Certificate of commencement is like filing a declaration that we have deposited out initial capital into the bank account of the company and we are now ready to start our business. The declaration should be in form INC 21 which is for Declaration prior to the commencement of business or exercising borrowing powers.
eForm DIR-3C is required to be filed pursuant to Section 157 of the Companies Act, 2013 & Rule 10A(2) of the Companies (Appointment and Qualification of Directors) Rules, 2014 which are reproduced for your reference.
(i) Cities/towns having a population of twenty lakhs and above.Rs. 2000/-,Rs. 2500/-, Rs. 3000/- (ii) Cities/towns having a population of four lakhs and above but less than twenty lakhs. Rs. 1500/- Rs. 2000/- Rs. 2500/- (iii) Cities/towns having a population of less than four lakhs. Rs. 1000/- Rs. 1500/- Rs. 2000/-
The Competent Authority has been pleased to discontinue the practice of printing and rolling out hard copies of Judgments by the Editorial branch of the Registry for contingent / miscellaneous requirements w.e.f. 1st February, 2015. Previously eighty copies of Judgments used to be rolled out and printed.
The Board’s Report is an important document of Annual Report in which the Board gives a complete review of the performance of the company during the year under review and other information. There is no restriction to put any matter in the Board’s Report, if the Board intends to mention it. However, certain matters, as part of statutory compliance, needs to be put in the Board’s Report in terms of the Companies Act, 2013 and the Listing Agreement (for listed company).
When you file your return every year with the income tax department, it is kept as a record with them. This shows that you have a source of income and you are financially stable. Mind you it’s not just a record. You can also take it as a supporting document when you wish to avail a loan.
CA Result has just announced. First I would like to congratulate to all those who have successfully completed their student life & now going to enter into their Professional Life. Due to higher competition in industry, it is not easy to get job now. First Impression is Last Impression, therefore now you have to focus on your Resume & Interview Skills.
Gross direct tax collection during April-December of the Financial Year 20 14- 15 is up by 12.93 percent at Rs. 5,46,661 crore as against Rs. 4,84,063 crore collected during the same period last year. Gross collection of Corporate tax has shown an increase of 12.79 percent and stood at Rs. 3,50,494 crore as against Rs. 3,10,754 crore collected during the same period last year.
FAQs on the provisions of Corporate Social Responsibility under Section 135 of the Companies Act 2013 and Rules thereon The ICAI hosted on its website exposure draft of Frequently Asked Questions(FAQs) on the provisions of Corporate Social Responsibility (CSR) under Section 135 of the Companies Act 2013 and Rules thereon.
With the increasing demand and requirement of securitisation process for various receivables SEBI in its Board Meeting held on 21st January, 2015 has approved amendments Securities in and Exchange Board of India (Public offer and Listing of Securitised Debt Instruments) Regulations, 2008, (which is awaited for the circular) where they rationalised and clarified the roles and responsibilities of trustees and on the other hand tried to enhance the confidence of our investors in securitisation transactions as well.
