2 July 2014

Cap of Companies Act 2013 with various provisions


Secretarial Audit

1.All Listed Companies
2. Every public having paid up share capital of 50 Crore or more
3. Every public company having a turnover of 250 crore rupees or more
 

Women Director

All Listed Companies
Every other Public Companies whose:
1. Paid up share Capital is 100 Crore or more.
2. Turnover is 300 crore or more.
 

Independent Director

All Listed Companies
Every other Public Companies whose:
1. Paid up share Capital is 10 Crore or more.
2. Turnover is 100 crore or more.
3.outstanding loan, deposit,debenture exceed 50 crore or more.
 

 Key managerial person

All Listed Companies
Every other Public Companies whose:
1. Paid up share Capital is 10 Crore or more.
2. One Person cant hold office of KMP in more than one company, if he is holding than he has to choose one comapny within six of commencement of section in which he wish to continue

Audit committee

All Listed Companies
Every other Public Companies whose:
1. Paid up share Capital is 10 Crore or more.
2. Turnover is 100 crore or more.
3.Outstanding loan, deposit,debenture exceed 50 crore or more.

Remuneration committee

All Listed Companies
Every other Public Companies whose:
1. Paid up share Capital is 10 Crore or more.
2. Turnover is 100 crore or more.
3.Outstanding loan, deposit,debenture exceed 50 crore or more.

Corporate Social Responsibility Committee

Every Company whose networth is 500 crore or more
or
turnover of 1000 crore or more
or
net profit of 5 crore or more

Stakeholders relationship committee

Every Company having more than 1000 shareholders, debenture-holders, depositholders and any other securityholders at any time during a financial year.

Company Secretary

All Companies (Public & Private) whose paid up share capital is 5 Crore or more.

Internal Audit

All Listed Companies
All Unlisted Public Companies whose:
1. Paid up share capital is 50 Crore or more in the preceding F.Y
2. Turnover is 200 crore or more during preceding F.Y.
3. Borrowing or loans from bank or PFI exceeding 100 crore or more at any time during preceding F.Y
4. Deposits are 25 crore or more at anytime  during preceding F.Y

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