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satyanarayana kothuri
06 March 2024 at 19:19

CSR LIABITY AND ITS Applicability

As our company made loss in financial year 2022-23 Rs. 2.29 crores but in financial years 2020-21 and 2021-22, company made a net profit of Rs. 7.90 crores and Rs. 9.73 crores respectively. During the previous financial year, we contributed for csr activities. Now in the current financial year, do we need to incur any amount under csr activities as per present companies act as we made average profit of more than rs. 5 crores in three previous financial years and also two times out of the last three previous financial years. pl clarify me.


nekkala keerthinagadurga

we want to incorporate private company which is engaged in construction services so we need your help to prepare moa and aoa of this company and i want to know the main and further objects of construction services


Nitesh kumar
02 March 2024 at 21:14

Branch address in ROC

There is a company whose register office if in Bihar and doing business of trading me medicine , Now they want to start a new business of event management and that also in Jharkhand. I have to alder Object clause, does I have to inform ROC for branch office? as I have apply for GST registration in Jharkhand for event management


Neethu Therese

Can a Private Company pay Ex Gratia amounting to Rs.25 Lakhs to its director? The director is drawing salary from this company on monthly basis. What are the Income tax and Company Law implications in this case?


Ajay S.Yadav
27 February 2024 at 13:33

CSR Non applicability.

One of My Clients had crossed the threshold limit of profits mentioned for the applicability of CSR as mentioned in sec 135 CSR, in the FY 2019-20
Hence CSR was applicable to my client for the
FY 20-21
FY 21-22
FY 22-23
And accordingly 2% of avg past 3 years profit was incurred for CSR Expenditure from FY 20-21 to FY 22-23.

Now the Client has not crossed any threshold limits as mentioned in section 135 of Companies Act 2013, from FY 20-21 , will the CSR provisions still apply to the client for the FY 23-24? Please response as per latest Law , Rules and Regulation.


info SKA

An explanatory statement under section102 for obtaining dormant status


rahul jackson

A company is planning to strike off as it is not willing to continue its business operations. They are considering conducting a share buyback during this phase while filing nil returns. Would a share buyback impact the strike-off process, considering there are transactions involved in this action?


Kavita R

Kindly let me know the procedure for transfer of shares from a deceased director to other directors in case of a private company.

Can it be done by SH4 or what documents are required?

Kindly advise .


PRABHAKAR PAL
19 February 2024 at 16:21

ROC form MGT-14 filing

MGT-14 is to be filed to register Special resolution regarding alteration of Object Clause on MOA. After filling of all pages in the ROC portal when "Proceed to EMOA/EAOA" page appears and clicked on it, the same does not open. This is heppening since 15 days past. When complained the system tells us to post Screen Shot. After clicking on "Proceed to EMOA/EAOA" it simply does not open. What screen shot should I give?
Can any one help me to file MGT-14?


Kavita R

Our company directors own shares of ABC LTD co. and they received a notice for transfer of beneficiary interest in shares to the company. so what is the meaning do the directors loose their shares or only they will not receive the benefits like dividend. Kindly advise