Unable to interpret and understand difference in 52(2) and 52(3) of Companies Act,2013. Please share your views on the same
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Hi All,
Pls share draft attachments needs to be filed with Form MSC 3.
As we all know Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, has been amended by MCA wide notification dated 3rd January, 2020.
I need a clarification on the below explanation provided in Rule 9(1), it says;
“Explanation :- For the purposes of this sub-rule, it is hereby clarified that the paid up share capital, turnover, or outstanding loans or borrowings as the case may be, existing on the last date of latest audited financial statement shall be taken into account.”.
What is meant by existing on the last date of latest audited financial statement shall be taken into account.
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This has reference to The Companies (Amendment) Act, 2019 promulgated on July 31, 2019. Section 7 of The Companies (Amendment) Act, 2019 is amended to require as following:
“(1A) In case of such class or classes of unlisted companies as may be prescribed, the securities shall be held or transferred only in dematerialised form in the manner laid down in the Depositories Act, 1996 and the regulations made thereunder.”.
Can anyone help if UNLISTED PRIVATE COMPANY needs to get its shares DEMAT is mandate in above section ?
Dear Friends,
This has reference to The Companies (Amendment) Act, 2019 promulgated on July 31, 2019. Section 7 of The Companies (Amendment) Act, 2019 is amended to require as following:
“(1A) In case of such class or classes of unlisted companies as may be prescribed, the securities shall be held or transferred only in dematerialised form in the manner laid down in the Depositories Act, 1996 and the regulations made thereunder.”.
Can anyone help if UNLISTED PRIVATE COMPANY needs to get its shares DEMAT is mandated in above section ?
Thanks
Please share draft attachments that needs to be filed with Form MSC 3.
In the case of a company whose status as per MCA is active (for filing) but whose all directors
are disqualified, what is the way out to avail the benefits of the fresh start scheme?
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disqualified
whose
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those
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While reading the section, I met with a doubt that -
As this section starts with Every Director-Whether this section applies to Managers, Managing Directors, Whole Time Directors, Additional Directors, Alternate Directors and Independent Director or only Director ?
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directors
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disclosure
A Private Limited Company is to be formed for a specific temporary purpose (Like an SPV) and once the transaction and purpose are over, the same is to be closed down. Can the said company be closed before 2 years through strike off? ( If will have financial transactions so as per strike-off rules it cannot)
What is the method which SPV's generally use for closure and incorporation
Dear All
Has any one filed documents under new Scheme?
It is still showing additional fees.
What kind of company is the IFSC under the Companies Act of 2013?
Click here to view / answer Share it onSection 165(1) of Companies Act (2013) states no person can be a director in more than 20 companies or else a fine of Rs. 5,000/day is levied. In spite of it, Kumar Mangalam Birla is a director in more than 20 companies. What could be the reason?
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