We have been deliberating on Section 2(30) of the Companies Act, 1956. In the earlier issue, we concluded that the “Liquidator” of the Company can be considered as the officer of the Company as per the said Section. We shall now discuss if the Liquidator can be treated as the ‘Principal Officer’ under the Income […]
INTRODUCTION The origin of ‘Trusts’ can be traced back to the ancient times when human motivation to do charity and dedicate property for charitable and religious purposes found its manifestation in the form of dharmashalas, annachatras, sadavarts, educational and medical institutions, construction of water tanks and wells, bathing ghats,implanting trees etc. with the emergence of
Hard work, dedication and commitment always pays off……Congratulations to Muhammad Shahid Nazir for his innovative marketing technique to attract customers. His rhythmic and catchy song “One Pound Fish”, which he composed to attract customers, has hit more than 3.6 million views on YouTube and is also giving him a chance to strike a deal to
On 23rd October, 2012, R & A celebrated its 16th Foundation Day. Every year the event is celebrated in great grandeur. However this year it was decided to have it as a close knit family affair. The occasion was commemorated with the customary Pooja in the morning. In appreciation of the achievements of the members
R & A’s 16th Foundation Day Read More »
LABOUR & OTHER COMPLIANCE’S FOR THE MONTH OF NOVEMBER 2012 S. No Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5thNovember, 2012 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5thNovember,2012 3 Profession Tax Monthly Return Form V
Compliance Calendar For the Month of November, 2012 Read More »
Word: “Contempt” Meaning: A failure to show appropriate respect for something that other people consider to be important. Example:A person held in “contempt” of the court may be incarcerated. Pronounciation: con+tempt Word: “Incarcerate” Meaning: to detain a person in prison, typically as punishment for a crime (custodial sentence). Example: He is currently incarcerated in spain
In the previous issue we have been discussing regarding the Section 2(30) of the Companies Act 1956, we shall continue to deal with the same Section in this issue also. Section 2(30) reads as under: “Officer includes any Director, Manager or Secretary or any person in accordance with whose directions or instructions the Board of
It is indeed a great privilege for me to announce that “R & A” completed its 16th Foundation Day on 23rd October, 2012. The entire R & A family actively participated in the event with great pride and joy. The occasion began with a Pooja followed by a blood donation drive and a grand lunch.
Introduction The present Companies Act in India was enacted in 1956 and has since been amended nearly 20 – 25 times by incorporating several major and minor alterations and also effecting several deletions. Moreover, over the years hundreds of circulars and notifications have also enlarged the scope of the Act. A view has emerged that
Position of Company Secretaries under the Companies Bill, 2011 Read More »
Export of Goods and Services – Simplification and Revision of Softex Procedure – The simplified and revised Softex procedure was introduced by RBI vide A.P. (DIR Series) Circular No.80 dated February 15, 2012 and since its introduction, the revised procedure for export of software services has been running successfully at the 5 designated centres. RBI
RESERVE BANK OF INDIA (RBI) Read More »