Guide to Compliance Certificate (with Procedures) By virtue of S. 383 A of the Companies Act, every company having a paid up capital of Rs 10 lac or more but less than Rs 2 crore needs to obtain a Secretar... R Aggarawal,A Saxena 被引量: 0发表: 0年 Congress, the FDA, and New...
Threshold-based Compliances under the Companies Act, 2013refer to specific statutory obligations triggered when a company meets defined criteria related to paid-up share capital, turnover, or other financial parameters. Examples include the requirement for appointing a Company Secretary for companies with...
Easing of compliance norms under Companies ActPrint this
Under the Act, CEOs and CFOs who wilfully submit an incorrect certification to a SOX compliance audit can face fines of $5 million and up to 20 years in jail. What is a SOX Compliance Audit? A SOX compliance audit is a mandated yearly assessment of how well your company manages its ...
NBS-8 has to be filled Within 60 days from the end of the year, i.e., 30th May SAC Annually 1-month Statutory Auditor Certificate within 1 month from the date of finalization of the Balance Sheet. Not later than 31st December.
Under this framework, the Rakuten Group has employed a risk-based approach to define high-risk issues and implement a variety of measures under the Group Compliance Program. These include the prohibition of bribery and corruption; the prevention of money laundering and terrorist financing; compliance...
B. is engaged or proposes to engage in the business of issuing face-amount certificates of the installment type, or has been engaged in such business and has any such certificate outstanding; or C. is engaged or proposes to engage in the business of investing, reinvesting, owning, holding,...
Foreign Account Tax Compliance Act (FATCA) is a U.S. law designed to prevent tax evasion by U.S. taxpayers through the use of offshore accounts and companies. Please consult your tax advisor to...
to it anyway is good business practice. There are other reasons, beside good business sense, to comply with SOX even if you are not publicly traded. SOX does have some articles that state if any company knowingly destroys or falsifies financial data they could face punishment under the Act. ...
factors of authentication (such as one-time SMS pass code, authenticator app, and certificate) to ensure that identities aren't compromised. Enforcing risk-based access policies is critical to protecting financial data and applications from insider threats, inadvertent data leaks, and data exfiltration...