If your trademark application has been refused, how to file an Appeal ?
Should DPT-3 be filed before 30-06-2023 or is it possible up to September?
Click here to view / answer Share it onPlease share the process and Guideline for for calculation of cost for Contravention of Paras 9(1)(A) and 9(1)(B) of Schedule 1 of FEMA 20, and Paras 3.1(I)(A)(2) of Foreign Exchange Management (Mode of Payment and Reporting of Non Debt Instruments) Regulations, 2019.
Click here to view / answer Share it onShare the Procedure for grant of Conference Visa from the Ministry of Home Affairs for the purpose of conference/seminar/workshop and its validity.
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visa conference apply
NRE Certificate format required for filing on FIRMS (RBI)
format certificate
Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to person resident outside India
Can I receive payment from my clients in my bank account before applying for the commencement of the business certificate (Form INC 20A) ?
Click here to view / answer Share it onWill my company account get freezed if my client didnt filed INC 20A : Commencement of Business within 180 days from the date of incorporation?
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Dear Mam
The payment of remuneration to the Directors is stated under the proviso of sub-section 1 of section 197 of the companies Act, 2013.
Relevant Proviso:
Provided further that, except with the approval of the company in general meeting by a special resolution—
(i) the remuneration payable to any one managing director; or whole-time director or manager shall not exceed five per cent. of the net profits of the company and if there is more than one such director remuneration shall not exceed ten per cent. of the net profits to all such Directors and manager taken together;
(ii) the remuneration payable to Directors who are neither managing Directors nor whole-time Directors shall not exceed,—
(A) one per cent. of the net profits of the company, if there is a managing or whole-time director or manager;
(B) three per cent. of the net profits in any other case.
As per the clause (ii) of this proviso, the company can pay remuneration to non-executive directors not exceeding one percent or three percent as the case may be.
Hope it helps!
Thank You!