1. CSR Committee (Section 135 of Companies Act 2013) Every company having the following criteria shall contribute in every financial year, at least two per cent. Of the average net profits of the company made during the three immediately preceding financial years Net Worth: Rs. 500 Crores Turnover: Rs. 1000 Crores Profits: Rs. […]
Read More →7 things you can do to handle a case of sexual harassment at the workplace Handling sexual harassment at the workplace can be tricky business. At stake is not just the morale and the productivity of employees, but also the very reputation and growth of the company. Here are some things you should consider as […]
Read More →LLP (Limited Liability Partnership) is the hybrid form of Partnership Firm and Company, which is governed by the Limited Liability Partnership Act, 2008. Unlike Partnership Firm it has to inform Registrar of Companies and to other Departments, time after time. Besides other reporting, LLP is required to file certain reports on due date basis. Let’s […]
Read More →Meaning: As per section 406 of Companies Act 2013 ,“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, receiving deposits from, and lending to, its members only, for their mutual benefit ,and which complies with such rules as are […]
Read More →Compliance Description Events Periodicity Applicability/ Compliance Activity Exemption Penal Provision The Legal Metrology Act, 2009 & Legal Metrology (Packaged Commodities) Rules, 2011, Legal Metrology (General) Rules, 2011, Legal Metrology (Numeration) Rules, 2011 To establish and enforce Standards of Weights and Measures, regulate trade and commerce in weights, measures and other goods which are […]
Read More →Meaning: As per sec 465(1)of companies Act ,2013,Producer Company is a group of people engaged in the production of primary produce and body corporate having its objects and activities as specified in section 581 B of companies Act,1956 “Primary produce” means – (1) produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, […]
Read More →The Government of India in its endeavour to attract more foreign investment has liberalized FDI policy by enhancing the limit of foreign investment in insurance sector from 26% to 49% under the automatic route subject to certain terms and conditions which have been notified through Press Note No. 1(2016 Series), D/o IPP File No. […]
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