Whether the Authorized Signatory of Foreign Company can be the same as its Nominee?
What is difference between Liquidation and Winding up?
If shares are sold after the ex-date/record date, would eligibility for the rights issue still apply?
Can the services of Payment Aggregators (PA) be used for loan disbursals and repayments?
Can subsidiary company hold shares in its holding company?
What is the difference between Compounding and Adjudication?
Can Peer Review be done by proprietor / partner of the Practice Unit peer reviewed by the Reviewer?
Does getting empanelled as a Reviewer with Institute ensures the allotment of Peer Review work?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India
The applicability of Secretarial Audit or Cost Audit is calculated on a standalone basis, and not on a consolidated basis.
Secretarial Audit is an audit conducted by a qualified company secretary to examine the compliance of a company with various legal and regulatory requirements. The Companies Act, 2013 mandates that certain companies, based on their turnover and share capital, are required to conduct a Secretarial Audit. The turnover and share capital thresholds for Secretarial Audit are calculated on a standalone basis of the company, and not on a consolidated basis if the company has subsidiaries or associate companies.
Similarly, Cost Audit is an audit conducted to ascertain the cost of production, cost of sales, and other cost-related aspects of a company's business. The Companies Act, 2013 mandates that certain companies, based on their turnover and nature of business, are required to conduct a Cost Audit. The turnover thresholds for Cost Audit are also calculated on a standalone basis of the company, and not on a consolidated basis if the company has subsidiaries or associate companies.