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Showing posts from May, 2019
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What is AOC-4 Form filling? Every year the financial statements  of a company need to be registered with the Ministry of Corporate Affairs(MCA). For filling the financial statements with MCA form is AOC-4.In the Company's annual general meeting the form AOC-4 is submitted with the MCA for every Financial Year within 30 days. Adjacent with AOC-4 form, the documents like : • Auditors’ report • Board’s report • Details of CSR policy • Statement of subsidiaries in Form AOC-1 And many more are filed. AOC-4 needs to be approved by a practising Company Secretary or Chartered Accountant (CA). What is the requirement for AOC -4 Filing? AOC-4 has to be filled by all company in 30 days from the discussion conclusion of the Annual General Meeting with MCA. It has to be uploaded with the Auditor’s report, Board's Report and additional necessary documents as per activities of a company. The certification from company secretary or the practising CA o...

Gazetted Officer: Aspects of getting documents attested

Gazetted Officer A senior government official whose appointment is published in the Gazette of India or any State Government Gazette, he/she is called Gazetted. Their authority of using an official stamp comes from the President of India or the Governors of States. To put it simply, they represent the Indian State and the President. Important identification & certification documents, to avail various government and banking facilities, require attestation by a gazetted officer, first. Who is a Gazetted Officer Basically, a Gazetted Officer belongs to either of the below categories: Group A or Class I (Gazetted and Executive officers): This class consists of the highest class of government servants. They are ranked from level 1 to 10 in the Civilian and Defence Pay Matrices. Include: Officers of Indian Armed forces, Magistrates in Judicial services and above, ...

12 Important Points to note about Succession Certificate

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1) What is Succession Certificate? A Succession Certificate establishes who the legal heirs are and the authenticity of the successor. It is a Certificate given to the successor of a deceased person who dies without leaving a will. The list of debts, securities, and assets of the deceased is mentioned. It indicates the relation of the petitioner with the deceased. Along with providing details of other surviving legal heirs and that the deceased died intestate. And the information about the time, date and place of death of the deceased. It means that the certificate holder has authority over the deceased person’s assets of the deceased. The assets may include Insurance, Mutual Funds, Pension (in   Employees Provident Fund or otherwise), Retirement Benefits or any other service benefits. In other words, it helps the grantee or the receiver, to recover the debts due to the deceased person. In the absence of a will, this is the primary certificate through whic...