procedure to change the auditor of a listed company
This query is : Resolved
06 May 2009
Hi,
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
06 May 2009
The section 217 is about the disclosures to be made in Board of Directors report.IS Section 217 applicable to Pvt Ltd co.IF yes,
Suppose chairman is other than MD and the salary paid to chairman is more than MD. Do we need to disclose the same in board report U/s 217(2A) and Notes to account of the company.
Please confirm
Suppose chairman is other than MD and the salary paid to chairman is more than MD. Do we need to disclose the same in board report U/s 217(2A) and Notes to account of the company.
Please confirm
07 May 2009
Monil
Sec 217 is applicable to all cos including pvt. ltd...
Vivek
Sec 217 is applicable to all cos including pvt. ltd...
Vivek
07 May 2009
Dear Monil,
Section-217 is applicable to Pvt. Co.
In your case Section-217(2A)(iii) is applicable. As per clause (iii) disclosure is required if 2 conditions are fulfill:
1. Employee drawing remu more then by MD
AND
2. holds by himself or along with his spouse and children not less then 2% of Eq. Shares of the company.
If in your case Chairman is also holding 2% eq sh. then disclosure in board report required.
Regards
Section-217 is applicable to Pvt. Co.
In your case Section-217(2A)(iii) is applicable. As per clause (iii) disclosure is required if 2 conditions are fulfill:
1. Employee drawing remu more then by MD
AND
2. holds by himself or along with his spouse and children not less then 2% of Eq. Shares of the company.
If in your case Chairman is also holding 2% eq sh. then disclosure in board report required.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Tax liability on income of freelancer
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
