Thursday, July 16, 2020

How to remember section of company law






HELLO GUYS,  HOW ARE YOU ALL ?  I HOPE YOU ALL ARE DOING GOOD.

TODAY  I am going to share some memory technique for company law. Which will help you to remember the sections of company law. And yes after reading this post you can make your own memory technique.

NOTE :  I AM JUST SHARING MY TECHNIQUES which I used when I was in cs executive.   DO NOT MAKE MEMORY TECHNIQUE FOR ALL CHAPTERS, OTHERWISE YOU WILL GET CONFUSED.

So without wasting anytime let’s get started.

 

1)    Foreign company  ne  apne  free reserve     Global     Government    ko    hold    ke   liye  diye.

SECTION 2(42) :  foreign company.

SECTION 2(43) :  Free reserve.

SECTION 2(44) : Global depository receipt.

SECTION 2(45) : Government company.

SECTION 2(46) : Holding company.

 

2)    Independent director  ne   IDR   aur   issued capital   ke   bare   me  detail analysis   krne   ke  liye   KMP   ki   meeting   bulayi.

SECTION 2(47) :  Independent director.

SECTION 2(48) : Indian depository receipt.

SECTION 2(49) : OMMITED UNDER CO. AMENDMENT ACT 2017 ( NOTIFIED ON 9TH FEB)

SECTION 2(50) : Issued capital.

SECTION 2(51) : KMP.

 

3)     5 Pandavas or you can say it  P SERIES ( I know it sounds weired).

 

SECTION 2(68) : Private company.

SECTION 2(69) : Promoter.

SECTION 2(70) : Prospectus.

SECTION 2(71) : Public company.

SECTION 2(72) : Public financial institution.

 

4)    M. S  DHONI   KO   CVO  OFFICER  BANAKE  USKA  D.A   REVISE KIYA.

SECTION 23 : M = Method of fund raising.

SECTION 24 : S = SEBI power.

SECTION 25 : D = Definition of deemed prospectus.

SECTION 26 : C = Content of prospectus ( amendment).

SECTION 27 : V = Variation in content and prospectus.

SECTION 28 : O = Offer for sale.

SECTION 29 : D = Dematerialised form.

SECTION 30 : A = Advertisement of prospectus.

 

Other sections ( sorry no memory technique for it.  You have to remember it.)

SECTION 31 : Shelf prospectus.

SECTION 32 : Red herring prospectus.

SECTION 33 : Abridged prospectus.

SECTION 34 : Criminal liability for misstatement in prospectus.

SECTION 35 : Civil liability.




5)    Premium members of discount dekar sweat equity shares or pref.share issue kiya.

SECTION : 52 = Application of premium received on issue of shares.

SECTION : 53 = Prohibition on issue of shares at discount.

SECTION : 54 = Issue of sweat equity shares.

SECTION : 55 = Issue and redemption of pref.share.

 

Note :  definition of member given under section 2 ( 55) of companies act 2013

 

SECTION  MAP :  

SECTION : 61 = ALTERATION OF SHARE CAPITAL.

SECTION : 62 = FURTHER ISSUE OF SHARE CAPITAL.

SECTION : 63 = ISSUE OF BONUS SHARES.

SECTION : 64 = NOTICE TO REGISTRAR FOR ALTERATION OF SHARE CAPITAL.

SECTION : 65 = UNLIMITED COMPANY TO PROVIDE FOR RESERVE SHARE CAPITAL ON CONVERSION INTO LIMITED COMPANY.

SECTION : 66 = REDUCTION OF SHARE CAPITAL.

SECTION : 67 = RESTRICTIONS ON PURCHASE BY COMPANY.

SECTION : 68 TO 70 = BUY BACK RELATED PROVISION.

SECTION : 71 TO 72 = DEBENTURE/ POWER TO NOMINATE.

SECTION : 73 TO 76 = PUBLIC DEPOSITE.

SECTION : 77 TO 87 = CHARGE.

 

NOTE :  ALMOST 40+ SECTIONS COVERED UNDER THIS POST.

 

IF YOU WANT DOWNLOAD THESE MEMORY TECHNIQUES IN PDF FORM :  

CLICKHERE.


Note down the techniques in your sheet. And always keep practice and revise on weekly basis. Gradually you will remember all the sections of company law.

 

IF you like it please share it with your friends and groups. And if you want 2nd part of memory technique of company law. Then do comment.

Thank you so much.

Happy learning.

Let’s get successful together.


4 comments:

  1. Yes. Please provide me second part of this.. Its awesome

    ReplyDelete
    Replies
    1. Sure sir thank you for response. Follow our blog to get more updates like this. And we are working on 2nd part

      Delete
    2. Thank you so muchh..very helpful..

      Delete

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