Hi Folks!
What is the legal inference on the repetition of disclosures in the
Board’s Report which has been once mentioned in the financial
statements?
report
boards
disclosures
repetition
Dear All,
Every director shall disclose his concern or interest by giving a notice in writing in Form MBP-1. Whether such disclosure of interest is required in respect of shares held in any company ? Can an interested director of a private company participate in such meeting where he is interested ?
directors
interest
disclosure
Hi All
An Acquirer has made a public announcement of an open offer to acquire the shares of the target company, and the acquirer intends to delist the company post-takeover.
Whether the acquirer has to mandatorily disclose the intention of delisting the securities in the public announcement?
post
takeover
securities
delist
intention
disclosure
If a transaction is occurred not at arm's length basis, is it mandatory to disclose the same in AOC-2 even when no amount paid in advance involved ?
Click here to view / answer Share it onlength
basis
arms
which
transactions
disclosure
Is it mandatory to disclose information related to registered office address, website, phone no. and email on audited financial statements?
Click here to view / answer Share it onstatements
financial
disclosures
information
company
Dear Friends,
Every director shall disclose his concern or interest by giving a notice in writing in Form MBP-1. Whether such disclosure of interest is required in respect of shares held in any company ? Can an interested director of a private company participate in such meeting where he is interested ?
director
interest
disclosure
- Where the Company has traded or invested in Crypto currency or Virtual Currency during the financial year, the following shall be disclosed: a. profit or loss on transactions involving Crypto currency or Virtual Currency
amount of currency held as at the reporting date,
deposits or advances from any person for the purpose of trading or investing in Crypto Currency/ virtual currency
How to show? any format ?
currency
required
virtual
crypto
disclosure
Hi Everyone!
What is the interest in section 184(2) of the Companies Act, 2013 that has to be disclosed by the director? Is it his shareholding and if so, all his
shareholding or only where it is in excess of 2%?
director
interest
disclosure
As Balance sheet prepared on Accrual Basis and also accounting is done on that basis so it shall be on Accrual basis only.
If the holding of any shareholder remains the same but the percentage of
shareholding or voting rights of the total paid up share capital of the target company changes due to some corporate actions like buyback or
preferential allotment, whether the shareholder is required to make
disclosure of the change in shareholding disclosure under regulation 29(2)
of Takeover Regulations, 2011?
code
takeover
sebi
under
disclosure
Dear Members!
Are notices of disclosure of interest received from
directors in terms of Section 184 of the Companies Act,
2013 required to be filed with the ROC? If yes in what
form?
director
interest
disclosure
intimation
I have seen , Many company are showing their website on letter head but not doing the compliances related disclosures on website which is mandatory such as :
Website address on all its official publications like business letter heads, billheads, and notices and other documents etc.
-The notice of “Change of objects for which money is raised through prospectus” under Rule 32 shall be published on the website;
-Details of Annual Return; (Important to note generally applicable on Companies )
-Details of Vigil Mechanism;
-CSR and Company’s policy on director’s appointment and remuneration;
-Terms and Conditions of the Independent Director;
-Closure of register of members or debenture holders;
-Notice of General Meeting including AGM;(Important to note generally applicable on Companies )
-Notice of Voting through electronic means;
-Notice of Postal Ballot;
-Special Notice, if any;
-Striking Off of the name of the company details; (Important to note generally applicable on Companies )
-Unpaid Dividend Details;
-Invitation of Deposits;
-Resignation of Director details, if any. (Important to note generally applicable on Companies )
As per Section 450 of the Companies Act of 2013, the penalty for non-compliance by the company or any officer of the company who defaults to any of the Act’s provisions will be Rs 10,000.
For continuing contravention, it will be a further fine of Rs 1,000 for every day of default. This will apply to the default of non-disclosure, a company must take care of publishing all relevant information on the website.
Can anyone suggest if any company having website but not active or able to control like no full time IT Professional for assisting website, then in that case also its applicable ?
companies
disclosures
mandatory
website
having
