This Query has 1 replies
Can I get explanation of doctrine of constructive notice in simple words with ex.?
This Query has 1 replies
Is renting of immovable property covered under sec.297 of The Companies Act, 1956?
Thanks in advance
This Query has 3 replies
how much be employer's contribution to P.F. if basic pay of employee is 20000 p.m. should it be
1)20000*12%=2400 OR
2)6500*10%=650 OR
3)20000*10%=2000
please reply soon.
This Query has 6 replies
can bonus be paid to employees whose basic salary is more than 10000 p.m.
This Query has 5 replies
My one client want to register his firm as sole proprietor. can any one give me detail about registration process??
This Query has 3 replies
Is New Company Law applicable to May14 Students??
This Query has 6 replies
whether new company bill 2012 applicable to may 2014 ca final attempt.if no, pls give information when will it applicable?
This Query has 4 replies
What will be the nature of payment made to Naukri.com for taking its services to hire staff?
Also, will any TDS be liable to be deducted?
Please reply.
This Query has 3 replies
I hold 25pct shares in a Pvt Ltd Co duly registered under the Companies Act. I retired from active involvement in 1999. The Company continued operating with the MD and a wholetime Director but they slowly n steadily siphoned out more than 1 crore thru HV Drafts into Benami accounts or by large bearer cheque withdrawals.
They refused to hold any meetings either but filed fabricated annual accounts with the ROC (found out by me years later after a mad run around).
In 2002, they informed Principals that they had taken over all business of the Pvt Ltd Co and started a Partnership firm from the same office as the HO of the Pvt Ltd Co(PLC).
They informed some of the authorities that they were closing down the PLC and even encashed a large Guarantee Bond filed with Bombay Port Trust years earlier.
I managed to freeze some of the PLC accounts with the banks as I was a signatory to them. I even managed to get some statements from the banks which showed huge withdrawals to unknown entities (using the fact that bank computerised statemts do not show the name of the beneficiaries).
I have lodged a formal complaint with the ROC but very little is happening; though lately I heard that the ROC has filed cases against the two Directors for not holding the AGM and for not filing annual returns.
In turn, these two Directors have in 2010 filed on line for voluntary winding up of the PLC under some bogus Resolutions they claim passed without any meetings being held.
The PLC has assets running into 30 lakhs, I have done tracing of another 35 lakhs held in their Benami accounts and I hear they have purchased paintings worth another 40 lakhs at cost.
Where do I start I just do not know.
Can anyone advise me
This Query has 2 replies
Respected Sir/Madam
Can u let me know that whether Revised Companies Act,2012 is Applicable to May 2014? Whether partially is it applicable?
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