0
What else can I help you with?
What is the secreatry's role in business?
The duties of the person responsible for company secretarial matters are not defined specially within company law. However, these may be divided generally into three main areas:maintaining statutory registerscompleting and filing statutory formsmeetings and resolutions.
Are the duties of a cmpany secretary merely ministerial?
a company secretary is defined as an officer appointed by the board of directors to ensure that the legal obligations is complied as demanded by the company legislation's. the company secretary has some roles and duties to perform. below are few of them; calling for meetings, recording of minutes, keeping statutory record books etc.
Are wholly-owned subsidiaries required to hold an AGM?
Wholly-owned subsidiaries are generally not required to hold an Annual General Meeting (AGM) if their parent company is the sole shareholder and there are no statutory requirements mandating such meetings. In many jurisdictions, the parent company can make decisions on behalf of the subsidiary without convening an AGM. However, specific regulations can vary by country and by the subsidiary's governing documents, so it's essential to consult local laws and the company's articles of incorporation for precise requirements.
What are the rules and regulations under the companies act that a indirectly wholly owned subsidiary of parent company?
Under the Companies Act, an indirectly wholly owned subsidiary is subject to various rules and regulations, including the requirement to prepare and file financial statements, maintain proper accounting records, and comply with corporate governance standards. It must also adhere to disclosure requirements regarding its relationship with the parent company and any transactions between them. Additionally, it may be required to hold annual general meetings and ensure compliance with statutory obligations regarding dividends and capital maintenance. The parent company is responsible for consolidating the subsidiary's financial statements into its own.
When do a company acquire other company?
which was the company that acquired by the intel company
How do you calculate the statutory reserve of a company?
what are the statutory reserves of a company?
What type of company needs a statutory report?
public company needs a statutory report
Which company is related to statutory meeting?
pubic company
What is a Statutory financial statement?
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.
Who appoints the statutory auditors for a company?
shareholders
What is statutory audit What is the exact meaning of statutory audit?
A statutory audit is a required examination that examines the accuracy of a corporation's or governmental entity's financial accounts and paperwork. The primary goal of this audit is to discover whether a company shows a true and exact picture of its financial standing, achieved through the study of details such as bank funds, accounting records, and financial deals. Objectives of a Statutory Audit Spotting Mistakes Auditors look for any errors in the accounts—whether it's a wrong entry, a missing number, or a simple typing mistake. Catching Fraud They also keep an eye out for anything that looks fishy, like unusual transactions or signs of wrongdoing. Finding Hidden Errors Sometimes mistakes cancel each other out and go unnoticed. Auditors dig in to uncover these kinds of issues too. Fixing Accounting Principle Mistakes If the company has used the wrong accounting method or misunderstood a rule, auditors point it out and help set things right. In India, statutory audits are governed primarily by the Companies Act, 2013 and conducted according to standards set by the Institute of Chartered Accountants of India (ICAI). It's an audit you must have by law, conducted by an independent auditor to protect shareholders, creditors, and the public interest. And if someone wants to understand statutory audits in a more practical way, a lot of students find CA Tushar Makkar’s “Master Blaster of Statutory Audit” course pretty useful.
What is the meaning of statutory company?
statutory co is a company which is passed by a special act by central or state legislature.like-indian railway,icai etc. This co dont required to have its MOA because the rules $ regulation are alredy written in such Act. the audit of such co is conducted by CAG
What is the difference between statutory body and autonomous body?
A statutory body deals with enforcing legislation for a country or state. An autonomous body is a company that regulates its own company law.
Is a company has a statutory right to alter its articles of association?
yes
What is a statutory body.Who are the statutory bodies of India?
A statutory body is a company or organization created by law, or statute, in order to regulate or carry out a public function. Examples of statutory bodies include the Airport Authority of India, the Food Corporation of India and the National Highway Authority of India.
What is statutory controls?
Statutory control is a type of company management that has been imposed by an industrial authority. Malpractice or corruption can lead an industrial authority to appoint a special team to run a company until investigations are complete.
What statutory restrictions are imposed on the alteration of articles of association of a company?
Pata nahi. 03325063036
