Plz .help me out
I have one private ltd. company with a paid up and authorized capital of Rs. 1,00,000/- which is engaged in the business of conducting classes for graduation course and professional course like CA and CS. Recently the company has appointed a practicing chartered accountant as a professional non executive director in that company who conducts classes for the company say for 8 hrs per day and he is also not a statutory auditor of the company. Now my questions are
1. Whether a practicing chartered accountant can be appointed as professional director in the Company?
2. Are there any ICAI guidelines with respect to appointment of practicing chartered accountant as professional director in the Company? For ex. For how much time he can work and remuneration payable to him, etc
3. If yes then the remuneration payable to him will be treated as professional fees or his salary?
4. Also can he receive the sitting fees for attending all the board meetings?
5. Also the Articles of Association states the following article with respect to Sitting Fees and Directors remuneration:
“The sitting fees payable to the Directors shall be such sum as may be fixed by the Board of Directors, not exceeding the sum fixed under Section 310 of the Act from time to time, for each meeting of the Board of Directors or Committee thereof attended by them. Additional remuneration, as may be fixed by the Company, may be paid to anyone or more of their number for services rendered by him or them and the Directors shall be paid further remuneration (if any) as the Company in general meeting shall from time to time determine.
The remuneration of the Directors including additional and alternate Directors shall, in so far as it consists of a monthly payment, be deemed to accrue from day to day.”

my articles is going to over my this month 15th, and i have excess leave, so can any one tel me the procedure to submit the forms with the institute.

If DIN Approval Letter has lost then how to get duplicate DIN Approval Letter

Dear Friends,

I have completed my CS-Final and currently undergoing trainning..
I will also enroll for LLB.
However i am very keen in studying ICWA or CA.
I dont want go register for CA because of its internship (because 3yrs is mandatory).
I want a suggestion, ie will ICWA add value to my career ?? or should i go for any other course..

what are the advantages of s.m?

hello sir..
am giving my 3rd attemp. now seriously i hv no courage..
now my 2nd year exam will also start from 17th of march.
how should i manage for the ipcc.
course will b same in both of them..
am waiting for ur timebound reply....
thanxx

I HAVE CLEARED CA INTERMEDIATE.
I'M PLANNING TO DO CS OR ICWA....
BUT I CANT FIGURE OUT WHICH ONE SHOULD I OPT FOR?

>>>> CS OR ICWA ???

WHICH ONE IS MUCH BENEFICIAL....
PLEASE HELP ME OUT....

SINCE I HAVE CLEARED, IS THER ANY EXEMPTION IN CS OR ICWA INTERMEDIATE...

PLS HELP ME OUT...

Hello Sir,
My article period is completing on march end, and my Final attempt will be on May 2012, i m also appearing for CS executive exam in Dec 2011, so what should i do after march should i continue with my article in the same office or should i go to other office or should i be at home and start preparing for the exam.
And I also decided to do service ahead.
pls help me out from this anyone.

Can any one tell me about IFRS.. I m a CA final student. As these are gonna applicable on indian companies very soon. i just want to do IFRS course. m i elidgible to do this or not???

Hi..Dipesh Mehta Here..Just Passed My ipcc Group 1 November 2010..I Just Want To Know That Can I CHange Articlship Firm After $ months...