Under Section 164(2), Directors are required to give written representation of non-applicability of disqualifications as provided in 164(2) to Companies (which is equivalent to S.274(1)(g)'s declaration under CA, 1956) The format of such declaration u/s 164(2)is not provided in the final rules yet.
Chapter XI, Rule 14 says "Every director shall inform to the company concerned about his disqualification under sub-section (2) of section 164, if any, in Form DIR-8 before he is appointed or re-appointed."
MCA's Circular No.General Circular no 6/2014 dated 28.03.2014 states that DIR-8 is for-Particulars of appointment of directors and the key managerial personnel and the changes among them.
In view of the above, can someone pls clarify that what will be format for giving the declaration u/s 164(2)? and whether such declaration is to be given by Director only at the event of Appointment/Re-appointment and not yearly?

Monthly wage of a person is Rs. 5000 & he is entitled for bonus. During a particular month he is present only for 20 days so he receives 5000*20/26=3846. on what amount bonus will be paid

1. 3500 (since 3846 is more than 3500)
2. 3500*20/26=2692

Please reply soon

I am working in public limited company. In that when I take Leave then my salary is deducted on Gross salary. In other part ,when I will resign the job ,Company provide me leave encashment on my Basic Salary . I want to know the law & Facts & calculation about LWP & Leave Encashment. I want to know Co. is doing proper process for as per Laws or not? Kindly guide me please.

Can additional Director sign annual return (For form 20B)..?
and if not how can additional director become director ..?

Dear Sir,

Kindly help me any one that how to registered a trust under income tax act and where its registration office in delhi.

Dear All,

in a partnership firm, there are 4 partners, viz.. Mr. A, Wife of Mr.A, Mr. B & wife of Mr. B

As per Partnership deed no salary will be allowed to any of the partner but Interest on capital is allowed @12 p.a.

My query is: Interest on capital paid to Wife of Mr. A & Mr. B is liable to clubbing provision with Mr. A & Mr. B respectively or not??

All the partners are income tax payee and invested the capital at their own.

Whether the different units carying on different activities under one company shall be treated as separate entities for classification as a micro,small or medium enterprise? please answer with supporting case laws.

who will sign in case of death of partner in deed? e g there are A B C D partners in the firm and A died and now who will sign in partnership reconstitutional deed on behalf of deceased partner or no need to take such sign..? thank for ur reply

One of my friend whose father died before 2 years. After that my friend's elder brother ask him not to give his share from father property. My friend is married and have two children. can any one advise on it ? please

Individual sold his land for Rs.15 lacs and purchased 2 Flat's. 1st of Rs. 8,25,000 on his name & 2nd of Rs. 18,00,000 in the name of his son. Please advise on the allowability of exemption u/s 54 of income tax act.
How he can get Exemption for capital gain on both Flat's?