Companies Act,1956 Companies Act,2013 16 Schedules 7 Schedules The Companies Act,2013 has skips the following schedules ; Schedule Particulars Remarks IA List o
Applicability: If the company has Net Worth of Rs. 500 crore In any of the closure of FY in 2013-14, 2012-13 & 2011-12 Turnover of Rs. 1000 crore Net Profit of Rs. 5 crore Then the compa
With this new concept, small entrepreneurs can set up a one person company (OPC) without sharing their profit with another individual. They can register with just one shareholder with limited regulatory costs and other requirements.
Introduction:The term whistle-blowing originates from the practice of British policemen who blew their whistles whenever they observed commission of a crime. Whistle blowing means calling the attention of the top management to some wron
The historic Companies Bill which had received the Presidents assent on 29th August, 2013 and became the Companies Act, 2013, (hereinafter the new Act) by notification in the Official Gazette, on 30th August, 2013, had initially
Introduction: Political parties in India extend favors, for those who contribute them with hefty donations, when they come to power. Before elections donors have to keep both prominent parties in good spirit so that their future interests are balance
MCA has notified the provisions relating to Corporate Social Responsibility (CSR) of the Companies Act, 2013 [Section 135 and Schedule VII of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014]. These provisions will be
E- Governance in Companies Act 2013 E Governance has been widely accepted in Revised Companies Act 2013.Its has taken foremost step to switch to paper less industries and conducting Board meeting through Video Conferencing. This two section deal wi
Before going further, first of all let us understand what a Resolution is. A Company being an artificial person, any decision taken by it shall be in the form of a Resolution. Accordingly, a resolution may be
Concept of independent director under new company act vs Co act 1956 Ans. 1. directors: Under Section 149 of the 2013 Act, there is a specific obligation on every listed public company that at least one-third of the board of directors should c
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