Dear All,
If a Company Net Profit Before Tax for the year 2018-19 exceeds 5 crores whereas Net Profit after Tax does not exceed 5 crores.
Whether CSR shall be applicable to such Company?
applicability
Dear Friends,
I need your inputs on the following:
1. Existing auditors completing 5 years term on the date of AGM - 30.06.2019.
2. Total tenure of their office is more than 10 years.
3. Section 139(2) w.r.t rotation of auditors was not applicable to them.
4. Currently, there is a chance that the borrowings may exceed 50 crore anytime during the year attracting Section 139(2).
5. Can existing auditors be appointed for another 5 years? As on the date of AGM Section 139(2) is not applicable.
6. What are the implications if the Section becomes applicable after reappointment for 5 years.? Can they continue for entire tenure?
7. Can they be appointed just for one year? I do not think so.
Thanks in advance
section
applicability
Dear all,
My Company is having two Corporate Shareholders, Whether SBO is applicable?
Kindly advice.
applicability
Dear Members,
Can someone please reply to this ,
TSV Private Limited
Shareholding Details:
1. A (individual) holding 49%
2. BCD Pvt Ltd holding 51%
Shareholding of BCD Pvt Ltd
1. B (individual) holding 50%
2. C (individual) holding 50%
But the directors are common in TVS PRIVATE LIMITED AND BCD TVS PRIVATE LIMITED I.e A,B & C.
Query: Is the provisions of SBO rules applicable in the given case? if yes then the form BEN 1 is to be taken from both B & C? As per my understanding the said rules are not applicable in the given case as there's no majority stake of more than one half holding more than one-half of the equity share capital/voting rights in the body corporate.But in the 1st test BCD PVT. LTD is holding 51 Percent i.e more than half .
Now is SBO rules Applicable .
TIA
--
Thanks and Regards,
Punam Rajak,
ACS, CA Final, M.Com(F&A), B.Com(F&A)
MOB:8697797773
Bangalore.
applicability
Dear All,
Please confirm the applicability/ criteria for registration under shop and establishment in Delhi and Mumbai in case where the establishment is having 10 or more workers otherwise not mandatory to register under shop and establishment.
establishment
delhi
mumbai
shop
under
criteria
registration
applicability
Dear Members,
In case of a Private Limited Company, the following is the shareholding;
Mr. X (individual) - 49%
Private Limited Company - 51%
Will BEN Rules be applicable in this case?
Thanks in advance
applicability
rules
Dear Members,
Does Companies (Indian Accouting Standards) Rules, 2015 is applicable to private company.
Private company is a joint venture company and one of its shareholder is listed on NSE and BSE.
Please guide.
Rgds
Devansh
rules
standards
accouting
indian
applicability
Dear All
If Private Company has a net worth exceeds 250 Crore.
then the company must adopt IND AS or not?
Company is Private
Please advice
applicability
Dear Members,
Good Morning!
Please tell me the applicability of provisions of liquidation and insolvency to a corporate person under IBC, 2016.
insolvency
liquidation
provisions
applicability
Dear Frnds,
is INC-20 A applicable to Section 8 company?
Regards
Ravish
applicability
Dear Members,
Kindly explain me with Relevant Section/Rules/Regulations whether Cost Audit and Secretarial Audit is applicable on Private Limited Company having 50 Crore Paid up Share Capital and 400 Crore Turnover??
Does it make any difference if the Private Limited Company is Subsidiary of a Listed Public Company??
audit
secretarial
cost
applicability
regarding
There is a public company, turnover of which was in excess of 200 Crore in the year 2017 but in 2018 it is less than 100 crore, upto which year it is required to comply with provisions of Audit Committee, Nomination Committee, Independent Director and Secretarial Audit is also applicable this year or not ?
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nomination
audit
related
applicability
provisions
regarding
