Jewellery has been an integral part of human civilization. Some people wear Jewellery at auspicious occasions like marriages, engagements, etc as it’s a symbol of power and prestige and others worn to deliver style statement and be fashionable. In this article we will be discussing how to register a retail jewellery business name in India, how to obtain business license, … [Read more...] about How to start a retail jewellery business in India
Archives for October 2015
Ratification of Company Statutory Auditor – In cases where appointment is for 5 years tenure
As per section 139(1) of Companies Act 2013, every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and thereafter till the conclusion of every sixth meeting. As per first proviso to section 139(1) of Companies Act … [Read more...] about Ratification of Company Statutory Auditor – In cases where appointment is for 5 years tenure
Form MGT9 is to be attached to Company’s Directors Report – Companies Act 2013
As per sub section 3 of Section 92 of Companies Act 2013, an extract of the annual return in such form as may be prescribed shall form part of the company's board’s report. This means, from financial year 2014-2015 onward, the extract of the annual return shall form part of the Board’s report instead of balance sheet as provided in earlier old Companies Act 1956. Rule 12 … [Read more...] about Form MGT9 is to be attached to Company’s Directors Report – Companies Act 2013
How to calculate company’s Earnings per Share or EPS
Calculating net profit margin is not enough in order to invest in a company. You have to analyse the company from all steps in order to know whether the stock is a good investment for you. One of such factors is earnings per share or EPS. Earnings Per Share (EPS) is one of the most important metrics for an investor. Companies while reporting their income statement, mention … [Read more...] about How to calculate company’s Earnings per Share or EPS
Company annual return in Form MGT7 – Preparation, Time Limit, Fee and Penalty as per Companies Act 2013
In old Companies Act 1956, Section 159,160,161,162 and Schedule V were dealing with the company Annual Return & related provisions. Now company annual return provisions are combined together in Section 92 of the new Companies Act 2013. As per the new law, annual return is compulsorily required to be filed with the registrar of companies or ROC in the prescribed form … [Read more...] about Company annual return in Form MGT7 – Preparation, Time Limit, Fee and Penalty as per Companies Act 2013