As mentioned in Guidance Note on SS-1 " The company secretary in practice appointed by the company, the secretarial auditor, cost auditor, or internal auditor of the company can inspect the minutes as he may consider necessary for the performance of his duties." My Query is:- What is the meaning of word "Inspect"? Whether the secretarial auditor, cost auditor or internal auditor of the company can demand for the physical copies of minutes? Whether company is obliged to provide the same?
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book minute inspection Please let me know , is it required to file DIR-12 in case of reappointment of retiring of Director u/s 152(6) of Companies act 2013.
Click here to view / answer Share it ondirector retiring appointment case I have a practical issue related to my client. Our client Profit is more than 5 Cr. and as per section 197 & 198 maximum permissible remuneration is 11%. They already paid above 1 Cr. to their director(s). What is the legal compliance without going approval to CG. Please provide us format also if any @ csvishalmehra@gmail.com
Click here to view / answer Share it onsection companies under limit remuneration exceed managerial What is the concept of paid up capital and why pvt. Company and public company have compulsory for minimum capital and why most of.companies paid capital is more than 5 cr if the company less show its paid up capital less then 5cr then no cs is appointed
Click here to view / answer Share it on1.Assessee - Resident individual. During the P. Y., 2.NonSpeculative business income - 72,000 3.LTCG from land - 8,000 4.Unabsorbed Dep - 9,000 Can assessee set off his unabsorbed dep first from LTCG then from Business income, if any left?
Click here to view / answer Share it ondepreciation unabsorbed setting The company incorporated in the year 2015.not filed any annual return and IT return,not appointed any CA.not doing any business since Incorporation. If company wants to Strick off can company do so?
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As per your Query we would like to answer as per my view :
Before applying in INC-1 for Name availablity, for use of "FOREX" in the name you have to get E-NOC from "Governing Regulatory Authorities (RBI)" as well as at the time of process of incorporation attach affidavits as per Rule and then thereafter after the Company got Incorporated go for further Liscence for Commencement of FOREX Activity.