CS Divesh Goyal Dear Professional Colleagues I am writing this article for the Members of Institute of Company Secretary of India. Information’s mentioned in this article taken from the Website of ICSI. GRANT OF CERTIFICATE OF PRACTICE WHO CAN BE PRACTICING COMPANY SECRETARY “PCS”? A member of the Institute of Company Secretary of India individually […]
Q1. Whether investment can be made in the name other than Company? No, Investment can’t be made in the name other than Company until compliance with the provisions of Section- 187 of Companies Act, 2013.
Many relaxations to private Company are not available to subsidiary of public Company. Many relaxations available to a private company are not applicable if that private company is subsidiary of another public Company. Thus, for all practical purpose, the private company is treated as a Public Company.
Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered office.
Limited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership and company form of business .The concept of Limited Liability Partnership (LLP) has been introduced in India by way of Limited Liability Partnership Act, 2008 (notified on 31st March 2008).
INDEX OF ARTICLE: FAQ’S RELATED PARTY TRANSACTIONS: THRESHOLD LIMITS UNDER COMPANIES ACT, 2013. NOTES FOR SECTION- 188. DEFINITION OF RELATED PARTY BY DIAGRAMS.
CS Divesh Goyal Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amount of deposits as on […]
REPAYMENT OF DEPOSIT: As per Section 74(1)(b) Every company which have deposit as on 1st April, 2014 or filed DPT-4 for deposits have to repay within one year from such commencement (31st March, 2015) or from the date on which such payments are due, whichever is earlier.
Only a private company can be classified as a small company. Holding company, subsidiary company, charitable company and company governed by any Special Act cannot be classified as a small company.For a small company, both conditions to be fulfilled the paid up capital should not exceed Rs. 50 Lac or the turnover as per last statement of profit & loss should not exceed Rs. 2 Crore.
A. Duties and Liabilities of an Auditor: An auditor is ‘watch dog’ not a ‘blood hound’. Like a dog should bark and chase when something found wrong. Same like that duty of auditor is to verification and detection, but he must go deep if suspicion arises.
