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Change in registered office within same state shifting from jurisdiction of ROC to another
Corporate & Other Laws
asked 1 day ago
As underlined in the picture, there is a contradiction between Section 12(6) of the Companies Act and Rule 28 of the Companies (Incorporation) Rules. I am confused about both. • Section 12(6): RD Order within 30 days and filing within 60 days. • Rule 28: RD Order within 15 days and filing within 30 days. Additionally, Rule 28 talks about an order approving the alteration of the MOA for the transfer of the registered office within the same state. However as per my knowledge, the MOA does not get altered for a change within the same state, as Clause II of the MOA contains only the name of the state. Please help me clarify the doubt.
latest answer
No answers yet!!
Monisha KM
CA Inter
★ 825
0
27
SET A ch3( Managerial personnel)
Corporate & Other Laws
answered 2 days ago
How is remuneration calculated
latest answer
Maam ICAI ans is (b). How is that calculated
Akella Deepthi Sivani
CA Final
★ 10K+
2
44
Foreign Exchange Management
Corporate & Other Laws
answered on 05-Jun-24 16:30
Commission per transaction to agent abroad for sale of residential flats in India exceeding USD 250000 OR 5% of inward remittance whichever is more prior approval of RBI is required. My doubt is when agent are available to sell the flat why should I appoint a person outside India. I am not clear on this point
latest answer
This is the situation where the target market is the international buyers an agent abroad can provide significant value there.
swaminathan sundaram
CA Final
★ 110
1
46
MD remuneration
Corporate & Other Laws
answered on 03-Jun-24 16:05
MD remuneration is based on net profit of the company. Assuming that Mr X is appointed as a MD on the month of April 2024 how much profit will company earn I can calculate after closing my book on 31st March 2025 . So how can I fix MD remuneration on April 2024. Kindly help me in understanding the concept
latest answer
There is some part which is fixed and remaining is paid as variable. The overall remuneration should not exceed the limit specified under the companies act.
swaminathan sundaram
CA Final
★ 110
1
46
Clarification in Oppression and mismanagemetn
Corporate & Other Laws
answered on 01-Jun-24 12:41
As per Section 241 any member of the company may complain that the affairs of the company have been conducted in a manner prejudicial to public interest or oppressive to member or prejudicial to interest of the company. Here member means Directors of the company I am not clear in understanding the same. Prejudicial to interest of the the company means shareholder.
latest answer
Members means shareholders. So if the affairs of company is conducted against the views/concerns of members or there is misuse of powers by Management of the company then sec 241 can be invoked and appeal can be filed to NCLT.
swaminathan sundaram
CA Final
★ 110
1
40
Financial year
Corporate & Other Laws
answered on 06-Jun-24 11:45
Hai Friends Please explain this last paragraph in simple way
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Thank you mam
siddesh N
CA Inter
★ 3K+
2
47
Commencement of act
Corporate & Other Laws
answered on 31-May-24 15:41
Hai Friends What is the exact date of commencement of Companies act 2013 1.30th August 2013 2.12th September 2013 3.1st April 2013 In which option is correct??
latest answer
Thanks 😊
siddesh N
CA Inter
★ 3K+
2
39
SPOM MCQs [SET A]
Corporate & Other Laws
answered on 29-May-24 14:56
I can't understand the answer.
latest answer
Understood ma'am thank you.
Akella Deepthi Sivani
CA Final
★ 10K+
7
120
Negotiable instruments
Corporate & Other Laws
answered on 29-May-24 09:55
hii can anyone tell me in negotiable instruments dishonour of cheque for insufficient of fund in the account and bouncing of cheque are same or different ?
latest answer
There's no such difference between them.
Vignesh s
CA Foundation
★ 3K+
2
48
Contract Act 1872
Corporate & Other Laws
answered on 24-May-24 12:03
What is the correct conclusion?
latest answer
It is a case of general offer and Mr. Vikram is entitled to the reward.
harish Haran
CA Foundation
★ 3K+
3
63