Section 196, Section 197 And Schedule V of Companies Act, 2013 Read with Companies (Amendment) Act, 2020 Section 196 of Companies Act, 2013 Appointment of Managing Director, Whole-time Director or Manager Qualifications for appointment as Managerial Personnel U/S 196 of Companies Act, 2013: Followings are considered as Managerial Personnel u/s 196 of the Companies Act, […]
APPLICABILITY CORPORATE SOCIAL RESPONSIBILITY As per Section 135 (1) following companies in immediately preceding Financial Year: > Having net-worth of Rs. 500 Crores or; > Having Turnover of Rs. 1000 Crores or; > Having net profit of Rs. 5 Crores shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more […]
All you need to know about MCA’s COMPANIES FRESH START SCHEME, 2020 – Let’s clean the non-compliance mess without paying any Additional Fees As we are getting equipped to build our immunity to fight with COVID-19, Ministry of Corporate Affairs is getting all of us equipped to fight against non-compliances and shell Companies and has […]