Appeal and revision<\/span><\/li><li><span style=\"color: #000000;\">Application of Code to proceedings before Special Court<\/span><\/li><li><span style=\"color: #000000;\">Offences to be non-cognizable<\/span><\/li><li><span style=\"color: #000000;\">Transitional provisions<\/span><\/li><li><span style=\"color: #000000;\">Compounding of certain offences<\/span><\/li><li><span style=\"color: #000000;\">Mediation and conciliation penal<\/span><\/li><li><span style=\"color: #000000;\">Power of Central Government to appoint company prosecutors<\/span><\/li><li><span style=\"color: #000000;\">Appeal against acquittal<\/span><\/li><li><span style=\"color: #000000;\">Compensation for accusation without reasonable cause<\/span><\/li><li><span style=\"color: #000000;\">Application of fines<\/span><\/li><\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><strong>Miscellaneous<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span style=\"color: #000000;\">Punishment for fraud<\/span><\/li><li><span style=\"color: #000000;\">Punishment for false statements<\/span><\/li><li><span style=\"color: #000000;\">Punishment for false evidence<\/span><\/li><li><span style=\"color: #000000;\">Punishment where no specific penalty or punishment is provided<\/span><\/li><li><span style=\"color: #000000;\">Punishment in case of repeated default<\/span><\/li><li><span style=\"color: #000000;\">Punishment for wrongful withholding of property<\/span><\/li><li><span style=\"color: #000000;\">Punishment for improper use of &#8220;Limited&#8221; or &#8220;Private Limited&#8221;<\/span><\/li><li><span style=\"color: #000000;\">Adjudication of penalties<\/span><\/li><li><span style=\"color: #000000;\">Dormant company<\/span><\/li><li><span style=\"color: #000000;\">Protection of action taken in good faith<\/span><\/li><li><span style=\"color: #000000;\">Non-disclosure of information in certain cases<\/span><\/li><li><span style=\"color: #000000;\">Delegation by Central Government of its powers and functions<\/span><\/li><li><span style=\"color: #000000;\">Powers of Central Government or Tribunal to accord approval, etc, subject to conditions and to prescribe fees on applications<\/span><\/li><li><span style=\"color: #000000;\">Condonation of delay in certain cases<\/span><\/li><li><span style=\"color: #000000;\">Annual report by Central Government<\/span><\/li><li><span style=\"color: #000000;\">Power to exempt class or classes of companies from provisions of this Act<\/span><\/li><li><span style=\"color: #000000;\">Power of court to grant relief in certain cases<\/span><\/li><li><span style=\"color: #000000;\">Prohibition of association or partnership of persons exceeding certain number<\/span><\/li><li><span style=\"color: #000000;\">Repeal of certain enactments and savings<\/span><\/li><li><span style=\"color: #000000;\">Dissolution of Company Law Board and consequential provisions<\/span><\/li><li><span style=\"color: #000000;\">Power of Central Government to amend Schedules<\/span><\/li><li><span style=\"color: #000000;\">Powers of Central Government to make rules relating to winding up<\/span><\/li><li><span style=\"color: #000000;\">Power of Central Government to make rules<\/span><\/li><li><span style=\"color: #000000;\">Power to remove difficulties<\/span><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Preparation Guide for Certified Company Law Professional Exam<\/strong><\/h4>\n\n\n\n<p>Undertaking an ideal preparation strategy prior to giving the examination is the most significant step towards success. The following preparation guide consists of the necessary steps that should be followed by a candidate to prepare for the exam. This will help reduce confusion and will guide you to take the essential steps for this exam.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"2000\" src=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law.png\" alt=\"Company Law Professional Preparation Guide\" class=\"wp-image-87469\" srcset=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law.png 800w, https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-120x300.png 120w, https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-410x1024.png 410w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Step 1 \u2013 Review Exam Objectives<\/strong><\/h5>\n\n\n\n<p>The most essential part of the preparation is to familiarize yourself with the chief objectives of the Certified Company Law Professional exam. Going through the different sections of the course outline will help you align yourself with the different requirements and prerequisites of the exam. Moreover, you&#8217;ll get to know your stand in the competition before you start with the preparation. This, in turn, will help you plan the right strategy to pass the test and attain your desired certification, and hence gain high-paying career options.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Incidental Thereto<\/li><li>Prospectus and Allotment Of Securities<\/li><li>Private Placement<\/li><li>Share Capital and Debentures<\/li><li>Acceptance Of Deposits By Companies<\/li><li>Registration Of Charges<\/li><li>Management and Administration<\/li><li>Declaration and Payment Of Dividend<\/li><li>Accounts Of Companies<\/li><li>Audit and Auditors<\/li><li>Appointment and Qualifications Of Directors<\/li><li>Meetings Of Board and its Powers<\/li><li>Appointment and Remuneration Of Managerial Personnel<\/li><li>Inspection, Inquiry, and Investigation<\/li><li>Compromises, Arrangements, and Amalgamations<\/li><li>Prevention Of Oppression and Mismanagement<\/li><li>Registered Valuers<\/li><li>Removal Of Names Of Companies From The Register Of Companies<\/li><li>Revival and Rehabilitation Of Sick Companies<\/li><li>Winding Up, and Voluntary Winding Up<\/li><li>Provisions Applicable To Every Mode Of Winding Up<\/li><li>Official Liquidators<\/li><li>Companies Authorized To Register Under This Act<\/li><li>Winding Up Of Unregistered Companies<\/li><li>Companies Incorporated Outside India<\/li><li>Government Companies<\/li><li>Registration Offices and Fees<\/li><li>Companies To Furnish Information Or Statistics<\/li><li>National Company Law Tribunal and Appellate Tribunal<\/li><li>Special Courts<\/li><\/ul>\n\n\n\n<p><strong>Refer: <\/strong><a href=\"https:\/\/www.vskills.in\/certification\/brochure\/vs-1149-certified-company-law-professional-brochure.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><strong>Certified Company Law Professional<\/strong><\/strong> <strong>Brochure<\/strong><\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Step 2 &#8211;<\/strong> <strong>Learn with Books<\/strong><\/h5>\n\n\n\n<p>Books have always been the largest source of knowledge in every field. The traditional method of gaining knowledge through books have always been proved as the most significant source. The concepts are well explained and are in a detailed manner in the books. Below are the top 3 books for Certified Company Law Professional &#8211; <\/p>\n\n\n\n<ul class=\"wp-block-list\" type=\"1\"><li><strong>Handbook of company law procedures 2020 edition <\/strong>&#8211; The book is a basic guide with current amendments, preferred by most candidates of the<strong> <\/strong>Company Law Professional Exam. This book has a deep insight into company law and allies matters<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Company law procedures and compliance by Sanjeev Gupta<\/strong> &#8211; It has rich information on comparable offenses. List of non-compoundable offenses. List of e-forms under the companies act and much more.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Textbook of company Law by S.Chand and&nbsp; PPS Gogna<\/strong> &#8211; The book is very comprehensible for beginners in the law company. It has all concepts required for certification on exams<\/li><\/ul>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Step 3 \u2013 E-learning and Study material<\/strong><\/h5>\n\n\n\n<p>Choosing the right set of resources is undoubtedly the most important step towards successful preparation. To support your learning with the best quality study resource and materials, Vskills offers E-Learning Study Material for the Certified Company Law Professional exam. E-learning is one of the finest sources to gain knowledge in today\u2019s time. It strengthens the quality of learning and teaching. E-learning today is adapted and preferred by most people. The study material available online helps the individual to understand the fundamentals of the subject and provides deeper knowledge regarding the niche. <\/p>\n\n\n\n<p>One very special aspect of Vskills learning material is its timely updates and lifetime access. In addition to supporting your e-learning, Vskills also provides study materials in hard copy for the candidates preferring offline study methods.<\/p>\n\n\n\n<p><strong>Refer:&nbsp;<a href=\"https:\/\/www.vskills.in\/certification\/sample-material\/vs-1149-certified-company-law-professional-reading-material.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Certified Company Law Professional Sample Chapter<\/a><\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Step 4 \u2013 Check your Progress with Practice Tests<\/strong><\/h5>\n\n\n\n<p>Practice tests help to identify the areas of improvement and the ones where you need to give special attention to. Apart from increasing our confidence, practice tests are important for examining the amount of knowledge in the different areas of the course. So start your journey to become a Certified Company Law Professional. <a href=\"https:\/\/www.vskills.in\/practice\/company-law-mock-test\" target=\"_blank\" rel=\"noreferrer noopener\">Start Practicing Now!<\/a><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.vskills.in\/practice\/company-law-mock-test\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"150\" src=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional-1.png\" alt=\"Company Law Professional Practice Tests\" class=\"wp-image-87470\" srcset=\"https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional-1.png 960w, https:\/\/www.vskills.in\/certification\/tutorial\/wp-content\/uploads\/2020\/11\/Company-Law-Professional-1-300x47.png 300w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><\/figure><\/div>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Improve your chances of a bright and beneficial career. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.vskills.in\/practice\/company-law-mock-test\" target=\"_blank\">Start Practicing for the Certified Company Law Professional exam Now!<\/a><\/strong><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>When we think of a company, we think of a business. Business is a systematized sequence of dealings. There is no need for a specific law that can tell anyone how to meet up and accomplish dealings. The law of corporations helps to make sure that deals are accomplished and that people are benefited from&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[5866,37],"tags":[5872,5865,7784,7785,7789,7790,7786,7788,7787,7791,42],"class_list":["post-63093","page","type-page","status-publish","hentry","category-company-law","category-legal","tag-business-law","tag-company-law","tag-company-law-certification","tag-company-law-certification-in-india","tag-corporate-law","tag-judiciary","tag-law","tag-lawyer","tag-legal","tag-legal-service","tag-m4f"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Certified Company Law Professional - Tutorial<\/title>\n<meta name=\"description\" content=\"Boost your chances of grabbing a high-paying career opportunity by becoming a Vskills Certified Company Law Professional Now\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/tutorial\/certified-company-law-professional\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Certified Company Law Professional - 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