REGISTER OF MEMBERS (MGT-1)

MGT-1 Register of Members is a statutory register that every company limited by shares is required to maintain under the Companies Act, 2013.

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The register contains details of all the members of the company, including their names, addresses, and shareholdings.

The MGT-1 Register of Members is an important document for several reasons.

First, it helps to ensure that the company has a complete and up-to-date record of its members. This is important for a number of reasons, such as:

  • To ensure that all members are aware of the company’s activities and decisions. To facilitate the voting process at shareholder meetings.
  • To calculate dividends and other distributions to members.
  • To comply with the requirements of the Companies Act, 2013.

Second, the MGT-1 Register of Members can be used to prove the ownership of shares in the company. This can be important in a number of situations, such as:

  • When a member wishes to sell their shares.
  • When a company is being wound up.
  • When a dispute arises between members over the ownership of shares.

The MGT-1 Register of Members must be maintained in a secure manner and must be accessible to members of the company on request. The register must also be kept up-to-date with any changes in the details of the members. Failure to maintain the MGT-1 Register of Members correctly can result in penalties being imposed on the company.

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INDIA THAT IS BHARAT

“India That Is Bharat“ is a groundbreaking and thought-provoking book that challenges conventional perspectives on India’s history and identity. Written by J Sai Deepak, the author presents a compelling argument that the term “India” is a colonial construct that has overshadowed the true essence of “Bharat,” the ancient Indic civilization that has thrived on the subcontinent for millennia.

One of the book’s most significant contributions is Deepak’s use of the term “Bharat” instead of “India.” This linguistic shift holds profound implications as it emphasizes the living and vibrant nature of the civilization with its rich historical and cultural heritage, in contrast to the more static and colonial connotations associated with “India.”

Deepak meticulously examines the impact of European “colonial consciousness” on Bharat, particularly its religious and racial underpinnings. Through insightful analysis, he demonstrates how this consciousness has influenced key aspects of Indian society, including the framing of the Indian Constitution. He contends that the prevailing constitutional framework fails to fully align with the true civilizational reality of Bharat.

Moreover, the book advocates for a “decolonization” of India’s collective consciousness. This challenging yet imperative call urges a reevaluation of inherited notions and an embrace of the authentic essence of Bharat’s heritage.

While the book is rich in its research and argumentation, some readers may find it dense and occasionally difficult to follow. Nonetheless, Deepak strives to make complex concepts accessible to all readers by providing necessary context and explanations.

Despite receiving some criticism for its views on Western influence and the feasibility of decolonization, “India That Is Bharat” stands as an essential contribution to the discourse surrounding India’s past and future. It raises crucial questions about the nation’s history and identity, sparking necessary conversations about the trajectory of the subcontinent.

In conclusion, “India That Is Bharat” is a meticulously researched and persuasive book that challenges prevailing notions about India’s history and identity. It encourages readers to reconsider their perceptions and offers valuable insights into the vibrant and living civilization of Bharat. This compelling work is a must-read for those seeking a deeper understanding of India’s true essence and its place in the world.

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CS Foundation Books to Refer

CS Foundation exam is the entry stage to become a Company Secretary. CS Foundation syllabus consist of four papers.

Paper-1: Business Environment and Law
Paper-2: Business Management, Ethics & Entrepreneurship
Paper-3: Business Economics
Paper-4: Fundamentals of Accounting and Auditing

Each paper carry 100 marks and a student shall score at least 40 marks in each paper and 200 marks in aggregate to clear the foundation exams. Study Materials issued by the Institute is sufficient for clearing foundation exams. Continue reading “CS Foundation Books to Refer”

CMA Intermediate – Second Group Books to Refer

CMA intermediate consist of eight papers divided into two groups. Group two consist of Operations Management & Strategic Management, Cost & Management Accounting and Financial Management, Indirect Taxation, Company Accounts and Audit.

Group 2 Continue reading “CMA Intermediate – Second Group Books to Refer”

Best Books for General Knowledge

General Knowledge is a vast topic in PSC exams, in which questions will be asked from unpredictable areas. You should work hard to score goods marks and to secure a good position in the rank lists. To cover general knowledge, one should develop a habit of reading. Reading doesn’t refers to newspaper alone. You should refer Books, Journals, documentaries etc.

Following are some of the books which you can use to increase your general knowledge. Continue reading “Best Books for General Knowledge”

Best Books on Padmavati

Padmavati: The Queen Tells Her Own Story

Padmavati: The Queen Tells Her Own Story is authored by Sutapa Basu. It’s a historical fictional story. She narrates the story of padmavati in a beautiful way. The skill of Sutapa Basu increases the curiosity in the minds of a reader. It’s not a historical books which describes the historical events. It’s a proof that, how a skillful author can make the reader experience the story. It’s an extra ordinary story telling skill. See the reviews and get your copy Continue reading “Best Books on Padmavati”