format register members over switch companies required time
Hello Everyone
If the company was incorporated in March 2023 in Canada by an Individual resident of India, due to non-approval of ODI, no remittance is yet made.
Please advise whether that resident individual needs to file his FLA due in July.
Dear All,
If an entity has not received any inward FDI / made overseas investments in the latest FY, do they need to submit the FLA return?
return
Hello Professional
Is a Section 8 company required to seek permission from Central
Government (“RD”) for alteration of its articles of association
prior to getting the same approved by the members by means of
special resolution in the general meeting?
government alteration articles association central permission company required seek section
Hello Professionals
What do you mean by ‘Companies with charitable purpose’ (Section 8) under the Companies Act, 2013? What are the conditions for the issue & revocation of the license of such a company by the Government?
companies license revocation such company government issue purpose charitable
Hello Professionals
In the case of an overseas subscriber and director, is the documents required to be notarised and apostilled for incorporation of a company?
notarised apostilled incorporation company required documents overseas subscriber director case
Hello Professionals
What are the minutes of a board meeting, and how should they be maintained?
Hello Professionals
In the case of an overseas subscriber and director, are the documents required to be notarised and apostilled for incorporation of a company?
notarized apostilled incorporation company required documents overseas subscriber director case
Hello Professionals
In terms of Section 73 of the Companies Act, 2013 read with Rule 2(1)(c)(vii) of Companies (Terms and conditions of acceptance of Deposit) Rules, 2014, deposits do not include receipt of money from Director of the Company, but the money received from a member is treated as a deposit. In case the deposit is taken from a person who is both a director and a member of the Company, will such receipt of money be treated as a deposit or not?
Hi Mahima
As per Rule 3 of the Companies (Management and Administration) Rules, 2014 all the existing companies, registered with Companies Act, 1956 shall prepare their Register of Members as per the provisions of Section 88 of the Companies Act, 2013 within a period of 6 months from the date of commencement of Companies (Management and Administration) Rules, 2014.
Further after 1 April 2014, all the registers of Directors and KMPs shall be prepared as per the provisions of the Section 170 of the Compaies Act, 2013. The register of Director and Director's Shareholding maintained before 1 April 2014 as per the provisions of the Companies Act, 1956 need not to be converted as per the provisions of Section 170 of the Companies Act, 2013.
Hope you find this useful.