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The Companies (Amendment) Bill, 2020. Status: In force. The Companies Act 2013 (No. 18 of 2013) is an Act of the Parliament of India which forms the primary source of Indian company law. It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956. The Act was brought into force in stages.
www .icsi .edu. The Institute of Company Secretaries of India ( ICSI) is a national professional body in India under the ownership of Ministry of Corporate Affairs, Government of India with the objective of promoting, regulating and developing the profession of company secretaries in India. [1] It is headquartered in New Delhi, has four ...
In a new with the Companies Act 2013, section 135 requires companies to spend 2% of their net profit on socially responsible projects, if they have a net worth of over ₹5,000,000,000 (500 crore), or a turnover of over ₹10,000,000,000 (1000 crore), or a net profit over ₹50,000,000 (5 crore). Socially responsible projects are defined in ...
Since 2009, the salaries per annum of members of the United States Congress have been as follows: [6] Position. Salary. Speaker of the House of Representatives. $223,500. Majority leader and minority leader of the House of Representatives. $193,400. President pro tempore of the Senate. $193,400.
A country's net worth is calculated as the sum of the net worth of all companies and individuals resident in that country, plus the government's net worth. For the United States, this measure is referred to as the financial position, and totalled $123.8 trillion as of 2014. [Out of date] Importance. Net worth is a representation of where one ...
A Company Secretary is an individual who has qualified for the examinations and completed the required practical and theoretical sessions conducted by the Institute of Company Secretaries of India (ICSI), a body of registered Company Secretaries founded in 1980. [2] Every Indian company, public or private, with paid share capitals of at least ...
American households reported an average retirement account balance of $333,940 and an average net worth of $1.06 million. Read on to see an age-based breakdown of those figures. A person dropping ...
Qualified institutional placement. Qualified institutional placement ( QIP) is a capital-raising tool, primarily used in India and other parts of southern Asia, whereby a listed company can issue equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares to a qualified ...