The maximum limit in respect of deposits to be accepted from members shall not apply to a private company which is a start-up, for ten years (was five year before amendment) from the date of its incorporation.
In recent times; Government of India in its quest for good corporate governance and ease of doing business has been making many changes and implementing new compliances under the Companies Act, 2013. The latest to join this list is a requirement to file the e-form DIR-3 KYC with the MCA.
It’s been a while since we last explored the role of the company secretary. But it’s a job that is constantly evolving. Changes in technology, expectations and the wider business landscape are all influencing the skills company secretaries need and tasks they are expected to undertake.
With a role steeped in tradition, the company secretary may not be the first person you think of when you consider the adoption of technology. A recent survey supported this, with technology take-up among company secretaries shown as being inconsistent. While 62% use it for admin (board packs or el..