The Companies Act, 2013- Key Conceptual Transformation

The Companies Act 2013 - Key Conceptual Transformation is one of the compiled manuscript with the aim to highlight and present the key conceptual transformations made in the Companies Act 2013. The authors have elucidated the diverse issues and concerns arising as a result of the change in the company legislation regime. The span of the book ranges from articles on overview of the Companies Act 2013, the protection of Minority shareholders, facets like the Corporate Social Responsibility (CSR) which has been mandated under the statute, duties and liabilities of the Directors, Key Managerial Personnel and Independent Directors and prevention of oppression and mismanagement. An attempt has also been made to expound Corporate Frauds with an analysis of the accountability of Auditors and the transformation brought by the new law to strengthen it. Several important aspects such as Related Party transactions, issuance of securities by companies, minority squeeze out, changes to inspection and investigation have also been given due emphasis. An attempt has been made to present an interesting blend of various aspects of the transformation in the company law jurisprudence by leading practitioners, senior officers from the Ministry of Corporate Affairs, Ministry of Finance and distinguished academicians.

The third edition of Company Meetings: Law, Practice and Procedure focuses on the new concepts and amendments brought in by the Companies Act, 213. It includes guidance on conducting and convening meetings as well as on post meeting formalities. It exhaustively deals with the law, procedures and practices relating to all aspects of the meetings. This subject becomes more important on account of the fact that the provisions relating to the meetings of members and directors under the Companies Act, 213 have become effective with effect from 1 April 214.

This book has commented on changes introduced by the Companies Act, 213, such as the attendance by directors in board meetings through videoconference and electronic voting in general meetings. The Companies Act, 213 has also brought about vital changes with regard to board committees. Clause 49 of the Listing Agreement has also been recast and has affected to some extent the board and committee composition and meetings.

This edition of the book has attempted to encapsulate all these changes brought by the Companies Act, 213 and also updated the commentary in the light of statutory changes and case laws. This book caters to the need of all types of companies – private and public, listed and unlisted and covers all types of meetings. It will be equally useful to company secretaries, lawyers and judges, and organisations other than companies can also use it as a practical guidebook.