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Circulars
Showing Results for : Law : Companies LawYear : 1976
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Results Found:
AI TextQuick Glance by AIHeadnote
WHETHER CAPITAL REDEMPTION RESERVE IS TO BE TREATED AS “FREE RESERVE”
Acceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975
Approval of appointment/re‑appointment and remuneration payable to managing/whole-time directors or managers ‑ Revision of application forms to provide additional information
Providing for proposed dividend in profit and loss account and showing the same under the head “Current liabilities and provisions” in balance sheet ‑ Whether statutory obligation breach of which invites prosecution
Public Deposits - Repayment ‑ Treatment of repayment of loans secured by mortgage of assets ‑ Earlier excluded from definition of deposits but are included now
Scope and provision of Companies (Acceptance of Deposits) Rules, 1975
Dividends - Transfer of unpaid dividend ‑ Scope of the section explained in the context of expressions “has not been paid” and “warrant in respect thereof has not been posted” used therein.
Board of directors must consider annual accounts and approve them before the same are handed over to statutory auditors
Public Deposits - Acceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975
Information required to be furnished in terms of clause (e) to notes appended to form of balance-sheet prescribed in the Schedule
Profit and loss account - Information required to be disclosed in accordance with Part II
Share Capital - Further Issue ‑ Whether the section covers cases of further allotment out of unsubscribed portion of capital and sale of forfeited shares
Board’s report - Companies (Particulars of Employees) Rules, 1975 ‑ Certain queries regarding terms “remuneration” and “last employment held” and other matters connected therewith clarified
Scope of the section relating to declaration by persons not holding beneficial interest in share
Transfer of unpaid dividend ‑ Scope of the section explained in the context of expressions “has not been paid” and “warrant in respect thereof has not been posted” used therein.
Applicability of sub‑section (6) of companies falling under sub‑sections (1A) and (1B)
Signing and confirmation of minutes of the board meeting ‑ Certain queries answered
Appointment of - Whether statutory auditor of company can also be its internal auditor
Officer ‑ When person can be deemed to be “officer” as contemplated in clause (30)
Voluntary winding up ‑ Provisions applicable to members’ winding up ‑ Final meeting and dissolution ‑ Provisions of the sections explained

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