Rights and Duties of the Auditor – Introduction Section 143(1) which specifies rights and duties of auditors and auditing standards is applicable to all the companies alike, whether public or private. Sub-section (1) of section 128 provides that the books Read More
Loans and Investments by Company – Company Registration in Bangalore
Loans and Investments by Company Section 186 of the 2013 Act is substantially similar to the provisions of section 372 A of the 1956 Act. One of the significant additions to the section is sub-section (1) of section 186 of Read More
Appointment of Auditors – Company Registration in Bangalore
Scope of Section The Act seeks to ensure that the appointment of an auditor is not in the hands of the directors. That is why it is vested in the general body of shareholders. The directors may appoint the first Read More
Alterations Corresponding to the Companies Act – Company Registration in Bangalore
Alterations of Memorandum of the Company[Section 13(1) of Companies Act,2013] A Company may,in general,alter its memorandum ,by passing a special resolution and complying with other conditions as provided below.It is most important to note that this is subject to section Read More
Number of Directorship of the Private Company-Company Registration in Bangalore
Introduction Section 275 of the 1956 Act prohibited a director from holding the office of a director in more than fifteen companies. Initially the limit specified was twenty which was subsequently reduced to fifteen by the Companies (Amendment) Act, 2000. Read More