One Private Limited Company has appointed “Voluntarily” (Not Mandatorily as required in terms of Section 203 of the Act) one office of the Company as CEO who is not a Director of the Company.
Kindly clarify the following:-
01. Will he term and considered as KMP in term of Provision of Section 2(51) of the Act?
02. Will, he termed and considered as an officer in default in terms of Provision of section 2(60) of the Act ?
03. Whether the Company requires to File Form DIR-12 in respect of his appointment as CEO ?
04. Is it mandatory to disclose details of the appointment of such CEO in Board’s Report in terms of section 134 (3)(q) read with sub-rule 5 of rule 8 of the Companies (Accounts) Rules, 2015?
05. Is it mandatory to sign Financial Statements by him in terms of section 134(1) of the Act ? '
Hi all,
Please guide
A public limited company having 7 shareholders all family members. The company was striked off and now revived but all earlier directors are disqualified.
Members are proposing to appoint new directors in EGM. (Proposed Directors are also relatives of members).
Please clarify whether these members will be considered as interested party & allowed to vote for appointment or not?
directors
appointment
Dear Members
Is there any chance of amendment relating to appointment of company secretary based on turn over of company.
secretary
company
appointment
regarding
Dear Members,
ABC Chartered Accountants are auditor of X Private Limited, Auditor s not done Tax Audit as well as Statutory Audit of 2017-18, 2018-19.
They gave resignation on 03/03/2020 with a statement that he did not done audit for above said period.
Now Company wants to appoint us to audit of 2017-18, 2018-19 and so on.
1. What is the procedure for appointment of auditor?
2. Can we sign audit report for the year 2017-18 & 2018-19, at that time we are not the auditor of the company?
3. Can we approve Financial Statements for the year 2017-18, 2018-19 on one EGM?
4. What is penalty for filling annual return?
Please give your opinion on above matter.
appointment
auditor
In which section under Companies Act, 2013 appointment order of IRP by NCLT need to be filed with ROC.
filed
need
nclt
order
appointment
Do we need to file form ADT-1 for appointment of first auditor of the company after incorporation ?
auditor
first
appointment
Dear Members,
If outstanding borrowings of the Company is above Rs. 100 core as on 31 st March 2019, so a s per MCA notification dated 3rd January 2020, does company need to appoint secretarial auditor for F.Y.2019-2020 in March 2020 Board Meeting. Is recommendation of audit committee is mandatory for appointment of secretarial auditor.
auditor
secretarial
appointment
Hi,
A company wants to appoint additional director and Immediately designate them as Whole Time Director.
I believe, Above appointment is in compliance with ACT, if any issue is there please let me know.
Request you to share draft resolution for same if available.
director
appointment
If disqualification of a director is removed by high court stay order and his DIN is also activated by ROC, can he be appointed as a director in a listed company now? In form DIR-2, there is wording '............I certify that I am not disqualified to become a director under the Companies Act, 2013'. Is there any need to change this language?
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disqualified
appointment
Kindly guide me on the procedure for resignation of one director and appointment of another in a Listed (on BSE) company.
listed
company
appointment
resignation
director
change
Can anybody provide me resolution for tax auditor appointment??
appointment
auditor
resolution
board
Query
An auditor has been appointed for 3 years. But the auditor has been resigned 5 days before the 1st year’s AGM. In that AGM can we appoint a new auditor for 5 years.
Please guide
appointment
auditor
