Responsibilities of the Company Secretary A Company Secretary is basically a person who holds the senior position in a company, both private and public. Having the position is equivalent to that of a manager, a Company Secretary ensures smooth and efficient administration of their company.
Tag Archives: Valuation under companies act
Dividend can be paid in kind ? Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash. Dividend: Section 2(35) of the Companies Act, 2013 simply states that “Dividend Includes Any Interim Dividend”. Thus, the definition of dividend under the Companies Act is an inclusive definition.
Recommendation for deposits Proposed recommendations of The Companies Law Committee for Deposits under Companies Act, 2013 Definition of Deposit: The Committee considered the suggestion for making the definition of deposit less restrictive, but felt that adequate prescriptive powers for excluding amounts received by a company from the term ‘deposit’ have been provided in the definition […]
Related party transactions Sections and provisions applicable · Section 188 of Companies Act, 2013 [Related Party Transactions] · Rule 15 of the Companies [Meetings of Board and its Powers Rules], 2014
Whether Dividend Can Be Paid In Kind Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash. Dividend: Section 2(35) of the Companies Act, 2013 simply states that “Dividend Includes Any Interim Dividend”. Thus, the definition of dividend under the Companies Act is an inclusive definition.