NRE Certificate format required for filing on FIRMS (RBI)
Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to person resident outside India
Can I receive payment from my clients in my bank account before applying for the commencement of the business certificate (Form INC 20A) ?
Click here to view / answer Share it onWill my company account get freezed if my client didnt filed INC 20A : Commencement of Business within 180 days from the date of incorporation?
Click here to view / answer Share it onWhat is the remedial action in case of a company whose name is removed from the register of Companies
Click here to view / answer Share it on
Dear professionals,
Can a Handicraft Manufacturer create a Producer company. If Yes, then No Agriculture certificate is require to attach as the producers are not farmers.
However while incorporation It mandates to upload RTC or Agriculturist Certificate issued by revenue officer.
Kindly Clarify instead of Agriculturist Certificate, can we attach the Handicraft Board issued certificate.
Please clarify will be waiting for the reply.
Can we pay salary to Non Executive Director?
Dear Members,
We are Incorporating a Private Limited Company. A person has attained the age of 18 years on 2nd October 2020 (meaning he has completed 17 years on 2nd October 2020). Can we appoint him as the proposed Director cum shareholder of the proposed company?? Kindly advise.
Hello Ma'am,
as per section 161(1) of CA act 2013,
The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an Additional Director at any time who shall hold office up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier.
and if a director is not regularised then his tenure expires on the date of that AGM.
in present case director can be regularised by filing form DIR-12 with the due date of 30 days from date of that AGM in which he needs to be regularized
by paying additional panalties.