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

Section 29D – The Company Secretaries Act, 1980

Terms and conditions of service of Chairperson and members of Board and its expenditure (1) The terms and conditions of service of the Chairperson and the members of the Board, and their allowances shall be such as may be specified. (2) The expenditure of the Board shall be borne by the Council.”. Practice area’s of B K Goyal & Co

Section 29C – The Company Secretaries Act, 1980

Procedure of Board The Board shall meet at such time and place and follow in its meetings such procedure as may be specified. 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 |

Section 29B – The Company Secretaries Act, 1980

Functions of Board The Board shall perform the following functions, namely :– (a) to make recommendations to the Council with regard to the quality of services provided by the members of the Institute; (b) to review the quality of services provided by the members of the Institute including secretarial services; and (c) to guide the members of the Institute to improve the quality of

Section 29A – The Company Secretaries Act, 1980

Establishment of Quality Review Board (1) The Central Government shall, by notification, constitute a Quality Review Board consisting of a Chairperson and four other members. (2) The Chairperson and members of the Board shall be appointed from amongst the persons of eminence having experience in the field of law, economics, business, finance or accountancy. (3) Two members of the Board shall be

Section 29 – The Company Secretaries Act, 1980

Sanction to prosecute No person shall be prosecuted under this Act except on a complaint made by or under the order of the Council or of the Central Government. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing

Section 28 – The Company Secretaries Act, 1980

Offences by companies (1) If the person committing an offence under this Act is a company, the company as well as every person in charge of, and responsible to, the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence