Saturday, March 15, 2025
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CS Divesh GoyalOffline

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    Whether Dividend can be paid in kind

    As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash.

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    Process of Appointment of Managing Director

    It is mandatory for the below mentioned companies to appoint Managerial Personnel: 1. All Listed Companies 2. Every Public Company having a Paid-Up Share Capital of Rs. 10 Crore

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    Provisions related to MD and Whole Time Directors

    APPLICABLE PROVISIONS- MANAGERIAL PERSONNEL: SECTIONS INVOLVED: Section 152(2):  Save as otherwise expressly provided in this Act, Every Director shall be appointed by the company in general meeting. Section 170(2) A return containing such particulars and documents as may be prescribed, of the directors and the key managerial personnel shall be filed with the Registrar within […]

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    Nidhi Companies as per Companies Act 2013 [Section 406]

    "Nidhi” means a company which has been incorporated as a Nidhi with the object of • Cultivating the habit of thrift and savings amongst its members,

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    Right Issue of Shares under Companies Act 2013

    As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion

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