Procedure For Inter Corporate Loans and Investments (adsbygoogle = window.adsbygoogle || []).push({}); 1. It is to be kept in mind that a company can give any loan or give any guarantee or provide security and acquire securities of any Body corporate through Board resolution up to 60% of its paid up capital, free … Read more
Procedure For Holding General Meeting Through Video Conferencing (adsbygoogle = window.adsbygoogle || []).push({}); In order to facilitate the companies for holding general meetings by way of electronic mode/video conferencing the MCA has issued a General Circular No. 27/2011, dated 20.05.2011 and has provided procedure for conducting general meetings by way of electronic mode/video conferencing. In … Read more
Procedure For Holding Extraordinary General Meeting (EGM) (adsbygoogle = window.adsbygoogle || []).push({}); Every general meeting other than the annual general meeting or any adjournment thereof, is an extraordinary general meeting in clause 42 of Table ‘F’ to the Companies Act, 2013 but the Act does not use the name “Extraordinary General Meeting” to indicate a … Read more
Procedure to seek extension of time for holding AGM (adsbygoogle = window.adsbygoogle || []).push({}); The extension of time for the holding of AGM can be given by the Registrar of Companies. The time for holding the first Annual General Meeting can never be extended. The Registrar shall grant an extension of time for holding … Read more
Procedure For Passing of Resolution by Circulation Section 175 of Companies Act 2013 permits passing of resolution by the Directors by circulation, subject to the following conditions:— (adsbygoogle = window.adsbygoogle || []).push({}); (a) Draft of the resolution should be circulated together with the necessary papers, if any, to all the directors or members of the … Read more
Procedure For Conducting Board Meetings as Per SS-1 (adsbygoogle = window.adsbygoogle || []).push({}); (a) Notice and Agenda – The company secretary (“CS”) or a director or any authorized person has to circulate written notice and agenda with the notes to agenda to all directors, including alternate, by hand, post or e-mail at least seven days prior to … Read more
Procedure for Changes In Personal Particulars of Director (adsbygoogle = window.adsbygoogle || []).push({}); Any changes in the personal particulars of a Director, including his address, name, PAN, etc. after he has submitted the information initially in Form DIR-3 is required to be intimated to the Central Government in Form DIR-6 within 30 days electronically. Form … Read more
Procedure For Cancellation or Surrender or Deactivation of DIN (adsbygoogle = window.adsbygoogle || []).push({}); Rule 11 of the Companies (Appointment and Qualification of Directors) Rules, 2014 provides that the Central Government or Regional Director (Northern Region), Noida or any officer authorised by the Regional Director may, upon being satisfied on verification of particulars or documentary … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 248(2) of Companies Act, 2013 without prejudice to the provisions of sub-section (1), a company may, after extinguishing all its liabilities, by a special resolution or consent of seventy five per cent members in terms of paid-up share capital, file an application in the … Read more
Procedure For Appointment of Cost Auditor (adsbygoogle = window.adsbygoogle || []).push({}); 1.Obtain Consent and Certificate for Appointment as Cost Auditor under section 148 of the Companies Act, 2013 pursuant to section 141 of the Companies Act 2013 and Rule 4(1) of the Cos. (Audit and Auditors) Rules, 2014. 2. In case, the company is required to … Read more