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Cs Richa Srivastava

Latest Posts by Cs Richa Srivastava

Nomination & Remuneration Committee | Companies Act 2013

May 20, 2020 23109 Views 0 comment Print

This Nomination and Remuneration Policy is being formulated in compliance with Section 178 of the Companies Act, 2013 read along with the applicable rules thereto as amended from time to time. This policy on nomination and remuneration of Directors, Key Managerial Personnel and Senior Management has been formulated by the Nomination and Remuneration Committee (NRC […]

Acceptance of Deposits under Companies Act, 2013

April 18, 2020 3990 Views 1 comment Print

Deposit Section 2(31) of Companies Act, 2013 provides that Deposit includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include- 1. Any amount received from central or state government 2. Any amount received from Foreign Government/ Foreign Bank/ Foreign Company 3. Any […]

Sec-135 Corporate Social Responsibility

December 28, 2019 2988 Views 0 comment Print

Applicability of Corporate Social Responsibility    Every company having net worth of rupees five hundred crore or more or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during the immediately preceding financial year shall constitute a Corporate Social Responsibility Committee of the Board consisting of three […]

Commencement of Business | Section 10A | Companies Act, 2013

July 10, 2019 26742 Views 2 comments Print

Commencement of Business section 10 A of the Companies Act, 2013 is a newly inserted section by the Companies (Amendment) Second Ordinance, 2019. This Section says that a company incorporated after the commencement of the Companies (Amendment) Ordinance, 2019 and having a share capital shall not commence any business or exercise any borrowing powers unless- (a) […]

Small Company as per Companies Act, 2013

July 2, 2019 119250 Views 7 comments Print

As per the latest amendments, the updated definition of Small Company u/s 2(85) of the Companies Act, 2013 is as follows: ® Small Company means a company, other than a public company- (i) paid up share capital of which does not exceed fifty lakh rupees or such higher amount as may be prescribed which shall […]

Registered Office of the Company

June 24, 2019 24933 Views 0 comment Print

Registered office of the company is the official address of the company where any communication relating to the company is sent. As it is the public record therefore different Government Departments and other organisations uses the same record to communicate with the Company. The registered office of the Company is decided at the time of […]

Form DPT-3- Return of Deposits

June 20, 2019 74304 Views 3 comments Print

ABOUT DPT-3 DPT-3 is a return of Deposits or particulars of transaction not considered as deposit or both which is to be filed by every company, other than Government Company on or before 30.06.2019. The purpose of filing DPT-3 is to provide the information to Registrar of Company about the loan/money received by the Company. […]

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