In this post you will find all the various important sections in Company Law for IPCC students of May 2016 and onwards. This is of course in relation to the Companies Act, 2013. Forgive me for the poor formatting as I cannot help it. I simply do not have enough time right now to make this brief revision look cool and attractive (because I am also giving IPCC exam this time)
. Having said that, I do believe it is readable and looks reasonably systematic. Anyways, enough of this. Go ahead and have a read.
| Name of Rules | Initials of the Form Numbers |
| The Companies (Incorporation) Rules, 2014 | INC |
| The Companies (Prospectus and Allotment of Securities) Rules, 2014 Companies (Issue of Global Depository Receipts) Rules, 2014 | PAS |
| The Companies (Share Capital and Debentures) Rules, 2014 | SH |
| The Companies (Acceptance of Deposits) Rules, 2014 | DPT |
| The Companies (Registration of Charges) Rules, 2014 | CHG |
| The Companies (Management and Administration) Rules, 2014 | MGT |
| Section No. | Particulars | Provisions effective from |
| Chapter I – Preliminary (including Definitions) | ||
| 1 | Short Title, extent, commencement and application | 30-Aug-13 |
| 2(1) | Abridged Prospectus | 12-Sep-13 |
| 2(5) | Articles | 12-Sep-13 |
| 2(6) | Associate Company | 12-Sep-13 |
| 2(8) | Authorized Capital | 12-Sep-13 |
| 2(10) | Board of Directors or Board | 12-Sep-13 |
| 2(11) | Body Corporate or Corporation | 12-Sep-13 |
| 2(12) | Book and Paper and book or paper | 12-Sep-13 |
| 2(13) | Books of account | 1-Apr-14 |
| 2(15) | Called- up capital | 12-Sep-13 |
| 2(16) | Charge | 12-Sep-13 |
| 2(18) | Chief Executive Officer | 12-Sep-13 |
| 2(19) | Chief Financial Officer | 12-Sep-13 |
| 2(20) | Company | 12-Sep-13 |
| 2(27) | Control | 12-Sep-13 |
| Except Sub-clause(iv) | ||
| 2(30) | Debenture | 12-Sep-13 |
| 2(31) | Deposit | 1-Apr-14 |
| 2(32) | Depository | 12-Sep-13 |
| 2(33) | Derivative | 12-Sep-13 |
| 2(34) | Director | 12-Sep-13 |
| 2(35) | Dividend | 12-Sep-13 |
| 2(36) | Document | 12-Sep-13 |
| 2(37) | Employees Stock Option | 12-Sep-13 |
| 2(38) | Expert | 12-Sep-13 |
| 2(40) | Financial Statement | 12-Sep-13 |
| 2(41) | Financial year | 1-Apr-14 |
| 2(42) | Foreign Company | 1-Apr-14 |
| 2(43) | Free reserves | 12-Sep-13 |
| 2(44) | Global Depository Receipt | 12-Sep-13 |
| 2(45) | Government Company | 12-Sep-13 |
| 2(46) | Holding Company | 12-Sep-13 |
| 2(48) | Indian Depository Receipt | 1-Apr-14 |
| 2(50) | Issued Capital | 12-Sep-13 |
| 2(55) | Member | 12-Sep-13 |
| 2(56) | Memorandum | 12-Sep-13 |
| 2(57) | Net worth | 12-Sep-13 |
| 2(59) | Officer | 12-Sep-13 |
| 2(60) | Officer who is in default | 12-Sep-13 |
| 2(62) | One Person Company | 1-Apr-14 |
| 2(63) | Ordinary or Special Resolution | 12-Sep-13 |
| 2(64) | Paid up Share Capital | 12-Sep-13 |
| 2(65) | Postal Ballot | 12-Sep-13 |
| 2(68) | Private Company | 12-Sep-13 |
| 2(69) | Promoter | 12-Sep-13 |
| 2(70) | Prospectus | 12-Sep-13 |
| 2(71) | Public Company | 12-Sep-13 |
| 2(72) | Public financial institution | 12-Sep-13 |
| 2(76) | Related party | 12-Sep-13 |
| 2(77) | Relative | 12-Sep-13 |
| 2(81) | Securities | 12-Sep-13 |
| 2(84) | Share | 12-Sep-13 |
| 2(85) | Small Company | l-Apr-14 |
| 2(86) | Subscribed Capital | 12-Sep-13 |
| 2(87) | Subsidiary Company Or Subsidiary except proviso and Explanation (d) | 12-Sep-13 |
| Explanation (d) relating to layer of subsidiaries | 1-Apr-14 | |
| 2(88) | Sweat Equity Shares | 12-Sep-13 |
| 2(89) | Total Voting power | 12-Sep-13 |
| 2(91) | Turnover | 12-Sep-13 |
| 2(93) | Voting Right | 12-Sep-13 |
| Chapter II – Incorporation of Company and Matters Incidental thereto | ||
| 3 | Formation of Company | 1-Apr-14 |
| 4 | Memorandum | 1-Apr-14 |
| 5 | Articles | 1-Apr-14 |
| 6 | Act to override memorandum, articles etc. | l-Apr-14 |
| 7 | Incorporation of Company except sub-section (7) | 1-Apr-14 |
| 8 | Formation of company with charitable objects, etc. except subsection (9) | 1-Apr-14 |
| 9 | Effect of registration | 1-Apr-14 |
| 10 | Effect of memorandum and articles | 1-Apr-14 |
| 12 | Registered office of company | 1-Apr-14 |
| 13 | Alteration of Memorandum | 1-Apr-14 |
| 14 | Alteration of Articles except second proviso to sub-section (1) and sub-section (2) | 1-Apr-14 |
| 15 | Alteration of memorandum or articles to be noted in every copy | 1-Apr-14 |
| 16 | Rectification of name of company | 1-Apr-14 |
| 17 | Copies of memorandum, articles, etc., to be given to members | 1-Apr-14 |
| 18 | Conversion of companies already registered | l-Apr-14 |
| 19 | Subsidiary company not to hold shares in its holding company | 12-Sep-13 |
| 20 | Service of Documents | l-Apr-14 |
| 21 | Authentication of documents, proceedings and contracts | 12-Sep-13 |
| 22 | Execution of bills of exchange etc. | 12-Sep-13 |
| Chapter III- Prospectus and Allotment of securities | ||
| Part I- Public offer | ||
| 23 | Public offer and private placement except clause (b) of subsection (1) & sub-section (2) | 12-Sep-13 |
| Clause (b) of sub-section (1) & sub-section (2) – provision relating issue of securities by private and public companies through private placement | 1-Apr-14 | |
| 24 | Power of SEBI to regulate issue and transfer of securities | 12-Sep-13 |
| 25 | Document containing offer of securities for sale to be deemed prospectus except sub-section (3) | 12-Sep-13 |
| Provisions of sub-section (3) | 1-Apr-14 | |
| 26 | Matters to be stated in prospectus | 1-Apr-14 |
| 27 | Variation in terms of contract or objects in prospectus | 1-Apr-14 |
| 28 | Offer of sale of shares by certain members of company | 1-Apr-14 |
| 29 | Public offer of securities to be in dematerialised form | 12-Sep-13 |
| 30 | Advertisement of prospectus | 12-Sep-13 |
| 31 | Shelf prospectus | 12-Sep-13 |
| 32 | Red herring prospectus | 12-Sep-13 |
| 33 | Issue of application forms for securities except sub-section (3) | 12-Sep-13 |
| Provision of sub-section (3) | 1-Apr-14 | |
| 34 | Criminal liability for misstatements in prospectus | 12-Sep-13 |
| 35 | Civil liability for misstatements in prospectus except clause (e) of sub-section (1) | 12-Sep-13 |
| Clause (e) of sub-section (1) – provisions relating to liability of an expert | 1-Apr-14 | |
| 36 | Punishment for fraudulently inducing persons to invest money. | 12-Sep-13 |
| 37 | Action by affected persons | 12-Sep-13 |
| 38 | Punishment for personation for acquisition, etc., of securities | 12-Sep-13 |
| 39 | Allotment of securities by company except sub-section (4) | 12-Sep-13 |
| Sub-section (4) – provisions relating to filing of return of allotment | 1-Apr-14 | |
| 40 | Securities to be dealt with in stock exchanges except subsection (6) | 12-Sep-13 |
| Sub-section (6) – provisions relating to payment of commission | l-Apr-14 | |
| 41 | Global Depository Receipt | 1-Apr-14 |
| Part II- Private Placement | ||
| 42 | Offer or invitation for subscription of securities on private placement | 1-Apr-14 |
| Chapter IV – Share Capital and Debentures | ||
| 43 | Kinds of share capital | 1-Apr-14 |
| 44 | Nature of shares or debentures | 12-Sep-13 |
| 45 | Numbering of shares | 12-Sep-13 |
| 46 | Certificate of shares | 1-Apr-14 |
| 47 | Voting rights | 1-Apr-14 |
| 49 | Calls on shares of same class to be made on uniform basis | 12-Sep-13 |
| 50 | Company to accept unpaid share capital, although not called up | 12-Sep-13 |
| 51 | Payment of dividend in proportion to amount paid-up | 12-Sep-13 |
| 52 | Application of premiums received on issue of shares | 1-Apr-14 |
| 53 | Prohibition on issue of shares at discount | 1-Apr-14 |
| 54 | Issue of sweat equity shares | 1-Apr-14 |
| 55 | Issue and redemption of preference shares except sub-section (3) | 1-Apr-14 |
| 56 | Transfer and transmission of securities | 1-Apr-14 |
| 57 | Punishment for personation of shareholder | 12-Sep-13 |
| 58 | Refusal of registration and appeal against refusal | 12-Sep-13 |
| 59 | Rectification of register of members | 12-Sep-13 |
| 60 | Publication of authorized, subscribed and paid-up capital | 12-Sep-13 |
| 61 | Power of limited company to alter its share capital except proviso to 61(l)(b) | 1-Apr-14 |
| 62 | Further issue of share capital except sub-sections(4) to (6) | l-Apr-14 |
| 63 | Issue of bonus shares | 1-Apr-14 |
| 64 | Notice to be given to Registrar for alteration of share capital | 1-Apr-14 |
| 65 | Unlimited company to provide for reserve share capital on conversion into limited company | 12-Sep-13 |
| 67 | Restriction on purchase by company or giving of loans by it for purchase of its shares | 1-Apr-14 |
| 68 | Power of company to purchase its own securities | 1-Apr-14 |
| 69 | Transfer of certain sums to capital redemption reserve account | 12-Sep-13 |
| 70 | Prohibition for buy-back in certain circumstances except subsection (2) | 12-Sep-13 |
| Sub-section (2) – prohibition for buy-back in certain circumstances | 1-Apr-14 | |
| 71 | Debentures except sub sections (9) to (11) | 1-Apr-14 |
| 72 | Power to nominate | 1-Apr-14 |
| Chapter V – Acceptance of Deposits by companies | ||
| 73 | Prohibition on acceptance of deposits from public | 1-Apr-14 |
| 74 | Sub section (1) of section 74 – Repayment of deposits, etc., accepted before commencement of this Act | 1-Apr-14 |
| 76 | Acceptance of deposits from public by certain companies | 1-Apr-14 |
| Chapter VI – Registration of Charges | ||
| 77 | Duty to register charges ,etc. | l-Apr-14 |
| 78 | Application for registration of charge | l-Apr-14 |
| 79 | Section 77 to apply in certain matters | l-Apr-14 |
| 80 | Date of notice of charge | l-Apr-14 |
| 81 | Register of charges to be kept by Registrar | l-Apr-14 |
| 82 | Company to report satisfaction of charge | l-Apr-14 |
| 83 | Power of Registrar to make entries of satisfaction and release in absence of intimation from company | l-Apr-14 |
| 84 | Intimation of appointment of receiver or manager | 1-Apr-14 |
| 85 | Company’s register of charges | 1-Apr-14 |
| 86 | Punishment for contravention | 12-Sep-13 |
| 87 | Rectification by Central Govt, in register of charges | 1-Apr-14 |
| Chapter VII – Management and Administration | ||
| 88 | Register of members, etc. | 1-Apr-14 |
| 89 | Declaration in respect of beneficial interest in any share | 1-Apr-14 |
| 90 | Investigation of beneficial ownership of shares in certain cases | l-Apr-14 |
| 91 | Power to close register of members or debenture holders or other security holders | 12-Sep-13 |
| 92 | Annual return | 1-Apr-14 |
| 93 | Return to be filed with Registrar in case promoter’s stake changes | 1-Apr-14 |
| 94 | Place of keeping and inspection of registers, returns, etc. | l-Apr-14 |
| 95 | Registers, etc., to be evidence | 1-Apr-14 |
| 96 | Annual general meeting | l-Apr-14 |
| 100 | Calling of extraordinary general meeting except sub-section (6) | 12-Sep-13 |
| Sub-section (6) – calling of extraordinary general meeting | l-Apr-14 | |
| 101 | Notice of meeting | l-Apr-14 |
| 102 | Statement to be annexed to notice | 12-Sep-13 |
| 103 | Quorum for meetings | 12-Sep-13 |
| 104 | Chairman of meetings | 12-Sep-13 |
| 105 | Proxies except 3rd and 4th proviso to sub section (1) and sub section (7) | 12-Sep-13 |
| 3rd and 4th proviso to sub section (1) and sub section (7) – proxies | l-Apr-14 | |
| 106 | Restriction on voting rights | 12-Sep-13 |
| 107 | Voting by show of hands | 12-Sep-13 |
| 108 | Voting through electronic means | 1-Apr-14 |
| 109 | Demand for poll | 1-Apr-14 |
| 110 | Postal Ballot | 1-Apr-14 |
| 111 | Circulation of Members’ resolution | 12-Sep-13 |
| 112 | Representation of President and Governors in meetings | 12-Sep-13 |
| 113 | Representation of corporations at meeting of companies and of creditors except clause (b) of sub-section (1) | 12-Sep-13 |
| Clause (b) of sub-section (1) – representation of corporations at meeting of companies and of creditors | 1-Apr-14 | |
| 114 | Ordinary and special resolution | 12-Sep-13 |
| 115 | Resolutions requiring special notice | 1-Apr-14 |
| 116 | Resolutions passed at adjourned meeting | 12-Sep-13 |
| 117 | Resolutions and agreements to be filed | 1-Apr-14 |
| 118 | Minutes of proceedings of general meeting, meeting of board of directors and other meeting and resolutions passed by postal ballots | 1-Apr-14 |
| 119 | Inspection of minute books of general meeting except sub section (4) | 1-Apr-14 |
| 120 | Maintenance and inspection of documents in electronic form | 1-Apr-14 |
| 121 | Report of annual general meeting | 1-Apr-14 |
| 122 | Applicability of this Chapter to One Person Company | 1-Apr-14 |
| 179 | Powers of Board | 1-Apr-14 |
| 453 | Punishment for improper use of “Limited” or “Private Limited” | 1-Apr-14 |
| 455 | Dormant Company | 1-Apr-14 |
Well, that is all. Please note that it is your duty to check whether all these sections of the Companies Act, 2013 are 100% correct or not. Also, you must check whether these sections are relevant to your examination or not. I am not liable to any losses suffered by any person relying on these notes. I do not claim to have created this quick revision table containing all the important sections of the Companies Act, 2013 for IPCC students. I am simply sharing with you guys to help you out.
I would urge the students of IPCC to take a print of this post and stick it somewhere in your room (or any other place where you study) and have a glance at it every day. This will help you remember all these sections easily. Doing so is important because to score in Law subject, one must score very very good marks in Company Law and it is easy as well! And if you do not want to do this, at least bookmark this page and visit this page regularly to revise these sections.
Note: You might wanna check out the following posts if you found this post very useful:
Quick Revision of VAT (Value Added Tax)
Trick To Remember The Negative List Of Service Tax
Finally, don’t forget to share this table with your fellow IPCC students. Also, if you know any other tricks or have some tips relating to IPCC, please comment below. And feel free to ask any doubt, if you have any.
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Thank you.
LINK TO THIS POST:
<a href="https://www.theadarshmehta.in/blog/ipcc-company-law-important-sections-revision-quick-summary-may-2016/2016/02">IPCC Company Law All Important Sections Revision (May 16)</a>


Is it updated for IPCC Nov 2016 Exam? And what about Contract and others?
There aren’t many changes in Company Law since May 2016. So I think almost all of them should be correct. However, I would urge you to check them all one by one as you learn them, just to be sure.
And I am sorry, brother, but I do not have any other compiled list of sections for other Acts. You will have to learn them by yourself or find it someplace else.
All the Best of Luck for your exams!
Thank you.
You must change the website’s subject name i.e All Important Sections Revision. In CA all topics are important.
I agree with you Deepthi, that in CA, all topics are important. But in this post, I have shared with you guys ALL the sections of Company Law (I don’t think I missed any) relevant to IPCC exam. What I meant to say is that all these sections are important (and must not be skipped). I did not mean to say that one section is more important than the other. IMPORTANT as in IMPORTANT from the point of view of IPCC examinations, not IMPORTANT as in so IMPORTANT that other things must not be done properly / skipped.
But, if you still think I should remove the keyword “important” from the title of this blog post, please let me know and I will do it!
Also, if you have any other suggestions on how to improve this post, I would be glad to hear them.
Thank you.