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asked On 01 August 2015 at 13:00

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Deposit from friend in company

Hi Friends,
One of my friend started a new company with capital of Rs.10 Lakh but he want further Rs.6 lakh which he has taken from one of his friend at interest basis. But without asking he has taken this amount in cash and already deposited in account of company. Using this money for paying regular expenses of company. But income of the company is not started yet. Now what is the impact of it as per company law.

Bhumika bharwani

asked On 01 August 2015 at 07:46

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Who can member

can the Aop acquire the sure in co or can become member in co

sarang sharma

asked On 31 July 2015 at 22:02

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Applicability of sections for private companies for nov 2015

Can anyone tell me whether sections giving exemption to private companies are applicable for nov 2015


asked On 31 July 2015 at 20:17

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Eligibility of spouse of cent govt employee be director


I am a central government employee and my wife has been offered the position as one of four directors in a new engineering college.

I just wanted to confirm that no laws/ rules/ regulations are being violated if she accepts the offer.


asked On 31 July 2015 at 18:55

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Conversion of propritorship into company

Dear Experts,

We want to convert a proprietorship firm into a private limited company. So please let me know what -2 documents are required to submit with MCA at the filing of form INC-29 other than NOC from proprietor and Balance sheet.

Is any agreement,etc required to convert this?

Further since the company will issue the shares other than cash, then any documents are required to file with MCA under company Act 2013.

Please clarify.

CS Tarnnum Master

asked On 31 July 2015 at 18:06

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Annual filling of llp which has been converted into llp from company

I have one quarry If company has been converted into llp in December 2014 in such case company will be required to file annual filing as per company form AOC4 or llp form-8. & 11 ??


asked On 31 July 2015 at 16:48

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What is the cosquences if the form-fc-1 has not been filed.

There is a Liaison Office of an Foreign Company since September,2014 but the intimation regarding this has not been submitted to ROC in Form-FC-1 then what can be done in this regard.


asked On 31 July 2015 at 16:06

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Csr applicability

Our is a private limited company and does not satisfy the condition under sec 135 ( 1) of companies act ( Net worth Rs. 25 Crores , Turnover Rs. 110 Crores and Profit Before Tax Rs . 54 lacs .) . In that case whether CSR applicable ? . But our auditor is claiming that CSR applicable to us as 3 years average profit is more than Rs. 5 Crores . ( PY Profit Rs. 5.01 crores , before that Rs.7.25 Crores and Rs.4.46 Crores ) . Please advice wheter we need to comply CSR Rules .


asked On 31 July 2015 at 15:40

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Refund from mca

one of my client take refund of form s-h -7 from mca., then How to cheak refund status from mca. please tell me .

Read more at:


asked On 31 July 2015 at 13:52

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Day of convening egm/agm

Hi Experts,

Can we hold EGM/AGM on Saturday or Sunday as per Secretarial Standard - 2.

SS-2 only says that meetings cannot be held on a national holiday.

Please suggest.



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