Companies Act with Rules by Taxmann – 24th Edition 2025

Description

Companies Act with Rules is a comprehensive and up-to-date reference on the Companies Act 2013 and all the Rules prescribed under it. This Edition is meticulously updated, incorporating the latest amendments, circulars, and notifications. The hallmark of this publication is its detailed annotations under each section, offering clarity on the interconnected provisions, exemptions, enforcement dates, judicial interpretations, and references to relevant forms and Rules.

This book is intended for the following audience:

• Company Law Practitioners & Professionals – Lawyers, Company Secretaries, and Chartered Accountants involved in corporate compliance, advisory, and litigation
• Corporate Executives & In-house Legal Teams – Those responsible for ensuring internal adherence to the Companies Act 2013 and allied regulatory requirements
• Government & Regulatory Bodies – Officials, regulators, and policymakers seeking a consolidated legal reference
• Academics & Researchers – Faculty, students, and researchers specialising in corporate laws and governance

The Present Publication is the 24^th Edition | 2025, updated till 1^st June 2025. This book is edited by Taxmann’s Editorial Board, with the following noteworthy features:

• [Annotated Text of Companies Act 2013] Provisions enriched with thorough notes, references, and cross-links to relevant Rules, Forms, and allied regulations
• [Complete Set of Rules] The text of all Rules formulated under the Companies Act 2013—ranging from Incorporation, Share Capital & Debentures, Accounts & Audit to CSR, Meetings, and beyond
• [Exemptions & Special Provisions] Detailed mention of exemptions available to Private Companies, Government Companies, Nidhis, Section 8 (Charitable) Companies, and companies operating in International Financial Services Centres (IFSCs)
• [References to Notifications & Circulars] Each section is supplemented by a list of corresponding circulars, notifications, and clarifications, ensuring the latest regulatory updates are at your fingertips
• [Judicial Interpretations] Handy compendium of Words & Phrases that have been judicially noticed, providing crucial insights into how courts have interpreted key terms
• [Allied Law References] Cross-references to SEBI Regulations, Secretarial Standards (SS-1 to SS-4), Listing Obligations, and relevant provisions from other allied laws
• [Date of Enforcement] Each provision is accompanied by its date of enforcement, ensuring historical clarity and context
• [Comparison with 1956 Act] Where relevant, references to corresponding provisions under the Companies Act 1956 are provided
• [User-friendly Approach] Bold headings, clear subheadings, and margin notes for swift navigation

The coverage of the book is as follows:

• Initial Framework & Exemptions
  • Exhaustive lists of rules/regulations, both chronologically and alphabetically
  • Exemptions applicable to different classes of companies: Private, Section 8, Nidhis, Government Companies, and those operating under IFSC licenses
• Companies Act 2013 – Annotated Text
  • Arrangement of Sections (Companies Act 2013) – A convenient summary of sections in the order they appear in the Act
  • Annotations – Each section is explained with:
    • Relevant sub-rules, forms, and definitions
    • Gist of circulars and notifications that impact the interpretation or application of that section
    • Exemptions available to specific types of companies
    • Date of Enforcement
    • Comparison with parallel 1956 Act provision
    • References to judicially interpreted words/phrases
    • Cross-links to other laws and Secretarial Standards, providing a holistic view
  • Appendix I – Provisions of other Acts that intersect with the Companies Act 2013
  • Appendix II – A curated list of Words & Phrases judicially noticed
• Rules Framed Under the Act
  • Key to Prescribed Forms – Index of forms used across various compliance and reporting obligations
  • Compilation of All Rules – From Companies (Incorporation) Rules 2014 to Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules 2024 and beyond. Each rule is presented in a structured format, enabling quick reference and compliance checks
  • Recently Introduced & Updated Rules – Includes rules on Producer Companies, Valuation, layers of subsidiaries, and the newly introduced or revised rules for IFSCs
• Circulars & Notifications
  • A dedicated section collates relevant circulars and notifications under the Companies Act 2013, cross-linked with the sections to which they relate. This ensures you stay current on all Ministry of Corporate Affairs updates and clarifications

The structure of the book is as follows:

• Preliminary Material – Lists, indexes, and quick references to help locate the relevant rule or section
• Principal Act (Companies Act 2013) – Section-by-section commentary, arranged sequentially with embedded annotations, references, and commentary
• Appendices – Supplemental resources, including references to older legislation, definitions, and judicial interpretations
• Rules Compendium – All Rules are organised logically, mirroring the structure and headings of the legislative text
• Notifications & Circulars – Chronological compilation for easy tracking of regulatory changes
• Subject Index – A well-curated subject index spanning from basic definitions to advanced legal concepts, facilitating quick look-ups and cross-referencing