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asked On 22 May 2015 at 15:18

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Right issue

can any one help me to get the procedure of right issue for private company under CA 2013. ASOP plz

Thanks & Regards

Jony Sharma

CS Vivek Sharma

asked On 22 May 2015 at 13:41

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Issue of shares for a consideration other than cash

Dear Professionals,

Can we allot shares for consideration other than cash for advance payment of any land. If yes then what is the procedure for the same.

Is the valuation of land or shares is required.

Please help to resolve the issue.



asked On 22 May 2015 at 13:22

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Office or place of profit.

Relative of Director was appointed as employee of the Company holding office or place of profit.

Subsequently, he was appointed as Director and was paid remuneration in line with his earlier appointment (as holding office or place of profit).

what are the compliance?

Do Company have to redo compliance for holding office or place of profit with note that he is now director?

or, salary has to be in line with provision apropos director's remuneration?


asked On 22 May 2015 at 13:14

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What is the applicability of CARO for Liasion Office ??

Is CARO applicable to NGO Liasion Office ???

deepak kashinath raut

asked On 22 May 2015 at 13:09

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Depreciation under companies act, 2013

Dear friends & seniors,

My query is how to proceed if company has not maintained fixed assets register till last year and all the similar assets are debited to single account head (Eg. all machinery related purchases are debited to plant & machinery account). but now for complying the companies act, 2013 we have to bifurcate all assets from such group to determine their remaining useful life.
what to do if it is not possible to separate any particular asset from group in books of accounts.???
please reply.

Vipul Poojari

asked On 22 May 2015 at 12:45

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Meaning of turnover u/s 2(91)

The word has been used at many places in the companies act, 2013 setting up limits.

Please explain the term Turnover w.r.t sec 2(91) of Cos.Act , 2013. What do the words "Realisaton" Mean in the said section


asked On 22 May 2015 at 12:17

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Conversion of a private limited co to llp

What is the treatment of Security Premium Reserves of the company in the books of LLP after conversion into LLP

earnest xavier

asked On 22 May 2015 at 00:17

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Preference dividend

Can preference share dividend be given in case of a loss in current year.. Can such dividend be paid out of past accumulated profits subject to restriction u/s 123 of comp's act 2013 please help .. Thanx in advance...


asked On 21 May 2015 at 20:05

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Professional charges to non-executive director

Out of the six non-executive directors Mr. XTZ aged about 66 or 67 years is having a tremendous experience in Processing and Export of Buffalo Meat and since the last 20 years he is in the field of export of buffalo meat. Even at this moment of time he is the only person who is handling all the issues of processing and export of buffalo meat.

On the basis of his experience we can pay him Rs 3,00,000/= per annum on account of his advise/opinion from time to time.

AM I RIGHT SIR ? Can the private limited company pay professional charges to her non-executive directors ?


asked On 21 May 2015 at 17:48

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Mca general circular no.33 of 2011

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:


In the said Circular, it is stated that Members of ICAI………….. must not issue any certificates to such defaulting companies other than above mentioned e-forms.

Can someone please clarify, what are the ‘any certificates’ not to be issued by Members………………..?

Your reply, please..............

Thanks in advance for possible replies from all concerned.



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