Is there any law or convention or CG practice which requires that the Board level Statutory Committees (like Audit Committee, Remuneration Committee etc.) should be reconstituted every Year (i.e. after AGM)??
I saw some good companies like infosys following this practice. Is there any statutory requirement or is this just a good CG practice.
What company law compliance to be considered for transfering a car from a company to ex-non wholetime director.
IN PVT LTD CO. IS IT POSSIBLE TO TRANSFER UNSECURED LOAN OF SHAREHOLDER'S BALANCE TO HIS SHARE CAPITAL ACCOUNT BY INCREASING AUTHIRISED SHARE CAPITAL??
Please tell me if we need to file form - 23 before filing form-18, if we need to shift our reg office within local limits
even confirm below:
Only a board resolution will suffice for shifting of registered office within local limits
Dear all
Kindly clarify how to file form 32 for change of director from executive to non- execuitve. Is this chage of designation or does he need to resign and again be re appointed. It is urgent
A Section 25 Company passed a resolution in BOD meeting approving payment of sitting fee which is more than the slab prescribed by Act , i.e. Rule 10b.
It falls in the slab of 10000, however approved Rs. 20000 and also paid to the director for first BOD meeting(by deducting TDS).
Now this mistake was discovered after the 2nd BOD meeting was over. The sitting fee payment of 2nd BOD meeting is kept on hold due to this. What is the best way to resolve it and to realise the extra payment made in first BOD meet?
what are the minimum expenses that a pvt. ltd. co has to incur at zero level of activity ( per year)
i.e. paper work cost, various statutory fees, etc
excluding salary of office staff, rent light etc
A Section 25 Company passed a resolution in BOD meeting approving payment of sitting fee which is more than the slab prescribed by Act , i.e. Rule 10b.
It falls in the slab of 10000, however approved Rs. 20000 and also paid to the director for first BOD meeting(by deducting TDS).
Now this mistake was discovered after the 2nd BOD meeting was over. The sitting fee payment of 2nd BOD meeting is kept on hold due to this. What is the best way to resolve it and to realise the extra payment made in first BOD meet?
Please give the way to communicate DIN Center Noida. I have tried both numbers 0120-6522477 , 0120-6522478 But no one there is picking phone.
Whether preference shares are compulsory for every company to redeem the share within 20 years or not.and also compulsory to create CRR for every company to redeem the shares.pls give answer in brief.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Re-constitution of board level committees