i just forwarding few provisions of companies bill 2011

1. BY C S A RENGARAJAN

2. REGISTERED OFFICE
 AFTER INCORPORATION, WITHIN 15 DAYS
COMPANY HAS TO DECIDE ABOUT THEIR
REGISTERED OFFICE CAPABLE OF
ACKNOWLEDGING OR RECEIVING ALL
COMMUNICATIONS.
 THE COMPANY SHALL FURNISH TO THE
REGISTRAR VERIFICATION OF ITS REGISTERED
OFFICE WITHIN 30 DAYS OF ITS
INCORPORATION

3. COPIES OF MOA AND AOA ETC TO ITS MEMBERS
 WITHIN 7 DAYS OF THE REQUEST FROM THE
MEMBERS, THE COMPANY HAS TO SEND COPY
OF THE EACH DOCUMENT i.e MOA, AOA or
EVERY AGREEMENT OR EVERY RESOLUTION AS
MENTIONED IN SUB SECTION (1) OF SECTION 117
 DEFAULT SHALL BE LIABLE FOR EACH DEFAUT ,
TO A PENALTY OF ONE THOUSAND RUPEES FOR
EACH DAY DURING WHICH DEFAULT
CONTINUES OR ONE LAKH RUPEES, WHICHEVER
IS LESS

4. DEMAT OF SECURITIES FOR PUBLIC OFFER
 AS PER COMPANIES BILL CLAUSE 29 PROVIDES
THAT EVERY COMPANY MAKING PUBLIC OFFER
OR EVERY OTHER CLASS OR CLASSES OF PUBLIC
COMPANIES AS MAY BE PRESCRIBED SHALL
ISSUE ONLY DEMATERIALISED FORM
 ANY OTHER COMPANY MAY CONVERT ITS
SECURITIES IN DEMAT FORM ( VOLUNTARILY AS
PER THE PROVISION OF COMPANIES ACT AND
DEPOSITORIES ACT, 1996)

5. APPLICATION FORM FOR IPO
 APPLICATION FORMS SHALL ACCOMPANY
ABRIDGED PROSPECTUS AS PER SUB CLAUSE 1 OF
CLAUSE 33 OF COMPANIES BILL 2011.

6. MIS STATEMENTS IN PROSPECTUS
 Where a prospectus, issued, circulated or distributed
under this Chapter, includes any statement which is
untrue or misleading in form or context in which it is
included or where any inclusion or omission of any
matter is likely to mislead, every person who
authorises the issue of such prospectus shall be liable
under section 447

7. GLOBAL DEPOSITORY RECEIPT
 AS PER CLAUSE 41 OF COMPANIES BILL, EVERY
COMPANY AFTER PASSING SPECIAL RESOLUTION
IN ITS GENERAL MEETING ISSUE DEPOSITORY
RECEIPT IN ANY FOREIGN COUNTRY IN SUCH
MANNER SUBJECT SUCH TERMS AND
CONDITIONS AS MAY BE PRESCRIBED.
 THE GOVERNMENT WILL COME OUT RULES FOR
THE SAME IN FUTURE.

8. EQUITY SHARE CAPITAL
 TWO KINDS OF EQUITY SHARE CAPITAL
 WITH VOTING RIGHTS
 WITH DIFFERENTIAL RIGHTS AS TO DIVIDEND
OR VOTING RIGHTS OR OTHERWISE IN
ACCORDANCE WITH RULES AS MAY BE
PRESCRIBED CLAUSE 43 (A)

9. NATURE OF SHARES OR DEBENTURES
 The shares or debentures or other interest of any
member in a company shall be movable property
transferable in the manner provided by the articles of
the company. CLAUSE 44
 COMMENTS: WE SHOULD SPECIFICALLY TO
PROVIDE IN THE ARTICLES OF ASSOCIATION
ABOUT TRANSFERABILITY

10. CERTIFICATE OF SHARES
 CERIFICATE ISUED BY A COMPANY AFFIX ITS
COMMON SEAL SPECIFYING NO OF SHARES
HELD BY A MEMBER IS PRIMA FACIE EVIDENCE
OF THE TITLE OF THE PERSON TO SUCH SHARES

11. DUPLICATE SHARE CERTIFICATE
 CLAUSE 46 (2) PROVIDES THAT DUPLICATE
SHARE CERTIFICATE CAN BE ISSUE FOR THE
FOLLOWING REASONS
 (a) is proved to have been lost or destroyed; or
 (b) has been defaced, mutilated or torn and is
surrendered to the company