Right Issue resolution of Board meeting concentrated on expanding the opportunity for the existing shareholder to invest in new share equity. The terms and conditions of a company regarding the allotment of a new share are maintained under the Rules and Regulation of the Company Act, 2013 which looks after the share capital and debenture […]
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Norms of Auditing Co-operative Housing Societies in Maharashtra
Norms of Auditing Co-operative Housing Societies in Maharashtra. Laws Applicable to Co-op. Housing Societies 1) The Maharashtra Co-op. Societies Act, 1960 (MCS Act) – having 167 sections effective from 26/1/1962 and The Maharashtra Co-op. Societies Rules, 1961 – having 110 rules effective from 23/12/1963. 2) The Income Tax Act, 1961 and Rules. 3) The Service […]
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