Section 149 and 152 of the Companies Act, 2013 along with allied rules governs the procedure of appointment of Director in a Private Limited or Public Limited Company. Let us first understand the various nature or kinds of appointment of Directors recognised under Companies Act, 2013. Nature of Appointment of Directors First directors – the…
Compliances has always been an integral part of operating a Company. But now, in this 21st century and new era of technology and increasing number of frauds it has become mandatory for the Government to ensure good governance for betterment and safety of the stakeholders. This article is targeted to cover all compliances for a…
In brief COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) The Ministry has received various representations from stakeholders requesting for grant of one-time opportunity, so as to enable them to compete their pending compliances by filing necessary forms without higher/additional fees. In view of the same, the Ministry of Corporate Affairs (MCA) has come up with a…
MCA has introduced online proficiency test will be conducted by the Indian Institute of Corporate Affairs (IICA) which is mandatory all the Independent Directors. The role of Independent Directors first came into limelight after the Satyam scandal and 10 years on, we wonder how far they have come. Their powers and responsibilities towards stakeholders are enormous…