Section 2(14) of the Companies Act, 2014 defines the branch office, in relation to a company, means any establishment described as such by the company. Draft Board Resolution For Opening Branch Office RESOLVED THAT pursuant to the provisions of section 2(14) and other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification(s) … Read more
Board Resolution for Authorisation to Represent the Company Before Various Authorities and in Court (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT pursuant to the provisions of section 179 and other applicable provisions, if any, of the Companies Act, 2013 the “Act”) (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr. /Ms. … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); A limited company registered under Companies Act, 2013 or under any previous company law, with any of the objects specified in clause (a) of sub-section (1) of section 8 and the restrictions and prohibitions as mentioned respectively in clause (b) and (c) of that sub-section, and which is desirous of … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 135 of the Companies Act, 2013 every company having net worth of Rs. 500 crore or more, or turnover of Rs.1,000 crore or more or a net profit of Rs.5 crore or more during any financial year shall constitute a Corporate Social Responsibility Committee … Read more
Draft Board Resolution For Recommendation of Dividend (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT a dividend @__% (Rate of dividend) per share on the Equity Share Capital of the company be recommended for the financial year ended 31st March,_____ .” “RESOLVED FURTHER THAT the consent of the shareholders of the company be obtained at the ensuring Annual General … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 160(1) of the Companies Act, 2013 a person who is not a retiring director in terms of section 152 shall, subject to the provisions of this Act, be eligible for appointment to the office of a director at any general meeting, if he, or … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 62(1)(c) of Companies Act, 2013 where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares may be offered to any persons, if it is authorised by a special resolution, whether … Read more
As per the provisions of Section 186(2) of Companies Act, 2013 no company shall directly or indirectly — (adsbygoogle = window.adsbygoogle || []).push({}); (a) give any loan to any person or other body corporate; (b) give any guarantee or provide security in connection with a loan to any other body corporate or person; and (c) … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 180(1)(a) of the Companies Act, 2013 the Board of Directors of a company can sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the company or where the company owns more than one undertaking, of the whole … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 62(1)(c) of Companies Act, 2013 where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares may be offered to any persons, if it is authorised by a special resolution, whether … Read more