As per section 110 of the Companies (Management and Administration) Rules, 2014 unlisted public companies having more than 200 shareholders shall pass the special resolution through postal ballot only.
One Person Company means a company that has only one person as a member. It is a separate entity distinct from its members, limited liability protection to shareholders and has a perpetual succession.
As per section 139 of the Companies Act, 2013, the first auditor of the company shall be appointed by the board of directors within 30 days of Incorporation or Registration of the Company.
Provisions of Companies Act are applicable on the basis of paid-up capital, turnover, type of company, net profit or on the basis of outstanding loan and borrowings of the company.
It is important to plan your month so that you don't miss any due dates. In this article, we discuss all the due dates under all the acts, that lie in the month of October 2021.
With the intent to ensure "Minimum Government, Maximum Governance" the Government of India embarked on an ambitious journey to reduce burdensome compliances.
"Fugitive Economic Offender" means any individual against whom a warrant for arrest in relation to a Scheduled Offence has been issued by any court in India.
SEBI, at its Board Meeting held on 28th September 2021 reviewed the regulatory provisions pertaining to RPTs and approved the amendments to SEBI LODR Regulations, 2015.
Compliances of Newly incorporated Private Limited includes First Meeting, Opening of Bank Account, Registered Official Address, Preparation of Letterheads, Seal etc. and Auditor Appointment etc.
The Reserve Bank of India has permitted foreign investment in almost all sectors with a few exceptions. Thus, the increasing cross border transactions need a proper level of compliance mechanism to be in place.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English