We will explore the significance of section 148 of the Companies Act 2013 and cost accounting. These are key to ensuring fair pricing of goods and services. India is the first in South Asia to require cost audits for some sectors. Companies with an annual turnover of Rs. 50 crore or more must follow this […]
We will explore the importance of Section 189 of the Companies Act 2013. It requires companies to keep a register of contracts where directors have interests. This ensures transparency and prevents conflicts of interest. The Companies Act 2013, Section 189, is key in regulating these contracts. The register of contracts is a vital part of
Section 128 is key in Indian company law. It talks about keeping books of account for companies. The Act says every company must have books that show its true financial state. Books of account must list all money dealings and goods sold or bought. They also need to show the company’s assets and debts. These
In India, every company must file an annual return by the end of each financial year. This is required by Section 92 of the Companies Act, 2013. The annual return includes important details about the company’s structure, finances, and governance. The Companies Act 2013 makes sure companies follow this rule. It does this by setting
The Companies Act 2013 says every company, except One Person Companies, must have an Annual General Meeting (AGM) within a certain time after each financial year. This meeting is key for the company to talk with its shareholders. It’s about the company’s performance, the auditor’s appointment, and other big issues. Knowing Section 96 well is
The Companies Act 2013, Section 56, is key in India for handling the transfer and transmission of securities. It lays out the legal rules, steps, and effects of these actions. The transfer of securities is a big part of the Act, and Section 56 guides companies on how to do it right. Knowing Section 56
We will guide you through Section 89 of the Companies Act 2013. We’ll cover its goals, scope, and who it applies to. This includes the rules for declaring beneficial interest in shares. Section 89 requires people holding shares for others or with beneficial interest to tell the company about it. Let’s dive into Section 89’s
We’re here to give you the lowdown on Schedule 6 of the Companies Act 2013. It’s a key part of India’s corporate law. It deals with infrastructure projects like transportation and water management. These projects help grow the economy and improve the country. Infrastructure projects cover big areas like transportation and water management. They also
We will explore the main points of Section 102 of the Companies Act 2013. This section is about explaining special business at general meetings. It makes sure companies are open and fair in how they run. The Companies Act 2013 is a big law for companies in India. Section 102 helps shareholders make smart choices.