Are there any exemptions or relaxations provided under the Companies Act 2013 for small or startups companies regarding loans and borrowings?
I am a director of the company and can I as a director escape from liability if no specific penalty or punishment is provided for contravention of provisions of the Act?
This is to inform you that the eform IEPF-5 submitted on the MCA portal in respect of XXXXXXXXXX XXXXX XXXXXX XXXXX vide SRN
FXXXXXXXX dated 08/07/2022 has been REJECTED.
Please confirm what to do ?
What shall be implications or consequences if in financial statements of companies depreciation data is not provided as per Companies Act, 2013.
The words “unless otherwise provided in the Articles” appearing in paragraph 1.1.1 of SS-1 suggest that a company may have in its Articles, a provision that is stricter than what is stated in this paragraph of SS-1.
In such cases, that provision in the Articles should be complied with ?
As per the Secretarial Standards, a general meeting convened upon due notice shall not be cancelled or postponed. If the Article of company authorise the board or the Chairman to postpone a meeting already convened then subject to the provisions in the Articles, there must exist some exigencies warranting postponement of meeting. If postponement is unavoidable, the decision to postpone the meeting must be taken by a resolution of the board and the members must be informed by individual notices and also by adequate public advertisement in the newspaper.
What facilities should be provided through VC or OAVM?Click here to view / answer Share it on
Is there any prescribed Qualification provided for appointment of CFO (Chief Financial Officer) and CEO (Chief Executive Officer) u/s. 203 of the Co. Act. 2013Click here to view / answer Share it on
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