1.Under the 2013 act, there is no provision similar to section 228 of the 1956 act read with companies (branch audit) rules, 1961 providing for seeking any exemption from central government from carrying out audit of branches. 2.Companies have to …
(1)A company may borrow money from various purposes from various sources and in various forms. The first and foremost requirement is to exercise its borrowings powers only a meeting of its board of directors or a committee of directors. (2) …
Do you wish your company to be a member of its holding company ? 1. Note that a subsidiary company is prohibited from becoming a member of its own holding company. 2. Also note that if by in advertence, the …
1. It shall be the part of every company incorporating a charge within or outside India for their assets or property or any of its undertakings. It is placed in India or outside India. Where the particulars of the charge …