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Bharat’s – Company Law Ready Reckoner (25th Edition) (Set of 2 Volumes) by D.K. Jain



Categories: Company Law
Publisher: Bharat Law House Pvt Ltd


About Book:Company Law Ready Reckoner is a comprehensive and clear introduction to the principles and practice of company law. The book is well respected for its accuracy and clarity. This edition offers practical in-depth, topical commentary identifying the key requirements of relevant provisions of the Companies Act, 2013, and various amendments made thereafter including the Companies (Amendment) Act, 2020 (29 of 2020) and the various rules as amended from time to time, incorporating the important judicial pronouncements under the Companies Act, 2013 and erstwhile Companies Act, 1956. The relevant rules, circulars, notifications, guidelines and regulations issued under the Companies Act, 1956 and 2013 have also been incorporated at appropriate places along with corresponding sections under the Companies Act, 2013/1956 with a view to identifying them easily in a simplified manner. The present edition gives section wise index for providing easy reference to its users.

The Central Government is laying great emphasis on the compliance of law and has shown its clear intention. The Directors and Companies are under the annual/regular compliance of online KYC, and in case of failure to do it, the companies and directors are barred from filing of some specific event based forms. Further, the online portal for issuance of notice for non-compliances has been activated, which requires time bound reply and in case of failure, the Registrar is also adjudicating the companies and their officers-in-default for non compliance of various provisions of the Companies Act, 2013 and imposing huge penalty on them.

The Central Government has also provided various relaxations for smooth legal compliances by the companies by way of amendments in the Rules and circulars and paved a path for holding the Annual General Meeting and Extra Ordinary General Meeting Through Video Conferencing (VC) and Other Audio Video Means (OAVM) without requiring physical presence of the members at the venue of the Meeting. It has also enabled the holding of the Board and Committee meetings through Video Conferencing (VC) and Other Audio Video Means (OAVM) for larger participation with social distancing.

In continuation of Ease of Doing Business, one step ahead the Central Government has notified the Companies (Amendment) Act, 2020 on 28th November, 2020 and most of the sections of the Amendment Act, 2020 were made effective for de criminalisation of various non compliances under the Companies Act, 2013 as well as reduced penalty liable thereon. The Company Secretaries in employment or in practice and corporate law professionals involved in compliances of the Companies Act and SEBI Regulations need to be very cautious while making relevant compliance. Section 403 is already modified and additional minimum filing fee of Rs. 100 per day for certain documents like Balance Sheet, Annual Return etc. being charged in the similar pattern of LLP Law. Further, the Central Government by Notification dated 11th January, 2022 have changed the structures for payment of additional filing fee w.e.f. 1st July, 2022. Therefore, non-compliance or delayed compliance would be very costly, time consuming and harsh as such.

Company Law Ready Reckoner shall prove to be a tremendous source of information, guidance and reference to bodies corporate, chartered accountants, company secretaries, cost accountants, advocates, consultants, government departments, etc.

Author: D.K. Jain

About Author:

D.K. Jain :Dr. D.K. Jain, M.Com, FCS, ACIS (UK), Ph.D., I.P. is a Practicing Company Secretary, engaged in the practising field of Company Law, Insolvency and Bankruptcy Law, LLP, SEBI and Stock Exchange compliances. He has more than 34 years of practical experience in corporate laws and has been in the profession of Company Secretary for over 25 years.

Dr. Jain is qualified as Insolvency Professional and having international professional qualification of Chartered Secretary from the Institute of Chartered Secretaries and Administrators (UK) and is a Fellow Member of the Institute of Company Secretaries of India. He has completed research work on Generally Accepted Accounting Principles and its effect on final accounts (a comparative study of GAAP of India, UK and USA).

Dr. Jain has authored several books for  professionals on more than 20 topics Company Law and other allied laws which includes Company Law Ready Reckoner, LLP, FEMA, SEBI (LODR) Regulations, 2015, etc. He is a regular contributor of articles on various corporate matters in professional journals and speaker on the Company Law, Insolvency Law, SEBI Listing Regulations etc.

Dr. Jain has also served as the member of the Research and Publication Committee and as the member of Editorial Board of monthly bulletin “Focus” published by the Western India Regional Council of the Institute of Company Secretaries of India and also served as a member of the Management Committee of the CCGRT of the ICSI and member of the Research Group of ICSI. He is also member of the Editorial Board of the “Chartered Secretary” of the ICSI.

About Publisher:Bharat is a ‘trade-name’ for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation – direct and indirect – but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.

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