Dear Members,
Query is as related Party is being defined in the CA,2013(attached) can a Private Limited Company Put its own Clause in the AOA pertaining to Related Parties ' like Shareholders, directors (excluding Nominee Director), key employees earning more than 500000 per month ?
Plz help?
As per section 2(76) of Companies Act, 2013 the term Related party transaction means-
Related party with reference to a company means-
A director or his relative
A key managerial personnel or his relative
A firm, in which a director, manager or his relative is a partner
A private company in which a director or manager is a member or director
A public company in which a director or manager is a director or holds along with his relative more than 2% of his paid up share capital
Anybody corporate whose board of directors, managing director or manager is accustomed to act In accordance with the advice, directions or instructions of a director or manager
Any person on whose advice, directions or instructions a director or manager is accustomed to act: provided that nothing in sub-clauses (vi) and (vii) shall apply to advice, directions or instructions given in professional capacity
Any company which, is
A holding, subsidiary or an associate company of such company
A subsidiary of a holding company to which it is also a subsidiary
A director or key managerial personnel of the holding, subsidiary or associate company of such company or his relative
Any person appointed in senior management in the company or its holding, subsidiary or associate company i.e. personnel of the company or its holding, subsidiary or associate company who are core management team excluding board of directors comprising all members of management one level below the executive directors, including functional heads.
party
related
pertaining
clause
Dear Experts,
Kindly resolve the query. Private company is partner in 2 partnership firms. It has transactions such as advance receivables and payable. Any disclosures to be made in the directors report?
transactions
party
related
Dear Experts,
one unlisted public company incorporated on 19.02.19 i need to know whether company required to file
1) income tax return for fy-18-19
2) financial statement
3) ADT-1 other forms
I just want to know what are the compliances for the company incorporated on 19.02.19 .
Thanks in Advance
query
related
compliance
urgent
Dear All,
ABC private limited company is providing job work to PQR private limited and ABC-NV joint venture, where directors are common.
What are the compliance required under Related Party Transaction.
disclosure
party
related
Dear all,
Please help me with the procedure for removal of auditors and also all the documents required.
Thanks in advance.
Regards
Garima Goel
Dear Members,
Can anyone guide me how to renew trademark, what are other requirements apart from listed below ?
Requirements: We need to,
· File TM-12 with the prescribed fee of Rs. 4000,
· Form-18, is needed for the renewal process.
For filing the application of renewal of trademark, the following documents are required:
· copy of the Registration Certificate,
· Power of Attorney,
· ID & Address Proof of the Applicant &,
· Copy of TM-1.
Thanks and Regards,
Punam Rajak,
ACS, CA Final, M.Com(F&A), B.Com(F&A)
MOB:8697797773
Bangalore.
Dear all
One of my clients bought a property from a real estate company. and now the company is in NCLT.
Now can my client claim anything for his property? whats is the procedure
Regards
In For Year 2017-18
Company has constituted CSR committee and Made CSR payment as profit was above 5 cr.
In For Year 2018-19
Company profit is below 1 CR
Whether company is required to invest 2% is CSR or not?
Dear Members,
Kindly provide the Answer with provision of Act & Rules for below mentioned query:
Agenda Item of AGM Notice: Re-appointment of Mr. Mahendra Shah ( Executive Chairman and WTD) for another term of 5 years.
Related person on Board:
Mr. Jatin Shah (son)( Managing director of the company)
Mrs. Pushpa M. Shah (Wife) ( Executive Director of the Company)
other related persons from friend & family are the members of the company.
My question is whether Father, mother, wife, son & daughter or others as covered in word related as per section 2(76) would be barred from voting or if voted either by e-voting / ballot paper, should their votes to be invalidated?
In this Agenda Item, who can not vote?
Hello Friends,
I have a query, a private limited company wants to give to loan to another company, which is not mentioned in MOA and AOA. How to update the same. Any formats/template available?
If so please share me
--
Thanks & Regards,
Samuel.S
Dear Members,
Can shareholder of OPC transfer his holding when OPC case is pending before NCLT?
Kindly advice.
Thank you.
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