Hello All,

We have a sole proprietorship registered in state A and want to open a firm with the same name and same proprietor in state B.

So, I wanted to know the pros and cons of it and how will the stock get transferred and is it any useful at all. Or should I open another firm with same name and a different prop. may be?

Any help is appreciated. Thank you.

p.s. I couldn't find any resource regarding the rules and regulations for opening a branch of proprietorship firm on the internet.

i have a doubt that , can wife of a statutory auditor of a company can be a shareholder in the same company .

if yes ; how ?
if no ; what are the consequences that stat auditor has to face.

any action taken by ICAI , in subject to this maters.

plz reply , thanks in advance .

Whether the COO (Chief Operating Officer ) covered in the key managerial personnel definition under the related party under section 188 & sec 2(76)..??

i want to increase the salaries of director . do i need to fill MGT 14
OR ANY LEGAL REQUIREMENT

proviso of 123(1):
"Provided further that where, owing to inadequacy or absence of profits in any financial year, any company proposes to declare dividend out of the accumulated profits earned by it in previous years and transferred by the company to the reserves, such declaration of dividend shall not be made except in accordance with such rules as may be prescribed in this behalf"

Does here accumulated profits include opening credit balance of St. of Profit & Loss included or not?

Dear Sir/Madam

Kindly guide me regarding
appointment of auditor (Audit Firm) for private company for FY 2014-15 onwards, what compliance to be followed for ROC, I mean which form to be filed by auditor and for what period (10 years allowed or not)?

and also guide me please
ADT-1 has to be filed independently and not as an attachment to GNL-2 effective 20th October 2014

Should Purchase order to the vendor contain CIN No ??

Explain with example collateral transactions to void agreements are valid

Business Activity Started from 10th Nov. 2014,
Partnership Deed to be made on 6th December 2014 ,
Stamp Paper for Deed is Dated 4th december 2014,
Shall i mention in Deed, Date of Commencement of Business is From 10th Nov. 2014, i.e. Backdated....???

as per the punjab-haryana high court; ajay kumar vs state of haryana cr no.3236 of 2014,compensation for acquired land would not suffer tds. so whether intt on enhanced compensation is taxable or not ?