January 2024

Section 36 – The Company Secretaries Act, 1980

Protection of action taken in good faith No suit, prosecution or other legal proceeding shall lie against the Central Government or the Council or the Authority or the Disciplinary Committee or the Tribunal or the Board or the Board of Discipline or the Disciplinary Directorate or any officer of that Government, Council, Authority, Disciplinary Committee, Tribunal, Board, Board of Discipline, or the Disciplinary Directorate, for any thing which is in good […]

Section 35 – The Company Secretaries Act, 1980

Directions of the Central Government (1) The Central Government may, from time to time, issue such directions to the Council as in the opinion of the Central Government are conducive to the fulfillment of the objects of this Act and in the discharge of its functions, the Council shall be bound to carry out any such directions. (2) Directions

Section 34 – The Company Secretaries Act, 1980

Alteration in the Register and cancellation of certificate (1) Where an order is made under this Act reprimanding a member, record of the punishment shall be entered against his name in the Register. (2) Where the name of any member is removed, the certificate of practice granted to him under this Act shall be recalled

Section 33 – The Company Secretaries Act, 1980

Provisions respecting employees of the dissolved company 1) Every person employed in the dissolved company and continuing in its employment immediately before the commencement of this Act shall, as from such commencement, become an employee of the Institute, shall hold his office or service therein by the same tenure and upon the same terms and conditions

Section 32 – The Company Secretaries Act, 1980

Transfer of assets and liabilities of the dissolved company to the Institute (1) On the commencement of this Act, there shall be transferred to and vested in the Institute all the assets and liabilities of the dissolved company. (2) The assets of the dissolved company shall be deemed to include all rights and powers, and all property,

Section 31 – The Company Secretaries Act, 1980

Dissolution of the Institute of Company Secretaries of India registered under the Companies Act On the commencement of this Act— (a) the company known as the Institute of Company Secretaries of India registered under the Companies Act shall stand dissolved and thereafter no person shall make, assert or take any claims or demands or proceedings against the dissolved company

Section 30 – The Company Secretaries Act, 1980

Amendment Omitted by The Company Secretaries (Amendment) Act, 2006 w.e.f. 17-11-2006 Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax

Indira Awaas Yojana

Indira Awaas Yojana (IAY) is a sub-scheme of Rural Landless Employment Guarantee Programme (RLEGP) which was launched by the Ministry of Rural Development. The main objective of the Indira Awaas Yojana is to provide a grant for the construction of houses to members of Scheduled Caste (SC)/Scheduled Tribes (ST), freed bonded labours and to non-SC/ST category

Anti dilution clause

The anti-dilution clause allows investors to retain their shareholding percentage if new shares are issued. Anti-dilution provisions are clauses that allow investors the right to maintain their ownership percentages in the event that new shares are issued. Dilution refers to a shareholder’s ownership decreasing as a result of new shares being issued. What is an

Section 196,197 of Companies Act, 2013

Sections 196 and 197 of the Companies Act 2013 and the rules made thereunder read together with Schedule V provide for the appointment and remuneration of a managing director, whole-time director, or manager. Appointment of a managing director, whole-time director, or manager The company must have either a managing director or a manager at the