Dear Sir,

A small company was incorporated on 27-04-2024 and has received the Certificate of Incorporation. However, no further compliances under ROC, GST, or Income Tax have been completed to date. I seek clarification on the following points:

1. Since the company was incorporated towards the end of the financial year, is it sufficient to conduct only one Board Meeting instead of two for the first financial year due to the short period available?

2. The subscribed share capital has not yet been transferred to the company’s bank account. Further, Form INC-20A has not been filed and share certificates (Form SH-1) have not been issued to the shareholders. If the subscription amount is transferred now and compliance with INC-20A and SH-1 is completed, can the share capital be reported on a due basis in the balance sheet for the first and second financial years?

3. Is it mandatory to convene a Board Meeting for every Board Resolution passed during the year? Can resolutions be passed without holding a formal Board Meeting?

4. The GST registration (GSTIN) of the corporate state has been cancelled suo motu by the department. Is it possible to apply for revocation after the extended time limit has lapsed? Additionally, can GST registration be obtained for a branch state if the GSTIN of the corporate state has not yet been revoked?

Kindly guide on the above issues.

Hi, I finished CS in 2014 and worked for a few months in a private ltd. company before getting married. During the last 10 years, I was not able to practice or get employed anywhere in the company secretary role.
However, now I want to get back into the workforce and restart my career as a company secretary.

I wanted to know, how do I start? How do I get updated about every old and new rule? Also, are there any newsletters or emailers where I can get weekly updates?
Any kind of guidance would be appreciated.

We seek your expert guidance in the matter of certain Private Limited Companies wherein statutory compliances have remained pending for the last five to six financial years due to professional negligence of the earlier consultant. The present management is willing to regularise all pending filings by paying the prescribed additional fees, penalties, and compounding charges. The intention thereafter is to close/strike off the Company. What about ADT 1 and CA UDIN on Balance Sheet ? Please guide

I am having an LLP Incoroprated on 26-06-2019 , there was no Business activity for since 04-March-2025 , current FY 2025-26 there is no activity. But we had paid LLP Filling Fees of Rs 50 on 09-09-2025 for Filling Form 8.
Current Senario :
1. All LLP Forms 8 & 11 are filled till FY 2024-25
2. All ITR Filed till FY 2024-25 (ITR also processed with 0 payment Due)
3. We have an Active Bank Account (Durring FY 2024-25 we had done only 2 Transactions for making statutory filing fees on MCA Rs 50/- for Filling Form 8 & 11

Can you please guide
1. Can i close my LLP by Filling Form 24 ?
2. When Should I File the form?
3. From Which date will my inactive period calculated ?
4. Do payment of Goverment Fees like MCA Filling Fees consider as Business Activity will this effect the Inactive period

Can you please share reference of Professional who can help me carrying out Closure of LLP.

Thank you in Advance

after submitting adt1, its asking to affix dsc in pending for dsc upload srn status.
but if i click on edit (in the adt1) dsc does not open (instead greyed dsc.box text appears)

how to affix dsc to adt1 and pay fees?

ok, its solved. just go to my applications/search ur adt1 srn and click download and then open that pdf in acrobat not in google chrome, ull see dsc , affix there and then upload adt1

i have created a loging id on mca portal being advocate for formation of compnay as per section 7 . i have already applied for company name approval granted. how to proceed further as on mca portal only ca cma or cs allowed to form a company and file declaration . can i proceed as authorised representatives , as option of advocate for filing declaration is not available .

as per section 7 of the copnay act an advocate is also authorised to file a declartion but on mca portal only ca or cma is authorised and no space is given for an advocate . whether an advocate can form a company by filing declaration without the help of ca or CMA

Hello, Guys can any one tell me whether we need to file STK -3 ( Sign and Execute) in the same state where company is registered or we can execute in a different State

Hi,

just wanted to check, we have been asked by our business owner (we are franchisee) to register for POSH...just wanted to know can it be done backdated? we can show that we have ICC already formed but have not registered it under POSH..

Sir,

A pvt ltd company no expenses and no incomes ,share capital was introduced and later the director withdraw amount from bank.so the situation is

trial balance
share capital 10 lakh credit
Director Loan 9.65 lakh debit
how to show this director loan in books as it is debit balance and if small company has any exemption to 185 AND 186,also how to report in audit report.The company has neither accepted any borrowings nor any payments.pls help