XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.
XBRL Conversion & Filing India – Applicability, Documents, Timeline, Process, Penalty etc. XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML (Extensible Markup Language), the universally preferred language for transmitting information via the Internet. It was developed specifically to
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National Industrial Classification Code
National Industrial Classification Code is a five digit code and also known as known as NIC Code. The Company uses NIC Code based on the main business activities at the time of incorporation. What is NIC Code? National Industrial Classification
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Corporate Identification Number
CIN stands for Corporate Identification Number. At the time of the incorporation, the Registrar of Companies (ROC) allots unique number to every company, known as Corporate identification number (CIN) of that company. The Power to allot Corporate identification number (CIN) lies
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Consolidated Financial Statements
Earlier, the Securities and Exchange Board of India (SEBI) required the listed entities to prepare Consolidated Financial Statements along with the separate financial statements of the Holding Company. Now, also the Companies Act, 2013 mandates the preparation of Consolidated Financial
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Role of Company Secretary
The Role of Company Secretary in administering and managing the business affairs of the Company has been increased over the years. The Company Secretary is responsible for statutory compliance of the company with the regulators. In today’s business climate, the
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Annual General Meeting
Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. Annual General Meeting requirement
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Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. Section 97 of the
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Extension for convening Annual General Meeting
The Power to grant extension for convening Annual General Meeting (AGM) lies with the Registrar of Companies (ROC). Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting,
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Annual General Meeting
In Continuation to the previous post on Annual General Meeting (AGM): Content of Annual General Meeting Further, the following documents are also to be sent with the notice calling Annual General Meeting: – Copy of Annual Accounts / Financial statements
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Annual General Meeting
Section 96 of the Act deals with the provisions of the Annual General Meeting (AGM) under Companies Act, 2013. What is Annual General Meeting? Section 96 states that every Company registered in India other One Person Company (OPC) is required to
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