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chapter-21, Question Answers

Questions related to Legal Framework Governing Company Secretaries (Chapter 21) Questions related to matter other than Professional/Other Misconduct covered under Schedule 1 (5 Marks Each) Who shall be deemed “to be in practice” according to Company Secretaries Act and regulations made thereunder.Ans. A member of the Institute shall be deemed “to be in practice” when, …

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LEGAL FRAMEWORK GOVERNING COMPANY SECRETARIES

LEGAL FRAMEWORK GOVERNING COMPANY SECRETARIES Introduction – Evolution of Company Secretary as a Profession Who is Company Secretary? According to Section (2)(1)(c) of CS Act, 1980, Company Secretary means a person who is a member of the Institute of Company Secretaries of India. According to Section (2)(24) of Companies Act, 2013, Company Secretary’ or ‘Secretary’ …

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General Meeting GENERAL MEETINGS Under company form of business there can be two kinds of meetings Meetings of Board of Directors (Known as BOD Meetings) Meetings of Members, shareholders or different stakeholders (known as General Meetings) General Meetings can be 2 types: Annual General Meeting (AGM) Extra Ordinary General Meeting (EGM) of Members (Normal EGM) …

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Strike Off and Restoration of Name of the Non-working Company and LLP

Strike Off and Restoration of Name of the Non-working Company and LLP Relevant Sections and Rules Chapter XVIII of Companies Act, 2013 Section 248 to 252 of the Companies Act, 2013 Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 Ways of Stinking off of Companies By ROC suo-moto (under Sub-Section …

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AOA

Article of Association Articles of Association Articles of Association can be defined as rules book of company. AOA define the duties, rights and powers of the governing body of the company and the mode and form in which business of the company is to be carried on, and the mode and form in which changes …

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MOA

Memorandum of Association MEMORANDUM OF ASSOCIATION The Memorandum of Association is a document which sets out the constitution of the company and is therefore the foundation on which the structure of the company is based. It defines the scope of the company’s activities and its relations with the outside world. Purpose of Memorandum The purpose …

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