Most of the private limited companies in India being closely held companies do not worry a lot about the compliances related to the companies act, but this could become really serious since the new companies act has lot of penal sections.This also me
CORPORATE SOCIAL RESPONSIBILITY INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept
Arjuna (Fictional Character): Krishna, many companies are worried, as they will have to submit new return about deposits and loans before 30th June 2014, as stated
PROVISIONS RELATING TO ACCEPTANCE OF PUBLIC DEPOSITS BY COMPANIES UNDER COMPANIES ACT, 2013 MEANING OF DEPOSIT UNDER COMPANIES ACT, 2013 As per Section 2(31), Deposit includes any receipt of money by way of deposit or lo
Key Changes Under The Companies Act, 2013 BOARD MEETINGS 1. Time limit prescribed for holding first board meeting. First Board meeting to be held within 30 days of incorporation. [Section 173(1)] 2. Minimum number of meetings to be held in a year: &b
Functions and Powers Companies Act 2013 provides for establishment of a Serious Fraud Investigation Office (SFIO) to investigate into the affairs of the Company on an order by the Central Government and where any case has been assigned to the SFIO, n
Normally, the company may provide e-voting facility through NSDL or CDSL as an alternative, for all the shareholders of the company to enable them to casttheir votes electronically on the resolutions mentioned in the notice of the general meeting.
Applicability: Every listed company and every other public company having paid up share capital of Rs.10 Crores or more shall have the following whole-time Key Managerial Personnel (KMP), (i) Managing Director (MD) or Chief Executive Office
Rule 1- Short title and Commencement: These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. They shall come into
Section 110 of the Companies Act,2013 and Rule 22 of the Companies (Management and Administration ) Rules,2014 deals with Postal Ballot. Postal Ballot Business: A company shall transact the following business only by means of Postal Ballo