25/05/2024 Financial & Legal Services
As per the Companies Act, if the Company fails to comply with the legal provisions, then the Central Government will cancel the License for Section 8 Company. If the Company’s objectives are conducted fraudulently or in violation of the objectives for which it is established, the licence can be cancelled. In case a Company fails to comply with the provisions of the Companies Act, then the Company will be punishable with a fine not less than Rs. 10 lakhs & may extend to Rs. 1 crore. The Officers & Directors of the Company in default of the provisions will be punishable with a fine not less than Rs. 25,000 which may extend to Rs. 25 lakhs or both.
As per the Companies Act, if the Company fails to comply with the legal provisions, then the Central Government will cancel the License for Section 8 ...
Know more about Economic Substance Regulations(ESR) and penalties in UAE. Call us Today : +971 55 4828368 WhatsApp : +971 55 4828368 Landline : +97142...
HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated. https://centiga.co.uk/20...
The Income Tax Return last date for FY 2023-24 (AY 2023-24) is approaching! Are you stressed? The ITR Filing last date for FY 2023-24 will be July 31 ...
More Details