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Limited Liability Partnership is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
Disqualification of directors can be grouped into two parts - Disqualification at the time of appointment (Personal Disqualification) and Disqualification for re-appointment (Corporate Default).
As per the provisions of section 149(1) of the Companies Act, 2013, every company shall have a Board of Directors consisting of individuals as directors.
Public limited companies are listed on the stock exchange where it's share/stocks are traded publicly. Let us discuss the Annual Compliances applicable to a Public Ltd. Company in all 4 quarters.
Private company is a company that restricts the right to transfer its shares and prohibits any invitation to the public to subscribe for the same. Let us discuss the Annual Compliances of a Private Company.
Where a dividend has been declared by a company but has not been paid or claimed within 30 days from the date of the declaration by any shareholder then it shall be transferred to an “Unpaid Dividend Account”.
Dividend is a return on the investment made in the share capital of a company. It’s the share of profits of a company that is distributed among its Members.
As per Section 203(2), every whole-time key managerial personnel of the company shall be appointed by means of a board resolution containing the terms and conditions of the appointment, including the remuneration.
E-Form CSR-1 is required to be filed pursuant to the provisions of section 135 of the Companies Act, 2013 and Rule 4(1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014.
Corporate Social Responsibility means the activities undertaken by a Company in pursuance of its statutory obligation laid down in section 135 of the Companies Act.
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