contents ofexplanatory statements section173
This query is : Resolved
09 May 2009
Can you please explain to me in detail the contents of explanatory statements in transacting special business?
09 May 2009
For Ordinary Business explanatory statement is not required u/s 173.
But for any kind of special business you need to attach explanatory statement with the notice of General Meeting.
For example if you are going for increase in authorised capital then in explanatory statement you have to explain the need for such increase in capital.
For more understanding i would suggest download the Annual Report of listed companies from the internet and read the explanatory statement.
If you need explanatory statement pertaining to any specific special business then please mention the name of special business. I'll try and provide you a sample explanatory statement.
Regards
But for any kind of special business you need to attach explanatory statement with the notice of General Meeting.
For example if you are going for increase in authorised capital then in explanatory statement you have to explain the need for such increase in capital.
For more understanding i would suggest download the Annual Report of listed companies from the internet and read the explanatory statement.
If you need explanatory statement pertaining to any specific special business then please mention the name of special business. I'll try and provide you a sample explanatory statement.
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Regarding appeal to GSTAT
- Copyright software
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
