Board Committees under companies act 2013 Section 135 – Corporate Social Responsibility Committee Applicability Every company having Networth of Rs 500 crore or more, or Turnover of Rs 1000 crore or more or A Net Profit of Rs 5 crore or more during any financial year. Composition The committee shall consist of 3 or more … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 61(1)(a) of the Companies Act, 2013 a limited company having a share capital may, if so authorised by its articles, alter its memorandum in its general meeting to increase its authorised share capital by such amount as it thinks expedient. Draft Board Resolution for … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); Any person becoming entitled to a share in consequence of the death or insolvency of a member may, upon such evidence being produced as may from time to time properly be required by the Board and subject as hereinafter provided, elect, either (a) to be registered himself as holder of … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 77 of the Companies Act, 2013 It shall be the duty of every company creating a charge within or outside India, on its property or assets or any of its undertakings, whether tangible or otherwise, and situated in or outside India, to register the … Read more
The Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 (adsbygoogle = window.adsbygoogle || []).push({}); The Ministry of Corporate Affairs vide its notification dated 30th June, 2016 amended the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and made the following amendments: v in rule 3, the expression “Chief Executive Officer (CEO), Company … Read more