Corporate law
JEGADEESAN
(Querist) 21 May 2014
This query is : Resolved
Dear Sir,
I wish to clarify a doubt regarding Corporate law.
What has been said in the Rule 14,15,16 of the Companies Act 2013?
How should be the witness details under rule 13 of Companies Incorporation rules 2014?
R.V.RAO
(Expert) 22 May 2014
The new rules framed under companies act 2013 are given below and pl. find the same self explanatory.
pl. clarify on what issues you wish to be clear .your query is not clear.
pl. elaborate.
The Companies (Appointment and Qualification of Directors) Rules, 2014 have imposed many obligations upon the directors of a company. Rule 14 (1) of the same prescribes that every director shall inform to the company concerned about his disqualification under sub-section (2) of section 164, if any, in Form DIR-8 before he is appointed or re-appointed.
Rule 14(2) states that whenever a company fails to file the financial statements or annual returns, or fails to repay any deposit, interest, dividend, or fails to redeem its debentures, as specified in sub-section (2) of section 164, the company shall immediately file Form DIR-9, to the Registrar furnishing therein the names and addresses of all the directors of the company during the relevant financial years.
Rule 14(3) states that when a company fails to file the Form DIR-9 within a period of thirty days of the failure that would attract the disqualification under sub-section (2) of section 164, officers of the company specified in clause (60) of section 2 of the Act shall be the officers in default.
Rule 15 states that the company shall within thirty days from the date of receipt of notice of resignation from a director, intimate the Registrar in Form DIR-12 and post the information on its website, if any.
Rule 16 states that where a director resigns from his office, he shall within a period of thirty days from the date of resignation, forward to the Registrar a copy of his resignation along with reasons for the resignation in Form DIR-11 along with the fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.
Dr J C Vashista
(Expert) 22 May 2014
Very well explained and advised by Sh. R V Rao, I appreciate and thank him for his updated expertise.
Sankaranarayanan
(Expert) 22 May 2014
Mr rao given his maximum. Even though it is academic query
T. Kalaiselvan, Advocate
(Expert) 22 May 2014
Though the query is purely academic in nature, expert Mr. R.V.Rao has given a detailed opinion about the subject issue, I agree with his views.
R.V.RAO
(Expert) 22 May 2014
@sri jagadeesan.you are welcome.
thanks to DR.sri j.c.vashista ji, thiru.sankar narayananji,
and thiru. kalaiselvan ji.
Sudhir Kumar, Advocate
(Expert) 13 July 2014
not understood how many marks question paper Mr Rao has atempeted in CA/LLB exam. No facts given.
V R SHROFF
(Expert) 13 July 2014
well explained and advised by Sh. R V Rao,
to Academic Query
