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Archive: 31 August 2020

Posts in 31 August 2020

Holding AGM via Video Conferencing & seeking AGM Extension

August 31, 2020 1470 Views 0 comment Print

The companies which are unable to hold their AGM for the financial year ended on 31.03.2020, despite availing the relaxations provided in the G.C. 20/2020 ought to file their applications in Form No. GNL-1 for seeking extension of time in holding of AGM for the financial year ended on 31.03.2020 with the concerned Registrar of Companies on or before 29.09.2020.

Deposits under Section 73 to 76A of Companies Act, 2013

August 31, 2020 6726 Views 0 comment Print

Deposits under Section 73 to 76A of Companies Act, 2013 (READ WITH DEPOSITS RULES 2014.)  SECTION 73 TO 76A  >  Applicable to public as well as Private Company > Private- take deposit from member only Public- take deposit from member and public 1. Recurring deposits- Periodic interval 2. DD – Saving A/C when demand arises […]

Digitisation of records important for combating tax evasion: CBIC Chairman

August 31, 2020 954 Views 0 comment Print

cross-border crimes. While the DIGIT platform is already in place for the DRI and Customs formations to capture Customs related offences, the DG Systems (Bengaluru Zonal Unit) has come out with an investigation (enforcement) sub-module under the Dispute Settlement and Resolution module of ACES­GST application that covers all activities starting from initiation of a case till issuance of the investigation report

Voting Rights of Shareholders under Companies Act, 2013

August 31, 2020 57372 Views 0 comment Print

Voting Rights of the Shareholders  Introduction of Section 47 of the Companies Act, 2013 Every member of the company limited by shares holding equity share capital has right to vote in Company. Rights can be varied as per section 43(a) of the Companies Act, 2013; for private limited company section 47 is not applicable where […]

Custom Notification Increasing Duty on Peas applicable on Retrospective Basis

August 31, 2020 699 Views 0 comment Print

The issue under consideration is whether the custom notification for increasing the duty on peas will be levied on retrospective basis or prospective basis?

Annual compliance to be done by foreign company through out the year

August 31, 2020 13545 Views 0 comment Print

There are various compliances needs to be done by a Foreign Company, however before going into details one needs to understand the term Foreign Company. The word ‘Foreign Company’ has been defined under Section 2(42) ‘Foreign Company’. It includes a company or a Body corporate which is formed outside the territory of India and having […]

Draft Format of Letter of Appointment Company Secretary

August 31, 2020 56721 Views 0 comment Print

We are pleased to inform you that the Board of Directors has appointed you as the Whole-Time Company Secretary of the Company. You are requested to join the service of the Company and contact the undersigned so that you may be introduced to the concerned persons before you start functioning.

Board Meeting under Companies Act 2013

August 31, 2020 361773 Views 1 comment Print

Board Meeting under Companies Act 1. Meetings of Board (Sec 173) a. Every company shall hold its first board meeting within 30 days from the date of incorporation. After the first board meeting, every company shall hold minimum four board meetings in a calendar year. b. In holding board meetings during the year, there shall […]

Anti-dumping investigation on imports of Normal Butanol

August 31, 2020 411 Views 0 comment Print

Case No. AD-SSR-13/2020 Initiation of Sunset Review investigation concerning imports of Normal Butanol from European Union, Malaysia, Singapore, South Africa and United States of America

Anti-dumping Investigation on imports of Methylene Chloride

August 31, 2020 570 Views 0 comment Print

Case No. AD-SSR-09/2020 Subject:-Initiation of Sunset Review Investigation concerning imports of Methylene Chloride originating in or exported from China PR.

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