Executive Compliance at Compliance Calendar, CS Professional student, Bcom from Delhi University
Curious to learn
Click here for more
Corporate Compliances
Company Secretary Student at Professional Level
Section 89 & 90 of the Companies Act, 2013 When a person intends to buy a certain number of shares in the company to acquire the ownership in the company, it becomes crucial to know the type of ownership the person will be entitled to. Now the question comes to our mind is: Whether he will be referred to as Registered Owner or Beneficial Owner or Significant Benefici......
The Ministry of Corporate Affairs (MCA) has notified Companies (Auditor’s Report) Order, 2020 on 25 February 2020 (CARO 2020). It aims to align with international standards and best practices, ensuring transparency and accountability in financial reporting. CARO 2020 outlines specific reporting requirements for auditors while examining the accounts of companies. &nbs......
Financial Statements are a crucial part of a business that exhibits the essential information that every organisation relies upon. These statements are not mere collections of numbers and figures; they are powerful tools that provide insights into an organization's financial health, performance, and overall well-being. From startups to multinational corporations, financial statements play a pivota......
A private company restricts by its articles the right to transfer its shares as per section 2(68) of the Companies Act, 2013. The transfer of shares of a private company to be considered as only ‘restricted’ not ‘prohibited’. This foremost restriction ensures that the board retains the maximum limit of 200 members and be in the ambit of definition of private companies. On t......