pvt ltd company doesnt want to do business any more.
late fee for non filing comes more than net worth of pvt. ltd. cant apply for dormant status also as slight transactions were there.

my q--> can we ignore the filings completely as net worth is less than late filng fee. (net worth is just 50 thousand rupees, filing fee 3 lakhs).

my view--> yes, its limited liability right? pvt ltd. hence, let late fee rise,

how to open .xml attachment? how to see attached prof loss in 23ac xbrl?

Dear Sirs : One of my client (private limited company) crossed net profit of five crores for financial year ending 31-03-2024. Three years CSR fund at 2 % of average profit for 21-22 , 22-23, 23-24 comes to Rs.7 lakhs. No provisions for CSR funds is made for year ending 31-03-2024. Kindly help me by providing a rule / circular that states that : CSR fund of Rs.7 lakhs to be applicable and to be consumed after 01-04-2024 ... Regards

Respected experts, two of my friends Incorporated a PVT LTD company in 2024. Right from the incorporation ,no business was commenced and my friends (directors of such company) were underwent several difficulties between each other and left that company without any further ROC filings or actions. Now my query is, what are the required filings/further actions to be taken by them regarding the Closure of such Company. Are there any consequences to be faced by them?

Other point to be noted is : One of such friends incorporated another company with his mother and carrying the business. Is there any negative impact on his directorship in the newly incorporated PVT company without closing the first incorporated company(mentioned above) ?

Thanks in Advance

Respected Experts, I recently Incorporated a PVT LTD company. So my query is , What are the filings required during the first year of Incorporation and also at the end of Financial Year ?

A company incorporated in May 2024.
1.What will be the due date to file DIR-3?
2. Can we file DIR-3 by self or it is file by CA/CS?

Hello Everyone. A client approached me to appoint me as an Auditor for his recently incorporated PVT.LTD company. He has already appointed a CA as his company's auditor at the time of incorporation and now he wants me to replace that CA appointed earlier. Now, i want to know the process of removal of an auditor and appointment of another auditor during the first year of Company Incorporation.
Please guide me regarding this.
Thanks in Advance

Two partners running a partnership firm from 5 years, recently they open another company which is Pvt Ltd.
They both withdraw amount from partnership firm in form of salary every month.
Is it necessary to show director remuneration in books of accounts of Pvt Ltd because it cannot pay now?

Can number of minutes of meeting be more than number of board resolutions? If yes, then which dates will be mentioned in Directors Report or in MGT-7A

Can someone help me to understand which ROC forms are required to be filed by a Private limited company after it becomes a holding company? Also, please let me know the compliance procedures to be followed under Companies Act, 2013.