Section 217 1 e of companies act 1956 pdf

Information under section 217 1 e of the companies act, 1956, read with the companies disclosure of particulars inthereport ofboard ofdirectors rules, 1988,forms apart ofthe directors report. Personnel employees on deputation from icici securities and. Section 2171 in the companies act, 1956 1 there shall be attached to every balance sheet laid before a company in general meeting, a report by its board of directors, with respect tothe state of the company s affairs. Act, 1956 read with the companies particulars of employees rules, 1975. Section 4 of ca 20 read with rule 8 mandates a number of disclosures such as directors accountability statement, technology absorption etc but it does not specifically contains an equivalent of 2712a of 1956 act.

Chapter xix revival and rehabilitation of sick companies. As stipulated in section 2172aa of companies act, 1956 your directors subscribe to the directors responsibility statement and confirm as under i ii iii iv that in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures. Limits enhanced for disclosure of salary in directors report. Section 25 companies in the companies act, 1956 advisory. Section 217 1 in the companies act, 1956 1 there shall be attached to every balance sheet laid before a company in general meeting, a report by its board of directors, with respect tothe state of the company s affairs. Companies disclosure of particulars in the report of board of. Certificate from auditors of the company regarding. Companies act 1956 section 383a citation 143 bare act. The statement of particulars of employees under section 2172a of the companies act, 1956 and rules framed there under is annexed and form part of this report. The information required pursuant to provisions of section 217 1 e of the companies act, 1956, read with the companies disclosur e of particulars in th e report of board of directors rules, 1988 are set out in th e annexure 1 to this directors report. In the matter of section 2172a and 2173 of the companies act, 1956. Information as per section 2172a of the companies act, 1956.

Membersproxies should bring the attendance slip duly filled in for attending the meeting. The indian rupee equivalents of the figures given in foreign currencies in the accounts of the subsidiary companies, have been given based on the exchange rates as on march 31, 2012. Companies inspection, investigation and inquiry rules 2014. The indian companies act, 1956 basic concept the word. In exercise of the powers conferred by section 642 read with clause e of sub section 1 of section 217 of the companies act, 1956 1 of 1956, the central. The provisions of section 217 1 e of the act relating to conservation of energy and technology absorption do not apply to your company as it is not a manufacturing company. Definitions of company, existing company, private company and public company 4. Shri sunil kumar kulshrestha is director of the company, appointed on the board of the company w.

In exercise of the powers conferred by sub section 2a of section 217 read with clause a of sub section 1 of section 642 of the companies act, 1956 1 of 1956, the central government hereby makes the following rules further to amend the companies particulars of employees rules, 1975. Directors responsibility statement the directors confirm that. The provisions of section 2171 e of the act relating to conservation of energy and technology absorption do not apply to your company as it is not a manufacturing company. Nov 21, 2012 21 november 2012 hi statement showing particulars of employee section 2172a section 2172a of the companies act, 1956 provides that the directors report shall contain information in a statement about employees who are in receipt of remuneration of such sum as may be prescribed, per annum if employed in the whole of the last year or per month if employed for part of the year. Since your company does not own any manufacturing facility, the disclosure of information on other matters required to be disclosed in terms of section 217 1 e of the companies act, 1956 read with the companies. Modification in sections 217e1, 620 of the companies act 1956. Substituted by act 31 of 1988, section 53, for having a paidup share capital of rupees twenty five lakhs or more w. Information pursuant to section 2171 e of the companies act 1956 read with companies disclosures of particulars in the report of board of directors rules, 1988, is as follows. Marico limited 164 statement pursuant to section 212 1 e of the companies act, 1956. Marico limited 164 statement pursuant to section 2121 e of the companies act, 1956. Shareholders updates the board of directors in its meeting held on april 27, 2011 had approved the proposal to change the registered office of the. Here is the pdf file for companies act, 20 and 1956. Various companies have been incorporated under the companies act, 1956. Limits enhanced for disclosure of salary in directors.

Information pursuant to section 217 1 e of the companies act 1956 read with companies disclosures of particulars in the report of board of directors rules, 1988, is as follows. In exercise of the powers conferred by subsection 1 of sectio,i 620 of the companies act. Directors responsibility statement as required by section 2172aa of the companies act, 1956 appears in a preceding paragraph. Section 217 1 e in the companies act, 1956 e 2 the conservation of energy technology absorption, foreign exchange earnings and outgo, in such manner as may be prescribed. Information as per section 2172a of the companies act. In schedule v, in part ii, in section iii, for clause b, b where the company. Conservation of energy, technology absorption, foreign exchange earnings and outgo particulars required under section 2171 e of the companies act, 1956, read. However, the company has used information technology in its operations.

Legislative background the notes on clauses to the companies bill, 2011 read as follows. Information as per section 2172a of the companies act, 1956 read with companies particulars of employees rules, 1975 and. Under section 21711, if in the course of investigation into the. At the beginning of the material itself we have given a table indicating the past examination trends of this subject.

Chapter xiv contains sections 206 to 229 of the companies act, 20, deals with. According to section 3 1 iii as amended by the companies amended act, 2000, a private company means. Explanatory statement pursuant to section 1732 of the companies act, 1956 in respect of item no. Modification in sections 217e1, 620 of the companies. Conservation of energy, technology absorption, foreign exchange earnings and outgo particulars required under section 217 1 e of the companies act, 1956, read. Updated and amended bare acts in pdf format of companies act 1956 and companies act 20. Chapter xviii removal of names of companies from the register of companies.

Details of earnings and expenses in foreign currency are reflected at schedule 14 4 of the financial statements. The company has no particulars to report regarding technology absorption, conservation of energy as required under section 217 1 e of the companies act, 1956 and companies. Considering the nature of activities of the company, the provisions of section 217 1 e of the companies act, 1956 relating to conservation of energy and technology absorption do not apply to the company. According to section 12 of ca 20, this act extends to the whole of india.

The information required under section 2172a of the act and the rules made there under, are given in the annexure appended hereto and forms part of this report. Companies amendment act 3 of 2011 act to provide for the incorporation, registration, organisation and management of companies, the capitalisation of profit companies, and the registration of offices of. This clause corresponds to sections 215, 216 and 217 of the companies act, 1956 and seeks to provide that the financial statement including consolidated financial statements should be approved by the board of directors. There shall be attached to every balance sheet laid before a company in. In this section and sections 387b, 387c, 397 and 401, unless the contrary intention appears financial statements means the financial statements of a company required to be prepared by the accounting standards and, in the case of a parent company, means the consolidated financial statements. In accordance with the provisions of subsection 4 of section 1, the companies. Chapter xxi part i companies authorised to register under this act. Directors report to, axis trustee services limited financial. Information under section 217 1 e of the companies act, 1956 the particulars as prescribed under subsection 1 e of section 217 of the companies act, 1956 read with companies disclosure of particulars in the report of board of directors rules, 1988, the relevant data pertaining to conservation of energy, technology absorption and foreign. Since your company does not own any manufacturing facility, the disclosure of information on other matters required to be disclosed in terms of section 217 1 e of the companies act, 1956 read with the companies disclosure. As per provisions of section 2191biv of the said act, these particulars will be made available to any shareholder on request.

Particulars regarding conservation of energy, technology absorption and foreign exchange earnings and outgo considering the nature of activities of the company, the information required to be disclosed pursuant to the provisions of section 217 1 e of the companies act, 1956. Provisions of part ix a of the companies act, 1956 shall be applicable mutatis mutandis to a producer company in a manner as if the companies act, 1956 has not been repealed. In exercise of the powers conferred by sub section 1 of sectio,i 620 of the companies act. In exercise of the powers conferred under subsection 2 of section 211, subsection 5 of section 211, section 214, subsection 3 of section 210, and subsection 11 of section 217, read with subsections 1 and 2 of section 469 of the companies act, 20 18 of 20 and in supersession of the companies central governments general rules and forms, 1956 or any other relevant.

As per provisions of section 219 1 biv of the said act, these particulars will be made available to any shareholder on request. Section 217 of companies act, 20 procedure, powers. The ministry of corporate affairs has vide notification dated 31 st march 2011 enhanced the limits for the purpose of disclosure of particulars of employees in directors report as requisite under section 217 2a read with companies particulars of employees rules, 1975 from the existing limit of rs. Guidelines for corporate rescue mechanism under division 8 part iii of the companies act 2016 pdf uploaded on 51218 8. Guidelines relating to practising certificate for secretaries under section 241 of the companies act 2016 pdf uploaded. Commencement and applicability of companies act, 20 aubsp. Section 105 of the bank holding company act amendments of 1970 12 u. At the beginning of the material itself we have given a table indicating the past examination trends of. In terms of the requirement of clause e of subsection 1 of section 217 of the companies act, 1956, read with the companies disclosure of particulars in the report of board of directors rules, 1988, the particulars with respect to conservation of energy, technology absorption and foreign exchange earnings and outgo are given as under. May 20, 2009 yes, details of md other employee required to be discloseed under section 217 2a of the companies act, 1956 read with companies particulars of employees rules, 1975 who drawing remuneration in excess of rs.

The title of the act has been provided in subsection 1 of section 1 as the companies act, 20. First reprint 1988, second reprint 1995, third reprint 2000. Since the company does not own any manufacturing facility, the disclosure of information on other matters required to be disclosed in terms of section 2171 e. Information pursuant to section 217 2a of the companies act, 1956 read with the companies particulars of employees rules, 1975 and forming part of the directors report for the year ended 31st march, 20. Companies act 71 of 2008 english text signed by the president assented to. At the time of the commencement of the companies act, 1956 if a subsidiary was the member of its holding company company. Information regarding foreign exchange earnings and outgo is contained in schedule. Companies act 1965 revised 1973 incorporating latest amendment act a1299 2007 first enacted. There shall be attached to every balance sheet laid before a company in general meeting, a report by its board of directors, with respect tothe state of the company s affairs.

Pursuant to section 217 2aa of the companies act, 1956. Auditors registered office chairman bandrakurla complex. He has worked for 25 years as a banker in various capacities. Particulars as per section 217 of the companies act, 1956 the requirements of disclosures in terms of section 2171 e of the companies act, 1956, read with the companies disclosures of the particulars in the report of the board of directors rules, 1988 pertaining to conservation of energy and technology absorption are not applicable to the. In exercise of the powers conferred by subsection 2a of section 217 read with clause a of subsection 1 of section 642 of the companies act, 1956 1 of 1956, the central government hereby makes the following rules further to amend the companies particulars of employees rules, 1975. Section 217 in the companies act, 1956 indian kanoon.

Guidelines for application to reinst ate company under section 555 1 of the companies act 2016 pdf 7. Substituted by notification dated 12th september, 2016. Section 2171 in the companies act, 1956 indian kanoon. Information as per section 2172a of the companies act, 1956 read with companies particulars of employees rules, 1975 and forming part of the directors report a statement showing particulars of employees who were in employment throughout the financial year. Particulars as per section 217 of the companies act, 1956 the requirements of disclosures in terms of section 217 1 e of the companies act, 1956, read with the companies disclosures of the particulars in the report of the board of directors rules, 1988 pertaining to conservation of energy and technology absorption are not applicable to the. Section 293 1d of the companies act, 1956 states that public company and private company which is subsidiary of private company requires the shareholders consent if the company borrows money together with the money already borrowed by the company exceeds paid up capital and free reserves. Companies act 20 section 212 citation 62601 bare act. The company has no particulars to report regarding technology absorption, conservation of energy as required under section 2171 e of the companies act, 1956 and companies. Section 217 of companies act, 20 procedure, powers, etc. Information pursuant to section 2172a of the companies. Information under section 2171 e of the companies act, 1956 the particulars as prescribed under subsection 1 e of section 217 of the companies act, 1956 read with companies disclosure of particulars in the report of board of directors rules, 1988, the relevant data pertaining to conservation of energy, technology absorption and foreign.