Companies Act, 2013, contains various provisions relating to the payment of dividends by companies to their shareholders. These provisions lay down the legal framework for the payment of dividends and set out the rights and obligations of companies and shareholders.
Explore the legal provisions under the Companies Act, 2013 for maintaining books of accounts in India. Learn about relevant forms to be filed, including AOC-4 and MGT-7. Understand financial concepts like accrual basis, double-entry system, and accounting standards. Ensure your company’s compliance and make informed business decisions through proper bookkeeping.
Incorporation of a company is a crucial step towards starting a business. In India, process of incorporating a company has been simplified by introduction of Spice Plus form under Companies Act 2013.