Hello Professionals
How will the surplus be treated in case of winding up of Section
8 Company?
Hello Everyone
Person as a Nominee Director of the Company can be summoned for offences in respect of Sections 128, 129, 448 read with Section 447 of the Companies Act, 2013, without any specific allegations against him in Investigation report?
Whether Section 167 is applicable to nominee directors of Public Financial Institution ?
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directors
nominee
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applicability
As per the proviso of Section 167(1)(a) of the Companies Act, 2013, a director is liable to vacate the office in all other companies excepting the defaulting company. It means the person will have to continue as director in the defaulting company.
What is the term of director for which he is required to continue the office in this capacity as no specified tenure has provided by the Companies Act, 2013 ?
Hello Professionals
Is a Section 8 company required to seek permission from Central
Government (“RD”) for alteration of its articles of association
prior to getting the same approved by the members by means of
special resolution in the general meeting?
permission
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alternation
Please confirm in what extent its applicable for 2021 & 2022
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Dear Everyone!
If a person is required by or under any other law to get his accounts audited, then is it compulsory for him to once again get his accounts audited to comply with the requirement of Section 44AB ?
Hey Friends,
Is there any relaxation in stamp duty payment in
incorporation of a Section 8 Company?
Regards,
Vidushi Rohatgi
section
company
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payment
stamp
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relaxation
Rule 15 Contract or Arrangement With a Related Party states :-
(b) is for appointment to any office or place of profit in the company, its subsidiary company or associate company at a monthly remmuneration exceeding two and a half lakh rupees as mentioned in clause (f) of sub-section (1) of section 188.
Anything apart from remuneration to director will fall under place of profit.
applicable
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Hi All
Can a section 8 company, if incorporated as a private limited company can avail the status of ‘small company’ with the permission of concerned ROC, after it meets the criteria of ‘turnover’ and ‘paid-up share capital’.
Dear Friends,
A company purchased a motor vehicle in the name of a director of
the company. It is also the co-borrower of the loan taken for the said
purpose. Does this transaction fall under the ambit of the provisions
of section 77 of the Companies Act, 2013 ?
What difference would it make if the loan was taken only in the name
of the director but the payment was made by the company ?
Pleases share process for Intimation to Registrar of revocation/surrender of license issued under section 8 and conditions need to fulfill before surrendar ?
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issued
license
registrar
revocationsurrender
intimation
