Will the following person is considered as a Related Party in a Private Company:
1. Private Trust who is a shareholder of the Pvt Company
2. Public Trust who is a shareholder of the Pvt Company
Kindly explain if the auditor of the company has resigned and if we have also appointed a new auditor in EGM and also has filed ADT-1, then
1. in next AGM, do we require to file ADT-1 again after ratification??
2. From where the tenure of 5 years shall start: from the year of EGM or from the year of AGM??
What are the consequences of not regularizing Additional Director in Annual General Meeting. What can be solution to get rid of additional fee?
Company A is a Public Limited registered on 2019, with 7 share holders out of which 3 are promoters. As per the requirements the Company take ISIN and demated the shares of 4 share holders (promoters and directors). Further the company has increased capital and allotted new shares and added new shareholders too. The initial subscriber (3) shareholders holding less than 1% is not open demat account and not complied with the procedures even after follow-ups and they were not responding to companies communications. What are your thoughts? whether its a mis compliance if 100% shares are demated? Is there any ways available to forfeit that shares? Or to transfer to IEPF?
Can anyone suggest me the documents for increase in capital contribution in LLP.
The Number of Directors fall below 5 in producer co due to death of 1 director & company has appointed another due to this vacancy after 6 month is this amount noncompliance?
As per AOA the minimum requirement for director is 5.
Being a PCS before affixing DSC of any Promoter on any Form under Companies Act. is it mandatory to take written Authority Letter for the same?
Is DPT-3 Applicable on OPC Companies Also?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India
As per Section 247 of the Companies Act, 2013, a valuation report is required for various purposes such as valuation of shares, assets, liabilities, or any business or interest in a business, etc. The validity of a valuation report given under Section 247 of the Companies Act, 2013, depends on various factors, including the purpose for which the valuation was conducted, the date of valuation, and the specific requirements of the relevant regulatory authorities.
Typically, a valuation report is valid for a limited period, which is determined based on the specific requirements of the regulatory authorities and the purpose of the valuation. For example, if a valuation is conducted for the purpose of a merger or acquisition, the report may be valid for a shorter period than if the valuation is conducted for the purpose of financial reporting.
In general, a valuation report should be updated periodically to reflect any changes in the underlying assumptions or circumstances that could affect the valuation. Additionally, if there are any material changes in the business or the market conditions, a new valuation may be required to ensure the accuracy and reliability of the valuation.
In conclusion, the validity of a valuation report given under Section 247 of the Companies Act, 2013, depends on various factors and should be determined on a case-by-case basis. It is important to work with a qualified valuer who has a deep understanding of the regulatory requirements and can provide a reliable and accurate valuation report and valid for a 6 months in general practice.