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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Prohibition on forward dealings in securities of company by ...


Section 194 Omitted: Directors and Key Managers No Longer Banned from Forward Securities Deals under Companies Act 2013.

January 10, 2018

Act Rules     Companies Law

Prohibition on forward dealings in securities of company by director or key managerial personnel - Section 194 of the Companies Act, 2013 omitted.

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  1. Delegation by Central Government of its powers and functions - Consequential amendment since section 194 and section 195 relating to forward dealing and insider trading...

  2. Prohibition on insider trading of securities - Section 195 of the Companies Act, 2013 omitted.

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  8. Appointment of managing director, whole-time director or manager - Section 196 of the Companies Act, 2013 - Amendments came into force w.e.f. 12.9.2018

  9. SEBI has clarified that under Regulation 6(1) of the LODR Regulations, the term "one level below the board of directors" refers to the Compliance Officer's position...

  10. TDS liability during the pendency of CIRP proceedings - Whether the provisions of u/s 194-IA of the Income Tax Act, 1961 are inconsistent with Section 53 (1) (e) of the...

  11. Liability to deduction of TDS under Section 194(A) - whether the chit dividend paid by the assessee to its customers would not amount to interest as defined under...

  12. Disqualification of a director of the financial creditor to sign the Section 7 application was challenged. The application u/s 7, signed by the director of the financial...

  13. Dishonor of Cheque - insufficiency of funds - requirement to issue separate notice to manager or not - Admittedly, in this case, the liability of the petitioner company...

  14. TDS u/s 194 - Deemed dividend u/s 2(22)(e) - when the loans/advances have been given to a non shareholder, then it is impossible for a payer company to ascertain...

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