"Shall not apply to a private company:-
(i) which is a one person company or a small company; or
(ii) which has turnover less than rupees fifty crores as per latest audited financial statement or which has aggregate borrowings from banks or financial institutions or any body corporate at any point of time during the financial year less than rupees twenty five crore.”.
With reference to Notification No. G.S.R. 583 (E) dated 13.06.2017, which granted exemptions to private companies, there is a query regarding the inclusion of specific types of borrowings.
Specifically, the question is whether secured car loans from banks and unsecured debentures from body corporates should be included in the calculation or not. Could you kindly provide clarification on whether these types of borrowings are considered for the exemption?
through
notification
dated
companies
limited
were
provided
private
exemptions
In one of the case, directors were served with penalty order along with SCN for striking off
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In one of the case, directors were served with penalty order alongwith SCN for striking off
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Can anyone please share the process or form which are required to file for change or removal of address mentioned under AOC-5 (OTHER THAN REG OFFICE PLACE)
Section 128 of the Companies Act, 2013 requires every company to maintain proper books of account and financial statements at their registered office or any other place in India as decided by the Board of Directors.
What is the Empowered Committee?
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