Background - Generally, companies park their surplus funds or the funds that are certainly not required urgently with the Banks by opening a Term Deposit Account. These term deposits may be opened for a shorter or longer durations depending upon the funds requirements. Below is the format of request letter to be given to the Banks for opening a Term Deposit Account. Request Letter to Bank for Opening Term Deposit...
Date: ____________ To, The Manager, _____________ (bank name) _____________ (branch address) Sub: Closure of Current Account No.______________ of the Company Dear Sir, The below mentioned current account(s) opened in the name of the company “__________________________” (name of the company) needs to be closed on priority. The details of the Current Account(s) are as under: Kindly remove freeze/ dormancy if any and close the abovementioned Current Account(s) at the earliest and any money lying in the said accounts be returned to the company by way of issuance of demand draft....
FORM AOC - 1 (pursuant to First proviso to sub-section (3) of Section 129 read with Rule 5 of Companies (Accounts) Rules, 2014) Statement containing salient features of financial statements of subsidiaries/associate companies/joint ventures I. Part A - Subsidiaries Notes: The following information shall be furnished at the end of the statement: Names of Subsidiary Companies which are yet to commence operations Names of Subsidiary Companies which have been liquidated or sold during the year II Part B - Associates and Joint Venture...
Form No. AOC - 2 (pursuant to clause (h) of sub-section (3) of Section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014) Disclosure of particulars of contracts/arrangements entered into by the Company with related parties referred to in sub-section (1) of Section 188 of the Companies Act, 2013 including certain arm’s length transactions under proviso thereto. Details of Contracts or arrangements or transactions not at arm’s length basis: Details of contracts or arrangements or transactions at arm’s length basis: *Form shall be signed by the people who have signed the Board’s Report....