(1) Every company, other than a private company, shall disclose in its financial statement, by way of notes, about the money received from the director. (2) Every private company shall disclose in its financial statement, by way of notes, about the money received from the directors, or relatives of directors.
1) Rule 16 which states “Return of deposits to be filed with the Registrar” has been amended to say that the auditor of the company has to submit a declaration in form DPT-3 while filing a return. 3) Particulars of Form DPT-4 have been amended and have been substituted with new form DPT-4.
The particulars of each person mentioned in the articles as first director of the company and his interest in other firms or bodies corporate along with his consent to act as director of the company shall be filed in Form No. DIR.
(6) Any person who has applied for inclusion of his name in the data bank of independent directors or any person whose name appears in the data bank, shall intimate to the agency about any changes in his particulars within fifteen days of such change.
MCA amends Rule 14 of Companies (Appointment & Qualification of Directors) Rules, 2014. Every director shall inform to the company concerned about his disqualification under sub-section (2) of section 164, if any, in Form DIR-8 before he is appointed or re-appointed.
(a) An issue of secured debentures may be made, provided the date of its redemption shall not exceed ten years from the date of issue.
11.1. 15-Companies (Appointment and Qualification of Directors) Rules,2014. The company shall within thirty days from the date of receipt of notice of resignation from a director, intimate the Registrar in Form DIR- 12 and post the information on its website, if any.
14-Companies (Appointment and Qualification of Directors) Rules,2014. 1. Every director shall inform to the company concerned about his disqualification under sub-section (1) or sub-section (2) of section 164, if any, in Form DIR-8 before he is appointed or re-appointed. “
12-The Companies (Incorporation) Rules,2014. An application for registration of a company shall be filed, with the Registrar within whose jurisdiction the registered office of the company is proposed to be situated, in Form No.
(1) Where a company is required or decides to pass any resolution by way of postal ballot, it shall send a notice to all the shareholders, along with a draft resolution explaining the reasons therefor and requesting them to send their assent or dissent in writing on a postal ballot because postal ballot means voting by ...
(1) Every director shall disclose his concern or interest in any company or companies or bodies corporate (including shareholding interest), firms or other association of individuals, by giving a notice in writing in Form MBP 1.
(a) in a country in any part of the Commonwealth, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized by a Notary (Public) in that part of the Commonwealth.
The Companies (Audit and Auditors) Amendment Rules, 2021 introduced new reporting requirements for auditors under Rule 11 of the Companies (Audit and Auditors) Rules, 2014. Among the new rules is Rule 11(g), which mandates auditors to report on the use of accounting software that maintains an audit trail.
No association or partnership shall be formed, consisting of more than fifty persons for the purpose of carrying on any business that has for its objects the acquisition of gain by the association or partnership or by individual members thereof, unless it is registered as a company under the Act or is formed under any ...
(1) A document may be served on a company or an officer thereof through electronic transmission. (b) that creates a record that is capable of retention, retrieval and review, and which may thereafter be rendered into clearly legible tangible form.
(1) The change of name shall not be allowed to a company which has defaulted in filing its annual returns or financial statements or any document due for filing with the Registrar or which has defaulted in repayment of matured deposits or debentures or interest on deposits or debentures .
(1) A private company other than a company registered under section 8 of the Act having paid up share capital of fifty lakhs rupees or less or and average annual turnover during the relevant period having paid up share capital of fifty lakhs rupees or less and average annual turnover, during the relevant period is two ...
8-Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014. Every listed company and every other public company having a paid-up share capital of ten crore rupees or more shall have whole-time key managerial personnel.
(a) shall be eligible to incorporate a One Person Company; (b) shall be a nominee for the sole member of a One Person Company.
- (1) The following class of companies shall be required to appoint an internal auditor 1 [ which may be either an individual or a partnership firm or a body corporate ], namely:- (a) every listed company; (b) every unlisted public company having- (i) paid up share capital of fifty crore rupees or more during the ...
(1) The Audit Committee shall recommend to the Board, the name of an individual auditor or of an audit firm who may replace the incumbent auditor on expiry of the term of such incumbent.
5-Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014. (xii) affirmation that the remuneration is as per the remuneration policy of the company. Explanation. - For the purposes of this rule.
Rule 8A of the Rules provides the conditions where the company name is considered an undesirable name. The ROC will reject undesirable names. Rule 8B of the Rules lists words and expressions that cannot be used in the company name unless the company obtains previous approval from the Central Government.
(1) The subscriber to the memorandum of a One Person Company shall nominate a person, after obtaining prior written consent of such person, who shall, in the event of the subscriber's death or his incapacity to contract, become the member of that One Person Company.
As per Rule 8A: appointment of a company secretary is made by every company other than a company covered under Rule 8 having paid up share capital of % Crore or more is required to appoint a whole-time company secretary.