Procedure for application of din and documents required

The concept of Director Identification Number (DIN) is introduced first time in Companies (Amendment) Act 2006. Any individual who intending to become a director is requires DIN.  No company can appoint a director unless he has allotted a Director Identification Number (DIN). DIN is the unique number, once individual get the DIN he can use … Read more

Procedure of approval of company name and MCA name guidelines

The promoters of the company is require to decide the propose name of the company. The propose name should not be identical or similar name of the any existing company in India. The promoter should check the name availability on MCA Website.  After the verification of availability of name, promoters need to finalized the at least … Read more

Format of resolution for mvat registration

In case of registration of company under MVAT, resolution regarding the appointment of director as a signatory on behalf of the company is required. Format for the same is given below: CERTIFIED TRUE COPY OF BOARD RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY HELD ON THURSDAY, THE 22nd DAY OF … Read more

Service tax on remuneration to directors

Provision of service by an employee to an employer in the course of or in relation to employment has been excluded from the definition of service. Hence, as long as there is a relationship between an employee & employer & the employee is remunerated by the employer for his services, then such remuneration will not … Read more