Fema / RBI : Q.1 Which Companies Are Eligible Are Eligible To File FLA Return? A: The Annual return of foreign liabilities and assets ( FLA) i...
Income Tax : Section 2(88) defines “Sweat Equity Shares” so as to mean such equity shares as are issued by a company to its directors or em...
Company Law : Suyog S Kabra Checklist For Meetings Of Directors Or Committees under Companies Act, 2013 [Note : Adherence by a company to Secret...
Company Law : The company has allotted shares/debentures and entered the names of allottees in the register of members/ debenture holders. (Note...
Company Law : The preference shares shall be liable to be redeemed within a period not exceeding twenty years. A company engaged in the setting ...
Q.1 Which Companies Are Eligible Are Eligible To File FLA Return? A: The Annual return of foreign liabilities and assets ( FLA) is required to be submitted by all the Indian Companies which have received FDI and /or made FDI abroad in the previous year (S) including the current year i.e. who holds foreign assets or liabilities in their Balance sheets.
Section 2(88) defines “Sweat Equity Shares” so as to mean such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called
Suyog S Kabra Checklist For Meetings Of Directors Or Committees under Companies Act, 2013 [Note : Adherence by a company to Secretarial Standards with respect to General an board meetings specified by Institute of Company Secretaries of India and approved as such by the Central Government is mandatory, as per the provisions of sub section […]
The company has allotted shares/debentures and entered the names of allottees in the register of members/ debenture holders. (Note – where register and index of beneficial owners is maintained with depository, it shall be deemed to be corresponding register of members)
The preference shares shall be liable to be redeemed within a period not exceeding twenty years. A company engaged in the setting up and dealing with or infrastructure projects may issue preference shares for a period not exceeding thirty years, subject to the redemption of a minimum of ten percent of such preference shares per year from twenty first year onwards or earlier, on proportionate basis, at the option of the preference shareholders.
An issue of secured debentures may be made, project the date of its redemption does not exceed ten years from the date of issue. A company engaged in the setting up infrastructure projects may issue secured debentures for a period exceeding ten years but not exceeding thirty years (Rule 18 companies (Share Capital and Debentures) Rules 2014
1. The company has made necessary arrangements to avoid failure of video or audio visual connection. 2. Sufficient security and identification procedures were ensured to safeguard the integrity of the meeting by the Company Secretary/ Chairman
1. To ensure that person to whom offer has been made does not exceed 200 in a financial year for each kind of security. It is to be noted that any offer or investigation made to qualified institutional buyers or to employees of the company under scheme of employee stock option shall not be considered while calculating the limit of two hundred people.
Call on shares/debentures was made by the Board of Directors by means of resolutions passed at the Board meeting. Call on shares/debentures complied with the stipulations contained in Articles of Association. The Board of directors approved the rate of interest payable on delayed payment of calls in conformity with the provisions contained in Articles of Association.
Suyog S Kabra Checklist for Prefrential Allotment under section 62 Of Companies Act, 2013 1 Existing equity shares in proportion to the paid up capital held by them 2 Procedure to be followed a. Letter of offer to be sent to existing equity shareholders as notice by registered post /speed post/electronic mode at least 3 […]