Some Important points in Company Bill, 2012:- 1. Maximum Director in a Company increased from 12 to 15. Further may be increased by Special Resolution. 2. A person may be appointed as an Auditor in 20 companies. 3. 2% CSR is mandatory for Profit making company. 4. CS/CA/CWA, etc are in list of Expert (uske baad koi bachta b nhi) - so its not a new or good news. 5. NCLT / NCLAT has introduced 6. Signing of Annual Return by PCS if secretary is in company is mandatory (but for such a class specified in act. - Small Company & One Person Company are excluded from that list already) 7. CS is practice for atleast 15 & 25 years eligible for appointment as technical member of NCLT / NCLAT respectively. 8. Statutory Recognition of SecretarialStandards. 9. Provision of Penalty is also imposedin CS/CA/CWA. (1 lac to 25 lacs) 10. Matter of Internal Audit is also concerned in this bill 11. Further matters on Insider Trading,Public Deposit, Punishment and etc are discussed in this in important manner. 12. Concept of One Person Company, Shelf Company and much more are introduced, etc. further will update you more. Most Important : Need more certifications in Auditing & in Finance+ Taxation Fields - After that we may feel that yes this is the Value of Profession and Professionals.
Posted on: Sun, 11 Aug 2013 03:25:08 +0000
Recently Viewed Topics
© 2015