Pursuant to the provisions of section 185(1) of the Companies Act, 2013 no company shall, directly or indirectly, advance any loan to any director of the company.
Government should expand the definition of MSME to include traders, accept self-declaration and make registration mandatory over a 24-36 month period to make transitions smooth and seamless.
The Company is primarily engaged in the manufacturing of BioFuel which is an alternative source of energy and has the ability to replace a good substitute of traditional fossil fuels.
The Excel Utility for filing the Related Party Transactions Report in the prescribed Format in the XBRL mode has been made available in the XBRL section of the Listing Centre.
Trademark is a design, symbol, phrase, logo, word, colour, or sound used to trade products or provide services while Copyright is a technique for protecting intellectual property, such as literature, paintings etc.
The Companies (Cost Records and Audit) Rules, 2014 are applicable to every registered company which is engaged in the production of goods or providing services listed in Table-A or Table-B of Rule 3.
Debenture is a written instrument acknowledging a debt to the company. It contains a contract for repayment of principal after specified period or at option of company together with interest.
Section 8 companies obtain their incorporation certificate from the Central Government and are liable to carry on according to rules stated by the government.
Officers such as whole-time directors, KMP, directors, etc. shall be liable to any penalty or punishment in case of default committed by the company under the Companies Act, 2013.
A listed company, that proposes to issue shares on a preferential basis, may do so, by offering shares to select individuals at a price that is higher than the floor price.
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