Reliable Solutions"

23/10/2014

wishing you all a very happy and prosperous diwali

FROM :- RELIABLE SOLUTIONS

13/09/2014

Companies Act, 2013:- In accordance with Rule 8 of Companies (Corporate Social Responsibility) Rules, 2014, an Annual Report on CSR Activities shall form part of the Board’s Report. A copy of the Board’s Report is required to be filed with the Registrar along with the Annual Report. There is no requirement of separately filing Annual Report on CSR activities with the ROC

21/08/2014

Companies Act 2013 :- It is very pertinent that the Company keeps the proof of despatch of notices of Board Meetings and other Meetings in its records. Even if the notice is being sent by hand delivery, the proof of receipt by an initial of the receiver and date, in the office copy must be kept. These small precautionary steps will help the Company save many probable litigations in future.

20/08/2014

18/08/2014

We are a service provider in various areas like ....AUDIT,COMPANY LAW MATTERS,TAXATION,ACCOUNTS HAND

14/08/2014

Remember to file GNL-2 on doing private placement of securities. GNL-2 needs to be filed for PAS-4 and PAS-5 separately. In one GNL-2, both the forms are not being taken. GNL-2 needs to be filed within 30 days of the date of Private Placement Offer Letter.

07/08/2014

As per Section 108 read with rule 20, every listed company is required to give e-voting option to their shareholders.

Further, as per revised Clause 35B (2) of listing agreement applicable from 17th April 2014, every listed company agrees to provide to its shareholders who do not have access to e-voting facility, option to vote through postal ballot.

But, as per the circular issued by MCA it not necessary for a company to provide postal ballot facility to shareholders in case where rule 20 (i.e. e-voting) is applicable. This is however contradictory with Clause 35B (2) of listing agreement.

As per decided case of Supreme Court, in case of listed companies listing agreement shall prevail in comparison to company law. Therefore, in case of listed companies option for postal ballot is also to be provided to shareholders who do not have access to e voting facility.

03/08/2014

Proviso to section 149(1) of the Companies Act, 2013 read with Rule 3 of the Companies (Appointment and Qualification of Directors) Rules 2014, requires a listed company to appoint atleast one woman director. This has to be complied with by 31st March, 2015 as per Companies Act, 2013. However, revised Clause 49 of the Listing Agreement requires this to be fulfilled on or before 1st October, 2014.

02/08/2014

For every 5 pairs of Old school shoes collected, we shall donate 1 New pair to a poor child. Pls lend a helping hand for this noble cause

Old shoes to be deposited from 8th Aug to 16th Aug at Special Counter at Titas Footwear showroom- Everest House, 46C Chowringhee Rd, Kolkata

Alternatively please provide your particulars by clicking on http://bit.ly/ekjodijutaform and we shall arrange collection after speaking to you. One can donate both black and white old/torn pair of school shoes.

Gift Vouchers and Thank You card for every Donor from Titas Footwear —

01/08/2014

Companies Act, 2103:-The annual return to be prepared for the annual general meeting which will be held in 2014 for inter-alia approving the accounts for the financial year 2013-2014, will be prepared as was being done in Companies Act, 1956. This means that the annual return will be prepared as on the AGM date only and in the old format

31/07/2014

Rollout of major relief: The Companies which were mandatorily required to maintain its records in electronic mode by the 30th September, 2014 are now not compulsorily required to do so. The requirement is now optional. The MCA has released a notification dated 24.07.2014 bearing no.01/34/2013-CL-V Part-I in this regard. In Rule 27(1) of the Companies (Management & Administration) Rules, 2014, the word 'shall' has been replaced with 'may'. —