Literal Meaning As per Oxford Advanced Learner�s Dictionary, Promoter means a person or company that organizes or provides money for performance or an event. Promoter is a person (natural or artificial) who tries to persu
MEETING THROUGH ELECTRONIC MEANSPROVISIONS UNDER WHICH MEETING THROUGH VIDEO CONFERENCING IS COVERED As per Section 173 of the Companies Act, 2013 and Rules 3 & 4 of the Companies (Meetings of Board and its Powers) Rules, 2014, every Company can
Binding Nature of Board Circulars-Confusion Settled or Created? OrCirculars contrary to SC decisions deemed as rescinded- A good start!Introduction:- The binding nature of the Circulars issued by Board is the issue that has been a matter of litigatio
Meaning of Registered Office: A registered office is the official address of a company to which all official letters and reminders will be sent by any person, any government or non government or regulatory body. In terms of Section 7 of the Companies
After Completion of one year of Companies Act, 2013 now it is the high time for the members to start work on Annual Return (MGT-7) and Director Report. The last date for E-filling of company�s Annual Returns and balance Sheet under Companies Ac
ROC Filing for the financial year 2014-15Registrar of company has changed the forms for e-filing of annual returns for the financial year commencing after 31st March, 2014. The newly introduced forms are to be filed in compliance with provisions of s
Provision of Ratification of Auditor: {First Provision of 139(1)}Act Language: The Company shall place the matter relating to such appointment for Ratification by members at every Annual General Meeting.Rule 3(7) Proviso: Appointment of Statutory Au
PRIVATE PLACEMENT OF SHARESWhat is Private Placement:Private Placement means any offer of securities or invitation to subscribe to securities to a select group of persons by a Company (other than by way of public offer) through issue of a private pla
REASONS FOR CASUAL VACANCY:There are two reasons of Casual Vacancy of Auditor: Casual Vacancy due to reason other than Resignation of Auditor. Casual Vacancy because of Resignation of Auditor Sectio
Procedure for Delisting of Small CompaniesMeaning of Delisting: One should understand the meaning of the term �listing� before understating the term Delisting. The word �listing� means admissions of a Company�s shares wi
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English