Listing of the most viewed sections in the Companies Act for the month of February 2019 based on visitors to our free to use website www.ca2013.com.
Company Law Top 5 Chartbuster sections in January 2019
|Rank in January||Change in Rank||Rank in February||Section reference||Section title|
|1||↔||1||62||Further Issue of Share Capital|
|–||↑||2||12||Registered Office of the Company|
|–||↑||3||90||Investigation of beneficial ownership of shares in certain cases|
|5||↑||4||42||Offer or Invitation for subscription of securities on private placement|
|–||↑||5||179||Powers of the Board|
Section 185 Loan to Directors, etc. and Section 186-Loans and Investments by Companies and Section 188 Related Party Transactions have dropped out of the top 5 and were replaced by section 12, 90 and 179.
LODR Top 5 Chartbuster Regulations in January 2019
|Rank in January||Change in Rank||Rank in February||Regulation reference||Regulation Title|
|3||↑||1||17||Board of Directors|
|1||↓||3||30||Disclosure of Events or Information|
|–||↑||4||4||Principles governing disclosures and obligations|
|–||↑||5||23||Related Party Transactions|
Regulation 33-Financial Results, Regulation 18 Audit Committee and Regulation 2-Definitions have dropped out of the 5 list and were replaced by Regulations 34, 4 and 23.
IB Code Top 5 Chartbusters in January 2019
|Rank in January||Change in Rank||Rank in February||Section||Section Title|
|–||↑||1||9||Application for initiation of corporate insolvency resolution process by operational creditor|
|1||↔||3||7||Initiation of corporate insolvency resolution process by financial creditor.|
|–||↑||4||59||Voluntary liquidation of corporate persons|
|5||↓||5||21||Committee of Creditors|
Section 6 Persons who may initiate corporate insolvency resolution process, Section 12-Timelimit for completion of Insolvency process and Section 30 Submission of Resolution Plan dropped out of the top 5 list and were replaced by Section 9, 5 and 59.
As many of you may be aware, we provide a free to use website that provides an integrated view of the Companies Act, LODR and IB code. Over the last three years, this site has generated good traction with 3000+ individuals registering for getting updates and attracts around 2000 users viewing more than 5000 pages a day, every working day to be more precise. As professionals take a break during the weekend, the website viewership is also lower; more pronounced on Sundays, than on Saturdays.