Dear All,
What is the difference between acceptance of money by Chit Funds and acceptance of deposits?
Dear All,
Can we file Refund form in case of LLP?
Dear All,
XYZ Pvt. Ltd., has two director X and Y. The shares of the company are held by X, Y and Z in the ratio 40%, 40% and 20%, Z is however not a director. The company desires to enter into a contract in which X is interested where a Board resolution is required. How can the Board resolution be passed since there will be only one uninterested Director and Z is not a director?
Dear All,
Section 46 read with the Companies (Share Capital and Debentures) Rules, 2014 requires passing of Board Resolution for issuance of share certificates. Under the Companies Act, 1956 such power could be delegated to a Committee of the Board. Companies Act, 2013 is silent on this issue.
A public company has three directors. Out of three directors 1 director is an
independent director whose office is not liable to retire by rotation, 1 director is a managing director appointed for a fixed term and 1 is the promoter director/ director appointed pursuant to share purchase agreement/ nominee director etc. whose office also is not liable to retirement by rotation.
How can such a company ensure the compliance of section 152 (6) and (7)?
Dear All,
If a Company has granted stock options prior to the promulgation of the
Companies Act, 2013, then whether such stock options can be exercisable by the Independent Directors?
Dear All,
If a Company has granted stock options prior to the promulgation of the
Companies Act, 2013, then whether such stock options can be exercisable by the Independent Directors?
Dear All,
What are the provisions with respect to signing of financial statements under the Companies Act, 2013?