Requirement of document formats for private placement of shares in case of private limited
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• You can file this eForm with different event dates (date of appointment, date of change in designation and date of cessation) only if these dates are within 30 days of the filing date. If any of the date(s) are beyond 30 days, then a separate form is to be filed for every such event date. For example: "Director A is appointed on 1st April, Director B is appointed on 18th April, and Director C ceases to be associated with the company w.e.f. 18th April. In such a case details of all the three changes can be filed through the same Form DIR-12 only if the Form is filed on or before 1st May, as all the events fall within 30 days. However, if the company files the eForm DIR-12 on 10th of May, then details in a separate eForm would be required to be filed in respect of Director A."
• For filing of details of two or more events (for example, appointment and cessation) relating to the same person, you are required to file separate forms. These cannot be filed through the same eForm.
• It is advised that you file the eForm in the chronological order of events. It implies that before filing this eForm you should ensure that no Form DIR-12 is pending to be filed for the particular company where the date of event is earlier than the date(s) entered in this form.
• In case of appointment of a director the person being appointed should not be associated with more than 20 companies as a Director and in case of public company, the appointment of director shall not be allowed if he is already a Director in more than 10 public companies
• If number of directors is more than 15, addendum is required to be filed with eForm DIR12. Addendum shall be allowed to be filed only for those cases where eForm DIR-12 has been filed and corresponding Form DIR-12 Addendum is required to be filed. EForm DIR-12 Addendum shall be allowed to be resubmitted only for those cases where the eForm DIR-12 Addendum is pending for resubmission eForm DIR-12.
• eForm can be filed for one company secretary in the company as company cannot have more than one person as its company secretary.
Is it right ?
As per Section 114(1) of Companies Act 2013 : “A resolution shall be an ordinary resolution if the notice required under this Act has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronically or on a poll, as the case may be, in favor of the resolution, including the casting vote, if any, of the Chairman, by members who, being entitled so to do, vote in person, or where proxies are allowed, by proxy or by postal ballot, exceed the votes, if any, cast against the resolution by members, so entitled and voting. “
In simple words, an ordinary resolution is a resolution passed by the shareholders of a company by a simple majority of more than 50% of the votes.
An ordinary resolution is the most common method by which a corporate entity conducts its business or the Board of directors seeks shareholder approval of its actions.
Required list of actions for which ordinary resolution is required to be adopted ?
Anyone have a search report format. If yes please do share.
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Required First Board resolutions Agendas specifically including the authorisation to the Indian Resident Director for executing various responsibilites on behalf of the Board in WOS in India.
Please do share.
resident
director
indian
authorisation
resolution
required
As per law:
“Where a company has one or more subsidiaries or associate companies, it shall, in addition to financial statements provided under sub-section (2), prepare a consolidated financial statement of the company and of all the subsidiaries and associate companies in the same form and manner as that of its own and in accordance with applicable accounting standards, which shall also be laid before the annual general meeting of the company along with the laying of its financial statement under sub-section (2):
Provided that the company shall also attach along with its financial statement, a separate statement containing the salient features of the financial statement of its subsidiary or subsidiaries and associate company or companies in such form as may be prescribed.
Which Company required to file CFS ?
Hello All,
While doing change of company name of the company then got INC - 24 re-submission stating that "declaration that the company has not defaulted in payment of matured deposits/ debentures and interest thereof " as required under rule 29(1) of the incorporation rules 2014" Please do provide the format as last date for re-submission is very near. kindly help please
incorporation
rules
rule
under
format
required
declaration
Hi,
Any one have Format of Affidavit required for Signature Change ?
What is the timeline for sending notice for the committee meetings under companies Act ?
That must be same as applicable to Board Meeting right ?
Hi members
Plz tell me disqualified directors are also required to file form DIR-3 KYC or not?
form
file
required
directors
disqualified
Required Board resolution format for loan from directors and other company along with applicable provisions under Companies Act 2013
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borrowings
format
resolution
board
required
Please share draft takeover agreement format or sale agreement that needs to be enter between sole proprietor and company, when converting sole proprietor into company.
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