As per the provisions of Section 139(8) of the Companies Act 2013 any casual vacancy in the office of an auditor shall— (adsbygoogle = window.adsbygoogle || []).push({}); (i) in the case of a company other than a company whose accounts are subject to audit by an auditor appointed by the Comptroller and Auditor-General of India, … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 161(4) of the Companies Act 2013 in the case of a public company, if the office of any director appointed by the company in general meeting is vacated before his term of office expires in the normal course, the resulting casual vacancy may, in … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 455(1) of the Companies Act 2013 Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an … Read more
Board Resolution For Conversion of Company Into LLP (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to Section 56 and other provisions, applicable, if any and Schedule III of the Limited Liability Partnership Act, 2008 and Rule 39 of the Limited Liability Partnership Rules, 2009, including any statutory enactment, modification thereof( the “LLP Act”) and … Read more
Board Resolution For Borrowing Money (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT consent of the Board be and is hereby accorded for borrowing any sum or sums of monies from time to time for the purpose of the Company’s business from ……….. BANK LTD on such terms and conditions, as contained in the draft Agreement which is placed … Read more
Board Resolution to Take Note of Disqualification of Directors (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT on the basis of the written representation received in from all the directors of the Company in “Form DIR-8” and as placed before the Board, duly initialed by the Chairman for the purpose of identification, the Board of directors of … Read more
As per the provisions of Section 179(3) the Board of Directors of a company can invest the funds on behalf of the company only by means of resolutions passed at meetings of the Board. Board Resolution for Investment of Funds (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to the provisions of Section 186 read with … Read more
Board Resolution For Making Fixed Deposit with Bank (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT pursuant to Section 179(3)(e) and other applicable provisions, if any, of the Companies Act, 2013, consent of the Board be and is hereby accorded to invest upto Rs. _________________in Fixed Deposit Scheme of _____________ (name of the bank) and that … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 139(1) of the Companies Act 2013 every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and … Read more
