Removal of Auditor
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…
Category Companies Act, 2013
Rotation of Auditor
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…
Casual Vacancy of Auditor
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…
Appointment of Auditor
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…
Removal of Names of the Companies from Register – Section 248 of Companies Act, 2013 (Replacement of FTE)
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…
Director Identification Number (DIN)
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…
Resignation of a Director
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…
Appointment of Director
Every Company shall have a Board of Directors consisting of Individuals as Directors. An Individual can be appointed to the Board of a company to manage day to day business of the company. Appointment of a director is to be…
Change in Name of the Company
The process for changing in name of a company is much simple than the change in the name of an individual. A Company can change its name at any point of time by complying with the provisions given under section…
FAQs based on chapter v acceptance of deposit & companies (acceptance of deposits) rules, 2014
For Private Companies What is deposit? Any receipt of money by way of deposit or loan or any other form, by a company, but does not include some receipts as specified under the definition of deposit as given under rule…