Company Secretarial Compliance Company secretarial compliance audit refers to an independent examination and evaluation of a company’s secretarial and compliance practices by a qualified professional, typically a practicing company secretary. The objective of a secretarial audit is to assess the company’s adherence to legal and regulatory requirements, corporate governance norms, and prescribed secretarial standards.… Read More »
Company Secretarial Standards Company Secretarial Standards refer to a set of guidelines and practices that govern the conduct and responsibilities of company secretaries. These standards aim to ensure uniformity, professionalism, and best practices in the field of company secretarial work. In India, the Institute of Company Secretaries of India (ICSI) has established secretarial standards… Read More »
Secretarial compliance Secretarial compliance, refers to the adherence and fulfillment of legal and regulatory requirements related to corporate governance and company law by a company or organization. It involves ensuring that the company’s activities, operations, and decision-making processes comply with the applicable laws, regulations, and guidelines. Secretarial compliance typically covers a range of activities and… Read More »
Corporate Secretary Website Link Corporate Secretary:”Yes, a company secretary can sign board resolutions. In fact, the Corporate Secretary often plays a crucial role in preparing and signing board resolutions on behalf of the company. The board resolution is an official document that documents the decisions and activities undertaken by a company’s board of directors in… Read More »
How to do GST compliance for private limited company Compliance with GST for a private limited company entails meeting the prescribed guidelines and fulfilling the requirements of the Goods and Services Tax (GST) as established by the tax authority. Here are some key aspects of GST for Private limited company: GST Registration: If your company… Read More »
Statutory and non-Statutory Audit Statutory audit and non-statutory audit are two types of audits that serve different purposes. A statutory audits is a legally required audit that is performed to ensure that a company’s financial statements are accurate and comply with applicable accounting standards and laws. This type of audit is typically conduct by an… Read More »
One Person Company One Person Company (OPC) is a type of company that can be formed with only one person as its member or shareholder. It introduce in the Companies Act, 2013 to encourage small business owners and entrepreneurs to start their own companies with limited liability protection. A OPC has a separate legal identity… Read More »
User Intent Users searching for “Is MoA and AoA required for OPC?” are primarily looking for detailed insights into the legal requirements of an One Person Company (OPC) in relation to the Memorandum of Association (MoA) and Articles of Association (AoA). They may be business owners, legal professionals, or aspiring entrepreneurs who… Read More »
What is company limited by shares A company limited by shares is a common business structure in which the liability of its shareholders is restricted to the amount they have invested or committed to invest in the company’s shares. This structure provides a clear separation between the financial responsibilities of the shareholders and the company… Read More »
Difference between limited and private limited When setting up a business, choosing the right type of company structure is crucial for legal and financial reasons. In many jurisdictions, including India, the terms “Limited” and “Private Limited” denote different types of companies with distinct characteristics, benefits, and limitations. What is a Limited Company? A Limited Company… Read More »