What are the provisions regarding the winding up and dissolution of a company under the Companies Act?
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Hello Professionals
As per Section 96 (2), every annual general meeting shall be called during
business hours, that is, between 9 a.m. and 6 p.m. on any day that is not a
National Holiday and shall be held either at the registered office of the
company or at some other place within the city, town or village in which the registered office of the company is situate.
However, in case of the EGM, there is no clarity under Section 100 /101 and
rule 17 with regard to the time, day, place of holding the EGM?
Hello Professionals
With regard to resolution requiring special notice under section 115 of the
Companies Act, 2013, who can move such resolution- whether such number of members holding shares on which aggregate sum not exceeding five lakhs has been paid up or such number of members holding shares on which aggregate sum not less than five lakh rupees has been paid up?
Hello Professionals,
Whom to approach for Government approval or in case of doubt regarding the concerned Administrative Ministry/ Department or regarding the classification of an activity or the sectoral route?
Hi Everyone!
Resident individuals (but not permanently resident in India) can remit up to net salary after deduction of taxes. However, if he has exhausted the limit of USD 2,50,000 as net salary remittance and desires to remit any other income under LRS is it permissible as the limit will be over and above USD 2,50,000?
Hi All
What is the due date to intimate the ROC for change in the situation of the registered office of the company?
Hello Professionals
Peer Ltd. took over the running business of a Ramu, a sole proprietor by a sale deed. As per the sale deed, Peer Ltd. undertook to pay overriding charges of Rs. 15,000 p.a. to Ramu’s wife in addition to the sale consideration. The sale deed also specifically mentioned that the amount was charged on the net profits of Peer Ltd., who had accepted that obligation as a condition of purchase of the going concern. Examine, in the light of decided case law that whether the payment of overriding charges by Peer Ltd. is in the nature of diversion of income or application of income.
Hello Professionals
Does establishing a company in your jurisdiction grant any kind of residency rights? are there any conditions that in order to receive these residency rights ( if applicable ) one must partner or establish a joint venture with a local (for example a citizen of jurisdiction )?
Hello Professionals,
If two people are using the same mark and neither is registered, who has more rights?
Dear Professionals!
Whether Resolution Professional is allowed to decide on merits the validity of Resolution Plan received from Resolution Applicant ?
Dear professionals,
If a company gives guarantee to someone, does it have to report it to ROC? Could you shed light on it from both private as well as public corporations area?