Abridged Prospectus (Section 33 read with Section 2(1))
· Chapter
LAW - The Companies Act, 2013
38 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare-Act text for reference.
All lessons
1
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2
Act to Override Memorandum and Articles (Section 6)
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3
Alteration of Articles of Association (Section 14)
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4
Alteration of Memorandum - Change of Registered Office from One State to Another (Section 13)
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5
Appointment of Trustee for Depositors [Rule 7]
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6
Articles of Association - Meaning, Definition and Contents (Sections 2(5) and 5)
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7
Associate Company [Section 2(6)]
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8
Ceiling Limits on Acceptance of Deposits [Rule 3(3)–(5)]
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9
Change of Objects after Raising Money from Public (Section 13(8))
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10
Conditions for Acceptance of Deposits from Members (Section 73)
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11
Copies of Memorandum, Articles, etc. to be Given to Members (Section 17)
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12
Creation of Security for Secured Deposits [Rule 6]
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13
Debenture Redemption Reserve (DRR) [Section 71(4) & Rule 18(7)]
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14
Debenture Trustee – Appointment & Disqualifications [Section 71(5) & Rule 18(2)]
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15
Debenture – Definition and Features [Section 2(30) & Section 71]
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16
Deemed Prospectus / Prospectus by Implication (Section 25)
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17
Doctrine of Ultra Vires
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18
Entrenchment Provisions in Articles (Section 5(3)-(5))
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19
Foreign Company [Section 2(42)]
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20
Government Company [Section 2(45)]
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21
Holding and Subsidiary Company [Sections 2(87), 2(46), Section 19]
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22
Issuance of Circular / Advertisement for Inviting Deposits [Rule 4]
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23
Issue of Debentures – Manner & Conditions [Section 71]
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24
Issue of Prospectus - General Requirements (Section 26)
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25
Kinds of Deposits: Acceptance from Members (Section 73) vs Public (Section 76)
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26
Legal Effect of Memorandum and Articles of Association (Section 10)
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27
Listed and Unlisted Companies [Section 2(52)]
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28
Meaning of 'Public' and 'Issue' in Prospectus Context (Case Law)
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29
One Person Company (OPC) - Nominee Provisions and Eligibility
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30
Prohibition for Buy-back of Shares [Section 70]
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31
Rate of Interest, Alteration of Terms & Credit Rating [Rule 3(6)–(8)]
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32
Red Herring Prospectus (Section 32)
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33
Section 8 Company (Non-Profit Company) - Formation, Restrictions, and Conversion
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34
Shelf Prospectus (Section 31)
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35
Small Company [Section 2(85)]
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36
Statement by Experts in Prospectus (Section 26 read with Section 2(38))
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37
Tenure and Joint-Holding of Deposits [Rule 3]
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38
Variation in Terms of Contract or Objects in Prospectus (Section 27)
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