Company Registration in Karur

Wish to Open a new Branch is the Management of the Company’s next step

Wish to open a new branch, it is always tempting to develop or expanding our business by opening a new branch office.There are some significant things you must keep in your mind before start up.   Open a new Branch Rules to follow: There is no specific provision under the 2013 Act with respect to the opening of new branches which are matters day to day for the Management of the company to decide.It may be required to have a resolution…

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Euro Issue in foreign currency with authorized dealers/public financial institutions?

Foreign currency euro issue with the authorized institutions. Here we are going to discuss and get a clear idea about the euro issue in foreign currency with authorized institutions. Foreign currency (Euro issue)  1). Remember that the issue proceeds of your company’s Euro Issue kept in foreign currency can be utilized for the following purposes: (a) meeting the cost of expansion or diversification or acquisition or import of new plants and machinery; (b) repayment of foreign currency loans; (c) any…

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Do you wish to know about the duties of Directors

Do you wish to know about the duties of Directors A director shall act according ,to the Articles of association of the company. A director shall ensure that (a) he acts in excellent faith; (b) he performs his responsibilities with due and reasonable care, skill and diligence and workout unbiased judgment; (c) he does now not involve himself in a state of affairs of warfare of interest with the business enterprise; (d) he does not obtain or try to attain…

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appoint a director or his relative to your company

 appoint a director or his relative and so on. to an workplace or place of profit to your employer or its subsidiary or its accomplice organisation? 1.check if the character, being proposed to be appoint to any office or vicinity ofprofit carrying a total month-to-month remuneration of  lakh fifty thousand rupees or more [Rule 15(3) of the Companies (Meetings of Board and its Powers) Rules, 2014′] is con-nected with a director in any of the methods referred to in 2.Convene a Board…

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inspection and maintanence of document in electronic form

 Inspection and  Maintenance  of document in electronic form. 1)Every company having shareholders ,debentures holders,security holders less than one thousand ,shall maintain its records,according to the rules made there under electronic form Explanation-if the company is existing,then all their physical documents should be converted into electronic form from the date of notification under the act of 120. Provided that – all the records should be maintained in the same fonts according to the rules in accordance with all other requirements. 2)…

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