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    <title>Exemption to Private Companies under section 462 of CA, 2013</title>
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    <description>The notification provides targeted exemptions for private companies, one person companies, small companies, dormant companies and recognised start ups: omission of the cash flow statement; conditional non application of deposit provisions based on capital, start up status or borrowing and independence criteria with required Registrar filings; relaxed annual return signature requirements; audit and inspection exemptions tied to turnover and borrowing limits; board meeting frequency relaxation and quorum rules allowing an interested director after disclosure. These exceptions apply only where the company has not defaulted in filing financial statements or annual returns.</description>
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    <pubDate>Tue, 13 Jun 2017 00:00:00 +0530</pubDate>
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      <title>Exemption to Private Companies under section 462 of CA, 2013</title>
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      <description>The notification provides targeted exemptions for private companies, one person companies, small companies, dormant companies and recognised start ups: omission of the cash flow statement; conditional non application of deposit provisions based on capital, start up status or borrowing and independence criteria with required Registrar filings; relaxed annual return signature requirements; audit and inspection exemptions tied to turnover and borrowing limits; board meeting frequency relaxation and quorum rules allowing an interested director after disclosure. These exceptions apply only where the company has not defaulted in filing financial statements or annual returns.</description>
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      <pubDate>Tue, 13 Jun 2017 00:00:00 +0530</pubDate>
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