This article explains how Section 9 exempts certain foreign exchange holdings from repatriation duties. The key takeaway is that RBI-prescribed limits and conditions determine when retention is lawful.
Discover why certifications under the Companies Act, 2013 are essential for legal compliance, risk mitigation, and building stakeholder trust.
This guide explains the legal and procedural steps foreign nationals must follow to obtain a DIN and be lawfully appointed as directors, including board approvals, digital filings, and regulatory clearances.
Courts have held that failure to serve mandatory pre-adjudication notices violates statutory procedure and invalidates GST proceedings.
Understand how Section 160 allows non-retiring individuals to contest for directorship, promoting transparency and fresh leadership in corporate governance.
Explains how Section 113 permits companies to authorize individuals to attend and vote at meetings through board resolutions. Key takeaway: corporate bodies participate legally only through formally appointed representatives.
Learn which companies must appoint internal auditors under Section 138, the eligibility criteria, and the statutory compliance steps to follow.
Format of Board Resolution for Applying for International Securities Identification Number (ISIN) CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE __th (__/2025-26) MEETING OF THE BOARD OF DIRECTORS OF (name of the company), HELD ON (day), (month) (date), (year), AT (time) (IST) AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT (address) TO CONSIDER AND […]
Summary of Companies Act, Section 21: KMPs (CEO, CFO, CS) must have Board authorization to authenticate company documents. Crucial for legal compliance and validity.
LLP audit guide detailing two key turnover limits: Rs.40 Lakhs/Rs.25 Lakhs Partner Contribution for Statutory Audit, and Rs.1 Crore/Rs.10 Crore for Tax Audit. Key filings are Form 11 (May 30th) and Form 8 (October 30th).