BACKGROUND: In my earlier article I have discussed and shared the documents relating to the Board Meeting required to be held before Annual General Meeting. In this article I am going to discuss about the Documents and working of Annual General Meeting required to be held for following mandatory purposes: Like: Adoption of Directors’ Report/ […]
In this article I am going to discuss about the Agenda of Board Meeting required to be held for following purposes: Like: Approval of Directors’ Report/ Annual Account and issue of Notice of AGM. As we know that secretarial Standard on Board Meeting has been applicable from 1st July, 2015. On or after 1st July, 2015 all the Board Meeting will be held as per the SS-1 and Documentation should be as per SS-1.
Corporate fraud is a major problem that is increasing both in its frequency and severity. Research evidence has shown that growing number of frauds have undermined the integrity of financial reports, contributed to substantial economic losses, and eroded investors’ confidence regarding the usefulness and reliability of financial statements. The increasing rate of whitecollar crimes demands […]
The terms merger and amalgamation have not been defined in the Companies Act, 1956 (hereinafter referred to as the Act) though this voluminous piece of legislation contains 69 definitions in Section 2. The terms merger and amalgamation are synonyms and the term ‘amalgamation’, as per Concise Oxford Dictionary, Tenth Edition, means, ‘to combine or unite to form one organization […]
BACKGROUND: Company limited by shares can’t issue any preference shares which are irredeemable. A company limited by shares may, if so authorized by its articles, issue preference shares which are liable to be redeemed within a period not exceeding twenty years from the date of their issue subject to such conditions as may be prescribed: […]
Government Company: means any Company in which not less than 51% (fifty one per cent). of the paid-up share capital is held by:- The Central Government, or Any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company;
A Private Company (Non-NBFC) is permitted to accept monies (whether secured or unsecured) from its members up to a maximum of 100% of aggregate of its paid up capital and free reserves (which does not include securities premium). This is however, subject to the condition of intimation of details to ROC in prescribed manner.
4th Tuesday D VAT Filing of Online Return for June-2015 quarter in Form DVAT-16, DVAT-17 & DVAT-48. 5th Wednesday INDIRECT TAX 1. Payment of Excise duty for Non SSI Units. 2. Payment of Service tax in GAR-7 for the previous month.
Format of Cover Page of Notice of the Annual General Meeting Date: (Date of Notice) Dear Members/Directors/Auditor, You are cordially invited to attend the Annual General Meeting (the ‘AGM’) of the members of (Name of Company) (the ‘Company’) to be held on (Day of AGM), (Date of AGM), 2015 at (Time of AGM) at (Venue […]
A. FREQUENCY OF GENERAL MEETING: Every Company in each Calendar Year, hold a General Meeting called the Annual General Meeting. ANNUAL GENERAL MEETING: The Board shall every year convene meeting of members called Annual General Meeting. Annual General Meeting specifically called to transact Special Business.
