Articles tagged with companies

Related Party under Company Act 2013


The Companies Act, 2013 has brought in numerous disclosure norms along with it rather than just regulatory approvals. One such major area is “Related Party Transactions”

20 Oct 2016 by Manmeet Singh

What is Audit Report of a Company?


Audit Report of a Company gives the regulators and shareholders of the company a fair impression of the existing financial affairs of the concerned company.

20 Oct 2016 by Ankan Bose

Penalty for Late Filing of Annual Return of Company


Penalty for Late Filing of Annual Return of Company or failure to file annual return of your Company a penalty of INR 50,000 which may range up to INR 5 lakhs. Also director needs to pay fine to MCA

20 Oct 2016 by Lokesh Sharma

When is a Company Accorded Defaulter Status?


Those companies are accorded as defaulter companies in India which do not file annual return or balance sheet for a few years consecutively.The MCA site reflects the names of the defaulted directors and defaulted company secretaries.

20 Oct 2016 by Ankan Bose

Filing Annual Return for Company


Filing Annual Return for Company.The Companies Rules, 2014, requires all the companies to make and file an annual return at the close of each financial year.

21 Oct 2016 by Manmeet Singh

Taking a Deposit in a Private Limited Company


Taking Deposit in a Private Limited Company.Even though a Private Limited Company can accept deposits; however, there are certain limitation on the acceptance of deposits as laid down by the Reserve Bank of India.

27 Oct 2016 by Manmeet Singh

Preference Shares in a Private Limited Company


Preference shares in a Private Limited Company are a class of shares which are entitled to the holder on the basis of a fixed dividend payment.There is a rule that the payment of the preference share dividends takes priority over ordinary share dividends.

27 Oct 2016 by Ankan Bose

Minimum Alternate Tax or MAT


Minimum alternate tax is applicable for Companies and also for Limited Liability Partnerships (LLPs) who are required to pay a minimum tax based on the book profit of the enterprise.

27 Oct 2016 by Lokesh Sharma

Decisions Which Require the Decision of a Company's Board


Some decisions taken in Limited and Private Limited Companies require the permission of the company’s board. As per the Companies Act, the Meeting of the Board of Directors of a particular Company is a crucial aspect of every limited or private limited

27 Oct 2016 by Titly Chatterjee

Registering as a Dormant Company


In India, companies can register as a dormant company.Any company whether it is a limited, private limited or a one person company has the option of registering itself as a dormant company and would be eligible to avail few exemptions

27 Oct 2016 by Ankan Bose