Can anybody help in applying for Material Safety Data Sheets (MSDSs) Certificate required by a Company engaged in manufacturing and trading of cigarettes and other tobacco products?
Click here to view / answer Share it on
Have you taken the necessary steps to establish the director's account on the MCA (Ministry of Corporate Affairs) website as a Business User? Follow these steps to ensure a smooth process:
Step 1:Start by registering your Director as an authorized representative of the company within the Business User section of the MCA V3 portal.
Step 2:Next, proceed to register the Digital Signature Certificate (DSC) of the authorized representative under the 'associate DSC' category within FO (Front Office) services.
Step 3:To update the email address and mobile number associated with the Director's DIN (Director Identification Number), file Form DIR3KYC.
Step 4:In the Profile Update section, add the user role as "Director" and provide the relevant DIN. This will prompt the system to send OTPs (One-Time Passwords) to the email address and mobile number updated during Step 3.
By diligently following these steps, you can address your concern effectively. We are optimistic that this sequence of actions will lead to a resolution of your issue.
what is the process of Micro finance company registration, whether it needs RBI Approval being a NBFC, only own would be used for micro financing
Click here to view / answer Share it onCan a director take advance salary from the private limited company equal to six months salary? Do we need to any specific compliance for the same in mca?
Click here to view / answer Share it onAn illiterate person wants to become a subscriber, how can he sign as a subscriber to the Memorandum of Association?
Click here to view / answer Share it onAs per sub-section (1) of section 101 of Companies Act, 2013, a company can call a general meeting by giving notice of twenty one clear working days notice either in writing or through electronic mode. Refer to Notification No. GSR 464(E) dated 5-6-2015 (Exemption to Private Company), in case of private companies, Section 101 shall apply unless otherwise specified in respective sections or the articles of association of the company provide otherwise. so private limited company can hold a general meeting by giving notice of less than 21 days if the articles of the private company so provides ?
Click here to view / answer Share it on
Share the draft formats for ESOP - employee investment in the company.
And also need a clarification that, should it required to take share valuation report from registered valuer and Income tax merchant Bank both or how?
I have seen , Many company are showing their website on letter head but not doing the compliances related disclosures on website which is mandatory such as :
Website address on all its official publications like business letter heads, billheads, and notices and other documents etc.
-The notice of “Change of objects for which money is raised through prospectus” under Rule 32 shall be published on the website;
-Details of Annual Return; (Important to note generally applicable on Companies )
-Details of Vigil Mechanism;
-CSR and Company’s policy on director’s appointment and remuneration;
-Terms and Conditions of the Independent Director;
-Closure of register of members or debenture holders;
-Notice of General Meeting including AGM;(Important to note generally applicable on Companies )
-Notice of Voting through electronic means;
-Notice of Postal Ballot;
-Special Notice, if any;
-Striking Off of the name of the company details; (Important to note generally applicable on Companies )
-Unpaid Dividend Details;
-Invitation of Deposits;
-Resignation of Director details, if any. (Important to note generally applicable on Companies )
As per Section 450 of the Companies Act of 2013, the penalty for non-compliance by the company or any officer of the company who defaults to any of the Act’s provisions will be Rs 10,000.
For continuing contravention, it will be a further fine of Rs 1,000 for every day of default. This will apply to the default of non-disclosure, a company must take care of publishing all relevant information on the website.
Can anyone suggest if any company having website but not active or able to control like no full time IT Professional for assisting website, then in that case also its applicable ?
Dear Member,
Greetings!
With referance to your query, the MCA vide its notification dated 11th February, 2022 has notified Companies (Accounts) Amendment Rules, 2022 which shall come into force from 11th February 2022.
In the Companies (Accounts) Rules, 2014 (hereinafter referred to as the said rules), in rule 12, after sub-rule (1A), the following sub-rule shall be inserted, namely: -
“(1B) Every company covered under the provisions of sub-section (1) to section 135 shall furnish a report on Corporate Social Responsibility in Form CSR-2 to the Registrar for the preceding financial year (2020-2021) and onwards as an addendum to Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be:
Provided that for the preceding financial year (2020-2021), Form CSR-2 shall be filed separately on or before 31st March 2022, after filing Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be.”
Commentary: From the above Notification, it is cleared that:
1. FORM CSR-2 shall be applicable on the Companies prescribed under section 135(1), which are as follows:
Every Company having Net worth of Rs. 500 crore or more, or
Every Company having Turnover of Rs. 1000 crore or more, or
Every Company having Net Profit of Rs. 5 crore or more
during the immediately preceding financial year.
2. Due date for filing FORM CSR-2:
For preceding financial year (2020-2021), it is clearly mentioned on proviso of above Notification that CSR-2 shall be filed on or before 31st March, after filing Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be.
For subsequest FY, As the FORM CSR-2 is to be filed as an addendum to Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), then the due date of the relevant Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be, shall be considered.
Thankyou!