Form DPT-3 is the Return of Deposits filed pursuant to Rule 16 of the Companies (Acceptance of Deposits) Rules, for reporting the return of deposits or particulars of transactions that are not considered as deposits or both. This return is…
Whether an auditor can be removed before the completion of his tenure? Yes, but it is not an easy job to remove an auditor, it is always better to ask for the resignation of the auditor. Given below is the…
Is the concept of rotation of auditors applicable to every company? No, the provisions pertaining to the Rotation of Auditors are applicable to the following companies only: What is the term for which an Auditor can be appointed in the…
The Statutory Auditors of our company have resigned. What is the procedure to appoint a new Auditor? Type of Company C&AG Board Members Government Company Within 30 days from the date of the vacancy In case of failure of C&AG…
The Ministry of Corporate Affairs (MCA), on 18th August 2022, notified Companies (Incorporation) Third Amendment Rules, 2022. Vide this amendment, MCA has announced a new Rule 25B, which is “Physical verification of the registered office of the Company”. The Company’s…
Foreign Exchange Management Act, 1999 (‘FEMA’) is one of the key Indian legislations brought into force with the objective of facilitating external trade and payments and promoting the orderly development and maintenance of the foreign exchange market in India. For…
FAQs on the appointment of Auditor under the Companies Act, 2013 (Government & Other than Government Company) First Auditors: When do I appoint the first Auditor of the Company and how? Type of Company Appointment by C&AG Appointment by Board…
Ministry of Corporate Affairs (MCA) issued a Notification dated December 26, 2016, notifying Section 248 to 252 of the Companies Act, 2013 (Chapter XVIII). This chapter deals with the Removal of Names of Companies from the Register of Companies. Section 560 of the erstwhile…
DIN means 8 numeric digit identification number which the central government may allot to any individual, intending to be appointed as a director or to any existing directors of a company, for the purpose of his identification. Any person intending…
A Director of a company can resign from the board of the company at any point of time provided the provisions given below shall comply while resigning from the Board of the Company. Director shall give notice in writing to…