As per definition of financial year under section 2 (41) of the Companies act 2013, a company or body corporate, existing on the commencement of this act, shall, within a period of 2 year from such commencement align its financial year as per provision of this clause.

Does that means that the company which has to follow a different accounting year as per the law by which it is governed have to align its financial year as per provision of this clause.

As per definition of CEO in clause 18 of Section 2 of Companies Act 2013, means an officer of the company, who has been designated as such by it.

Does this means that CEO need not be director of the company and would not be governed by limits on managerial remuneration.

And can any person be designated as CEO who is entrusted with affair's of the company.

Does branch office include visioning office or representative office or franchise or project office of company incorporated outside or company incorporate in India.

What are consequences if the company does not describe any establishment as branch and on what basis or criteria the company can describe any establishment as branch

Dear Professionals ,

I registered for DIN of one of my client ,which showed as failed on MCA site. I again applied for Din and formed a private limited with that DIn.
Next day I was surprised to see two Din emails as approved from MCA.
My Question is do I need to Surrender the First DIN??
If yes as per process I read from Ca Club earlier post I have filled DIR-5 , I require proforma for Affidavit & Board Resolution please provide..
DO I require Board Resoluton,since I have not used that First DIN and Company doesnt have any link with that DIN??

Thanks in Advance for the help.

Sir,
Is there anywhere mentioned about the stamp duty for affidavit for taking DIN ?
If yes how much is it.

We have incorporated a subsidiary company of a foreign company in India. It past around 6 month but no subscriber money received and foreign company don't wanna carry any business. Can it go for strike off ? or any other option available

is there any section about change in object of LLP agreement.
please tell me and also give the refrence with respect to the board resolution for change in object clause

Dear Professionals,

Please inform me the rate of stamp duty and registration fees for gifting of around 4.cr shares of a private company to his grand son.
is the normal rate of .25% is applicable, please let me know the total amount of duty and registration fees.
Thanks in advance..

when does a declaration by director under sec 164 of companies act 2013 is required?
Is it required only on appointment/reappointment or yearly?
If required yearly then wheather it is required at the starting of the year or at the end of the year
Please help...

On site of ICAI study material and practice manual for Law CA Final are available In two categories 1. For May 2016 Exams and 2. November 2016 Exams. Amendments are not incorporated in SM/PM for May 2016 Exams they are incorporated in those for Nov 2016 Exams so which books should be referred?