Mca Notification dated 30.06.2016, Amended AOC-1 format, Director Report Disclosures

 

 

Provisions Relating to Director’s Report:-

 

Ø  Applicability of Provision of Section-134 of Director Report:

 

The provision of Director Report (u/s 134) is applicable only to financial year commencing on or after 1^st April, 2014.

Ø  Signing of Director’s Report along with Annexure:

1.       As per Section 134(6) Board Report and annexure thereto shall be signed by its ‘CHAIRPERSON’ if he is authorized by Board of director; Where he is not so authorized by,

2.       At least 2 (Two) Director, one of whom shall be a Managing Director.
3.       If there is no Managing Director then by Two Directors.

​​

1. Mca Notification dated 30.06.2016 w.r.t Disclosure in Director Report &

Amendment in Rule 3-No MR-1 is required for 

1. Chief Executive Officer (CEO), 
2. Company Secretary and 
3. Chief Financial Officer (CFO)~

http://www.mca.gov.in/Ministry/pdf/AmendmentRules_01072016.pdf​

​2. 

​​

AOC 1 FORMAT HAS BEEN AMENDED WHICH IS can be downloded from here​

http://csravi2014.blogspot.in/2016/09/aoc-1-format-has-been-amended.html

​3. ​Disclosure in 

Secretarial audit

​

Secretarial audit should disclose the fact

​ ​

That

• - SS has been followed ( as it has been applicable and followed
• - LODR has also been followed ​

MANDATORY DISCLOSURE TO BE MADE BY PUBLIC COMPANY

Disclosure about receipt of commission by MD/WTD- S 197(14)

Any MD/ WTD who receive commission from a company shall not be disqualified from receiving commission or remuneration from the Company’s holding or subsidiary if such fact is disclosed by the Company in Board’s Report.

Thanks & Regards

RAVI GARG (CS)     

91-7838204665, 

91-7830007660

Facebook Group

Google Group

Linkedin