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CODS SCHEME 2018


12 February 2018 ​ Mr. A and Mrs. B are (Husband-wife) are disqualified Directors for period 01.11.2016--31.10.2021 Mr. A is a director in 4 companies ( W,X,Y,Z Private Ltd) out of which W,X Pvt. Ltd is striked off by ROC due to non filing of annual returns. Mrs. B is a Director in Y,Z Private Limited whose status is active. Now Mrs. B wants to continue business. 1. Can Mrs. B avail benefit of CODS..? 2. Can Mrs. B appoint additional Director and conduct business…? 3. From which date additional Director is be appointed..? 4. Who will sign previous years balance sheet till 31.03.2017…Mr. A and Mrs. B …? 5. What is the expenditure for CODS..? For Y,Z Pvt. Ltd we have to pay compounding fees of Rs. 30,000 each…?  

13 February 2018 Dear experts, Please revert.

13 February 2018 B can apply for CODS in Co. Y&Z, whose status is active. You may also go through this link
https://www.caclubindia.com/articles/removal-of-disqualification-of-director-without-reviving-company--32407.asp





13 February 2018 As there are only 2 Directors in active company i.e. A and B.....How B will appoint new director...? It has to be appointed through back end...? what will be the date of appointment...?



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