OPC

470 - Sections.29 - Chapters.95 - Definitions.7 - Schedules.

Single word FRAUD used 136 times in the Act.

One Person Company

WHO CAN INCORPORATE? HOW MANY?

NOMINEE

MINOR

PROHIBITED ACTIVITIES.

CONVERSION - 3

FORMATION OF COMPANYRESERVATION OF NAMENAME APPLIED BY FURNISHING WRONG / INCORRECT INFORMATION.

CHANGE OF NAME.

REGISTERED OFFICEHave Registered Office.

.

Section 12(3).

ADDITIONAL DOCUMENTS TO BE FILED FOR INCORPOATION

Commencement Of Business

DEPOSITMEANINGGOVERNMENTFOREIGNSBISCHEDULED BANKPFIINSURANCE COMPANYCOMPANYSHARE APPLICATION/ADVANCEDIRECTORSECURED PORTION OF BONDS/DEBENTURES EMPLOYEES SECURITY DEPOSITADVANCE-BUSINESSPROMOTERS-CONDITON-BANK

DEPOSIT

POSITION OF A PRIVATE COMPANY

LOAN TO DIRECTORS

LOAN TO DIRECTORSScopeSpecified PersonPenalty Company 50,000 2,50,000Director or the other person 6 Months or 50,000 2,50,000 or both.RELATED PARTY TRANSACTION

RELATED PARTY TRANSACTIONRELATED PARTYKMPNATURE OF RELATED PARTY TRANSACTIONAPPROVAL ?????????????NOT APPLICABLE ARMS LENGTH TRANSACTIONREFER THE SAME IN BOARDS REPORT + JUSTIFICATION FOR ENTERING25000 500000

ACCOUNTS AND AUDIT

FINANCIAL STATEMENTINCLUDES

REPORTING ON FINANCIAL STATEMENTSTrue and Fair View..Comply with

Internal Auditor

Criteria for appointment

APPOINTMENTAppointment at First AGM.Auditor to submit certificate to Company.Filing by company on appointment.

CASUAL VACANCYRESIGNATION -------- .. TO COMPLY.

(50000 500000)

REMOVAL

POWERS AND DUTIES

REPORT ON FRAUD + PENALTY FOR NOT REPORTING1Lac 25Lac.

PUNISHMENT FOR CONTRAVENTIONCompany 25000 500000Officer 1 year or 10000 100000 or bothAuditor 25000 500000

Knowingly / Willfully with an intention to deceive. extend to 1 year AND fine 100000 2500000.

NFRAPURPOSE TO CONSTITUTE

FUNCTIONS

POWERS

ATTEND

BOARD OF DIRECTORS & ITS POWERSCONSTITUTION OF BOARDNUMBER

WOMAN DIRECTOR (L OR100 OR 300)

ID 2 (10 OR 100 OR 50)

EVERY COMPANY 1 RI.

IMPORTANT ASPECTSDISQUALIFICATION 2 added

274(1)(g) replaced by 164 (2)

NUMBER OF DIRECTORSHIP

1 MEETING IN YEAR TO ATTEND.

RESIGNATION (DETAILED REASON)MEETING OF BOARD AND POWERSNUMBER OF BOARD MEETINGS.

OPC AND SMALL AND DORMANT COMPANY.

NOTICE - (25000 PENALTY).

QUORUM / DISINTERESTED QUORUM

SECTION 179 Powers of Board

SECTION - 180ANNUAL RETURNPARTICULARS OF ANNUAL RETURN01. NAME & REGISTERED OFFICE OF THE COMPANY.02. DATE OR DUE DATE OF AGM.03. NAME AND ADDRESS OF RTA.04. PRINCIPAL BUSINESS ACTIVITIES.05. PARTICULARS OF HOLDING / SUBSIDIARY / ASSOCIATE COMPANY.06. AUTHORISED, ISSUED, SUBSCRIBED, PAID UP SHARE CAPITAL07. SHARE PREMIUM ACCOUNT.

PARTICULARS OF ANNUAL RETURN08. TURNOVER AND NET-WORTH.09. SHAREHOLDING PATTERN OF THE COMPANY.10. INDEBTNESS OF THE COMPANY11. DETAILS OF MEMBER.12. DETAILS OF SHARE-TRANSFER SINCE LAST AGM.13. PROMOTERS / DIRECTORS / KMP CHANGES THEREIN.14. DETAILS OF AGM15. DETAILS OF BM

PARTICULARS OF ANNUAL RETURN16. ATTENDANCE OF DIRECTORS17. REMEUNERATION OF DIRECTORS & KMP.18. DETAILS OF PENALTIES / PUNISHMENT / COMPOUNDING19. CERTIFICATE OF COMPLIANCE 20. DISCLOSURE OF SECTION

General Circular No. 10/2014 dated07.05.2014 on Certification.Where any instance of filing of documents, application or return or petition etc. containing false or misleading information or omission of material fact or incomplete information is observed, the Regional Director or the Registrar as the case may be, shall conduct a quick inquiry against the professionals who certified the form and signatory thereof including an officer in default who appears prima facie responsible for submitting false or misleading or incorrect information pursuant to requirement of above said Rules; 15 days notice may be given for the purpose.

The Regional Director or the Registrar will submit his/her report in respect of the inquiry initiated, irrespective of the outcome, to the E-Governance cell of the Ministry within 15 days of the expiry of period given for submission of an explanation with recommendation in initiating action u/s 447 and.448 of the Companies Act, 2013 wherever applicable and also regarding referral of the matter to the concemed professional Institute for initiating disciplinary proceedings.

The E-Gov cell of the Ministry shall process each case so referred and issue necessary instructions to the Regional Director/ Registrar of Complies for initiating action u/s 448 and 449 of the Act wherever prima facie cases have been made out. The E-Gov cell will thereafter refer such cases to the concerned Institute for conducting disciplinary proceedings against the errant member as well as debar the concerned professional from filing any document on the MCA portal in future.

01. APPLICABILITY.02. CONSTITUTION.03. FUNCTIONS (SCH. VII)04. CONTRIBUTION.05. NET PROFIT.06. UNDERTAKING CSR ACTIVITIES.07. IF CEASED TO COVER UNDER CITERIA.

PRIVATE COMPANYPUBLIC COMPANYALLOTMENT OF SECURITIESCONDITIONS FOR PRIVATE PLACEMENT 01. OFFER (PAS 4).02. APPROVAL (S.R).03. 20,000/-04. SEPRATE BANK ACCOUNT.05. KEEP RECORD (PAS 5).06. FILE WITH (ROC).07. ALLOTMENT.08. RETURN OF ALLOTMENT (PAS 3).

CONDITIONS FOR RIGHTS ISSUE01. LETTER OF OFFER TO SHARE HOLDERS.02. RIGHT TO RENOUNCE.03. POWER OF BOARD TO DISPOSE

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