can we use the stamp and seal of company holding 100% share holding in its sister concern
we want to form a company to lease the company land to society is it possible under the companies act
Re: Remuneration being paid to a Director aged 74 years old of a Pvt. Ltd. Company for 4 years
I understand Section 196 (re: Appointment ) is applicable to Pvt.Ltd. Companies and Section 197 (re: Remuneration) is not applicable to Pvt.Ltd. Companies.
If remuneration is being paid to a Director aged 74 years old of a Pvt. Ltd. Company for 4 years, shall we pass resolution now as Director is over 70 years.
Whether Special resolution will help as section 197 is not applicable to Pvt.Ltd. Companies.
I shall be grateful for your kind advice.
Thanking you ,
A client approached me for liquidation of a company who had its pending annual returns since last three years. I took appointment after consulting the client about clearance of dues from the previous auditor. Since the client was getting penalised I took the appointment and filed the annual returns without taking NOC from the last auditor since the appointment was taken as effective from last year.
The previous auditor is furious now and want to take it to the institute, where did I go wrong. What can be a remedy now.
Dear Sir, Can a private company be incorporated even with a nominal share capital of Re.1
what is the roc fees for increasing share capital of company other than opc and small company from 5 lacs to 36 lacs ?
Which accounting standard to be followed either AS as per ICAI or IND AS or both
Say, the company wants to increase its authorized share capital as on 31.03.2014 (i.e As per Companies Act, 1956) but the same has not been filed till date with ROC. Now, while filing Form MGT-14, there is an error saying that we have to file Form INC-28. I request you to kindly guide me through the process of filing the above forms. And also whether I need to file Form MGT-14 or not since the event date is as per Old Companies Act.
I had filed the FTE form with balance sheet comprising of Share capital on the liability side & cash balance on the assets side. The form was marked for resubmission with the following comments "it is found that in the SOA current asset, loans and advances of Rs.2,72,980/- has been shown"
How can the balance sheet be nill, what should I put against the capital.