Comparative Analysis of Meetings under Companies Act, 2013 & Companies Act, 1956

Tanya Agarwal, Research Associate

  1. Section 114(1) Companies Act 2013 []
  2. Section 114(2)(c) Companies Act 2013 []
  3. Section 166(2)Companies Act, 1956 provided that: (a) a public company or a private company which is a subsidiary of a public company, may by its articles fix the time for its annual general meetings and may also by a resolution passed in one annual general meeting fix the time for its subsequent annual general meetings; and (b) a private company which is not a subsidiary of a public company, may in like manner and also by a resolution agreed to by all the members thereof, fix the times as well at the place for its annual general meeting. []
  4. The Parliamentary Committee Report on the Companies Bill, 2011, available at http://www.scribd.com/doc/99565110/Parliamentary-Committee-Report-Lok-Sabha-on-Companies-Bill-2011. (Last visited 17th October, 2013). []
  5. Section 97(1) Companies Amendment Act, 2013 []
  6. Section 167(1) Companies (Second Amendment) Act, 2002. The 2002 amendment vested power in the tribunal in case of revival of a sick industrial company. []
  7. Section 285 of the Companies Act, 1956 dealt with Board meetings. []
  8. Provided that the Central Government may, by notification, specify such matters which shall not be dealt with in a meeting through video conferencing or other audio visual means. []
  9. Under both Section 287 Companies Act, 1956 and Section 174(1) of Companies Act, 2013 the quorum for a meeting of the Board of Directors of a company shall be one third of its total strength or two directors, whichever is higher. []
  10. Section 174(1) Companies Amendment Act, 2013 []

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  • Padma Shree

    This was indeed a great write up covering a detailed analysis. Thank you so much for publishing great content.