Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
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any amount received as loan from the National Dairy Development Board by the companies owned by it directly or through its subsidiary companies.
such scheduled bank or public financial institution has given the company notice of its intention to convert such loans or debentures at least 30 days prior to the intended date of conversion.
In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Second Amendment) Act, 2002 (11 of 2003) the Central Government hereby appoints the 1st day of April, 2003 as the date on which the provisions of section 2 and 6 of the said Act shall come into force.
Further the Company is not doing / carrying on any business right from the date of its incorporation and the Company is also not intending to do any business or commercial activity as laid down in the main objects of its Memorandum of Association in future.
In exercise of the powers conferred by sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendment in the notification of the Government of India, in the Ministry of Law, Justice and Company Affairs (Department of Company Affairs) number S.O. 1329 dated 8th May, 1978, namely.
The request made by some Companies, particularly companies engaged in production of steel to prescribe an appropriate method, to make provision for depreciation based on unit of production rather than straight line or written down value method has been engaging the attention of the Department for quite some time.
directed to forward herewith a copy of the following Notifications published in the Gazette of India for your information and necessary action.
The above format of TDS may be printed on the reverse side of the counterfoil duly signed by persons responsible for deduction of tax.
In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2002 (1 of 2003), the Central Government hereby appoints the 6th day of February, 2003 as the date on which the provisions of the said Act shall come into force.
For the purposes of sub-rule (7) of rule 4, the expression “Selection Committee” means a committee, the majority of which shall consist of independent directors and an expert in the respective field from outside the company.