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Under the Companies Act 2013 in India, oppression refers to actions taken by the majority shareholders that unfairly prejudice the interests of minority shareholders. It involves conduct that is burdensome, harsh, or wrongful, leading to a situation where minority shareholders are not treated equitably. The Act provides a legal remedy for such minority shareholders to seek relief from the National Company Law Tribunal (NCLT) if they believe their rights are being violated or if the company's affairs are being conducted in a manner oppressive to them.
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What companies offer domain names hosting services?
Many companies offer domain name hosting services, such as: Go Daddy, Network Solutions, My Domain, Domain, Register, Name, and Hosting Dude. Of these, Hosting Dude may be the cheapest, charging as little as $1.99 per year.
What are some companies that can offset and reduce business insurance costs?
smaller companies can reduce the insurance costs by 35% by ensuring the average wages dont exceed $50,000 per employeee. The company can apply to shop in the healthcare insurance marketplace as of 2014.
Can an OPC converted into Private Limited Company?
Yes, a One Person Company converts itself into a Private Limited Company as following: Voluntary conversion: When a One Person Company gets incorporated, it cannot convert itself to Private or Public company for a period of not less than two years from the date of incorporation. Means if you want to get converted voluntarily you have to wait for two years to over Compulsory Conversion: When a One Person Company has a paid-up capital more or equal to Rs 50 lakh or, the annual turnover for the relevant financial year exceeds Rs 2 crore, then in such conditions, the company has to compulsorily convert itself into Private Limited Company or Public Limited Company.
What are competitive hourly bill rates that staffing companies charge construction companies for welders and millwrights and other trades?
Competitive hourly bill rates for staffing companies providing welders and millwrights typically range from $50 to $100 per hour, depending on factors such as location, experience level, and demand for specific skills. Rates may also vary based on project complexity and the duration of the contract. In regions with high demand for skilled labor, these rates can be on the higher end, while more rural areas may see lower rates. Additionally, specialized trades or certifications can command premium rates.
What is widely held public company?
Widely held public companies are those limited companies which are listed with Stock exchanges and closely held limited companies are the ones which are not listed.
What Is the rate of Depreciation as per companies act 1956 on computer server?
The Rate of Depreciation on Computer as per Companies Act is 40%
Where you have to go for registration of company under companies act 1956?
To the registrar of companies and have to file the required documents as per the act
What is the rate of depreciation on projectors as per companies act?
60%
What is the Depreciation on mobile phone as per companies act?
13.91 %
Balance sheet as per companies act 1956 part 1 sedule 6?
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
What is the rate of depreciation of air conditioner as per companies act?
13.91%
How many directors are required for private limited company?
A minimum of 2 (two) directors are required to register a Private Limited. However, the maximum number of directors can be extended up to 20 (twenty) as per the provisions of the Companies Act, 2013.
What is Promoter's capital contribution as per Companies Act 1956?
Promoters are the overall controllers of the companies. They are instrumental in formulation of a plan or a program pursuant to which securities are offered to the public.
Did a person applying for shares in a company in fictitious name is liable to be punished with imprisonment as per Indian companies Act?
It can lead to banning from participating in the markets. SEBI had recently investigated and punished erring institutions, brokers, DPs and individuals. If your question is to confirm whether punishable under companies Act, for an individual companies act would not apply.
What is depreciation rate on mobile phones as per companies act?
The depreciation rate on mobile phones as per companies act is explained very simply. As soon as a person purchases a phone and uses it for the period of one month that phone has lost at the least half of its value. This is due to the constant surge ahead made by developers of mobile phones.
Format of balance sheet of manufacturing company as per Schedule VI of Companies Act 1956?
where we can show bank overdraft in balance sheet
Definition of promoter in companies act?
As per the new companies Bill. The new definition says any person who has control over the affairs, directly or indirectly, whether as a shareholder, director or otherwise, or in accordance with whose advice, directions or instructions the board of directors is accustomed to act, will be considered its promoter.
