COMPARISION TABLE F OF THE COMPANIES ACT,

2013 & TABLE A OF THE COMPANIES ACT, 1956

S. Basis Table F of the Table A of Di erence

No Companies the
Act, 2013 Companies
Act, 1956

1 Issue of Within 2 months No such Now the

share after provisions Company has
certi cate in incorporation to issue share
case of certi cate
allotment to within 2
subscribers months after
incorporation
to its
subscribers

2 Issue of Within 2 months Within 3 Now the

share after allotment months Company has
certi cate in of shares after to issue share
case of allotment of certi cate
allotment of shares within 2
shares months after
allotment of
shares

3 Issue of Within 1 month Within 2 Now the

share after the months Company has
certi cate in application for after the to issue share
case of the registration application certi cate
registration of transfer or for the within 1
of transfer or transmission registration month after
transmission of transfer the
or application
transmission for the
registration
of transfer or
transmission

4 Fees for Rs. 20/- for each Rs. 1/- for Now
issuance of certi cate each Company can
several share beyond the rst certi cate issue several
certi cates after the share
rst. certi cates
upon
payment of
 Rs. 20/- each.

5 Fees for On payment of On payment Now

issuance of fees of Rs. 20/- of maximum Company
duplicate per duplicate fees of Rs. may charge
share share certi cate 2/- per maximum
certi cate in certi cate fees of Rs.
case defaced, 20/- for issue
lost, of fresh share
destroyed & certi cate in
torn etc. case of
defaced, lost,
destroyed &
torn etc.

6 Issue and At the discretion No such Now Board of

allotment of of Board of provisions Directors
shares at Directors have power
par/premium to issue and
allot the
shares at
par/premium

7 Default rate 10% p.a 5% p.a Now

of interest to Company can
be levied on charge 10%
call- in- interest on
arrears call-in-
arrears

8 Default rate 12% p.a 6% p.a Now

of interest to Company has
be paid on to pay 12%
call- in- interest on
advance call-in-
advance

9 Transmission No such Now in case

Nominee
of shares in provisions of One
will be
case of One Person
entitled
person Company,
to the
Company nominee will
title of
be entitled
the
for title,
Shares
dividends,
Nominee
rights and
will be
liabilities.
entitled
 for
dividends,
rights and
liabilities.
becoming
member,
such
nominee
shall
nominate
any other
person
with the
prior
written
consent
of such
person
who, shall
in the
event of
the death
of the
member,
become
the
member
of the
company

10 E-Voting A member may No such Now

exercise his vote provisions Company can
at a meeting by provide e-
electronic voting
means in facilities to
accordance with its members.
section 108 and
shall vote only
once.

11 Power for Nothing is The Nothing is

company to mentioned company mentioned
have o cial about may about
seal for use maintenance of exercise the maintenance
outside o cial seal for powers of o cial
India. conferred by
 use outside section 50 seal for use
India. with regard outside India.
to having an
o cial seal
for use
abroad, and
such powers
shall be
vested in the
Board.

12 Common Its optional for It was As per

Seal Companies to mandatory Companies
have Common for all (Amendment)
Seal Companies Act, 2015,
to have a w.ef.
Common 29.05.2015,
Seal its been
made
optional for a
Company to
have a
Common
Seal.

Contributors:
CS Anita Nair CS Nikitha Sarda

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