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Dear Sir whether schedule III of balance sheet is applicable on section 8 companies. ( NPO).
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company secretary salary considered for the purpose of computation of managerial remuneration under section 197? would it make any difference if he is s also a director of a company?
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if mentioned in AOA, Is it possible to have only one director personally present fulfill the condition of quorum of meeting while other director out of India and participate by video conferance?
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In AGM Notice for F.Y .2011-12 there is neither a mention of Regulirasation of Director nor Appointment of Director but there is all three Additional Director whose office ceassage from 30.9.11 what remedy available in F.Y. 2014-15 for rugulrisation of 1 Director
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can a private company issue unsecured convertible debentures with nil rate of interest.
2. steps involved for issue of CD
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A Company is encorporated under Co's Act 2013 and shares were alloted to its three promotors equally.
Soon after incorporation a promotor don't wants to continue in that company and the reason of problem is that he had not contributed his share of capital in Company's account.
What is the remedy of this situation?
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if a company is making private placement at the par value/face value (consideration in cash), whether a valuation report is required. It only says that a justification for price needs to be given and justification here is "issued at par".
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AMENDMENT RULE2015, DATED18 MARCH,2015 HAS NARRATED THAT MBP-1 IS NOT TO BE FILLED FOR DISCLOSING INTEREST OF DIRECTOR .. PLEASE GIVE DESCRIPTION ALONGWITH THE LINK.
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I want to know how to interpret an act and the rules. For instance, there are various Companies (Amendment) Rules which get amended on yearly basis like Rules 2014, then 2015. So which is to be referred? There are so many Rules. So I want to know how does all this work?
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What is consequence of non compliance with CSR provision?
As per provision companies is required to spent 2% of Net Profit.
In my case co. have net profit of 5Cr and 2% of which comes 10Lac ...the client said why i spend this huge amt ....so please tell if there is any penal provision for the same...
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Whether schedule iii is applicable on section 8 companies