COMPANES ACT 2013 FOR LISTED COMPANIES summary

1. CIN in letter heads

2. Compulsory closer of deb holder register min 45 days (30 days at

a stretch) 7 days prior intimate to stock exchange

3. Must be Annual return certified by CS in Form MGT-8

4. Shareholding of promoter or TOP 10 shareholders more than 2%,

then ROC filing within 15 days

5. Shorter notice of general meeting requires at least 95% member

consent (before 100% for AGM now 95%)

6. E voting to member with tie up with NSDL or CDSL

7. Effect of AGM filed with ROC within 30 days of the AGM

8. Compulsory CFS as per AS 21 laid before members

9. Now CA2013 itself the appointment of an internal auditor (before

CARO) may be a CA or CMA employee or not (6 month from

notifying)

10. Audit firm appointment 5 years (within 3 years)

11. One woman director in must (within 1 year)

12. Stay in India min 182 days for resident director

13. 1/3 of total as independent directors & MD/WTD/NOMINEE

are notnotnotnot independent directors (within 1 year)

14. Directors max 20 directors (pubic only 10) private and

alternate are included (within 1 year)

15. Min 1 meeting must attend in 12 calendar months

16. If a Director resigns should file e form DIR11 within 30days

17. Board meeting through video conferencing

18. Audit committee min 3 directors, majority as independent

(within 1year)

19. A vigil mechanism for directors or employees to audit

committee about fraud/mail practices

20. Remuneration committee 3 or more non executive at least

50% independent

21. Policy related to the remuneration of DR/KMP/employee

recommend by the board

22. No loan/book debt/guarantee to DR/other person as

interested

23. Max 2 layers of investment company for investment

24. Term max 5 years to MD/WTD/MANAGER

25. KMP as MD/MANGER/CEO/WTD/CS/CFO

26. Board report annex to secretarial audit report

GANESAN.V

Ganesanraman2011@gmail.com