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 3500+ individuals registering for getting updates and attracts around 3000 users viewing more than 6000 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.
Listing of the most viewed sections in the Companies Act for the month of July 2019 based on visitors to our free to use website www.ca2013.com.
Company Law Top 5 Chartbuster sections in July 2019
|Change in Rank||Rank July||Section ref.||Section title|
|2||↑||1||134||Financial Statement, Board’s Report etc.|
|3||↑||2||139||Appointment of Auditors|
|4||↑||3||149||Company to have Board of Directors|
|–||↑||4||135||Corporate Social Responsibility|
|1||↓||5||73||Prohibition of Acceptance of Deposits from Public|
Section 135 is the only new entrant in the top 5 list. It replaces Section 76 Acceptance of Deposits from public by certain companies.
LODR Top 5 Chartbuster Regulations in July 2019
|Rank June||Change in Rank||Rank July||Regulation ref.||Regulation Title|
|3||↑||1||30||Disclosure of Events or Information|
|1||↓||2||17||Board of Directors|
|2||↓||5||23||Related Party Transactions|
Only Regulation 33 is a new entrant for the month. All the other four regulations retain their position in the top 5 with only changes in their position.
IB Code Top 5 Chartbusters in July 2019
|Rank June||Change in Rank||Rank
|4||↑||1||7||Initiation of corporate insolvency resolution process by financial creditors|
|–||↑||4||21||Committee of Creditors|
Only Section 7 retains its position in the top 5, all the four sections are new entrants.