Sir
Is there any stamp duty on acquisition by a Company of a society registered under societies registration act..
Indian Stamp act also west bengal stamp act do not mention on stamp duty on 'ACQUISITION'.
Regard
Abhijit
Hello,
I have a small query in respect to register of contract. This is for private companies.
(i) Do we need to take omnibus approval in the first board meeting for related party transaction even if the transactions are at arm's lengths price and ordinary course of the business.
(ii) How can we maintain register of contract . should it be monthly, quarterly or yearly. I have seen many people maintaining on yearly basis and they mention date of contract as 01.04.- 31.03.
(iii) What should be the date of contract ideally if there are no contracts entered.
Regards
Anita
KIND ATTENTION SIR
KINDLY PROVIDE DEPRECIATION RATES UNDER COMPANIES ACT 2013.THANK YOU SIR
Sir
A 100% govt owned company acquire a society registered under society registration Act.
The scheme of acquisition does not mention any consideration to be paid/payable by the Govt Company to the management body of the society.
my query before the experts is:
Is there any compulsion that acquisition must be against consideration?
abhijit
My company is PVT LTD company & My NP ( Net Profit ) for the year FY 24-25 is 7 CR including income other then business income.
Out of which other income includes capital gain is 3 CR & Keyman insurance income ( One time income ) is 2 CR.
Shall we applicable for CSR liability?
What are the calculation for the same?
Sir
A Govt Company (registered under Companies Act) acquire a society (which shown as a project of the Government)
.My query is as the society is not come under Companies Act does such acquisition require sanction from NCLT under Companies Act?
Regards
Abhijit
Hi,
I would like to know whether MGT-14 is required to be filed by a private limited company in case of EGM resolution passed to appoint auditor (casual vacancy due to resignation).
So it has come to notice that the details on the MCA portal and in DIN don’t match with the DIRECTORS details as per his PAN/Aadhar. Now I want to update his name, email id and his residential address. His DIN was obtained in 2010 itself. Now do I file DIR-3kyc normal form and not the web form I mean OR Dir-6? Cause Technically speaking there has been no such change, just that wrong name was put and old email id needs to be updated to new. Only residential address has changed but it has happened years back. Please advise how to proceed?
What is the process to change the residential status of a director from resident to non resident.
The company is a new company incorporated on 1st April 2025.
There is no provision in the DIR 12 form regarding change of status for the same director. Please clarify.
Dear Friends,
There are 4 Pvt Ltd cos in a group.
A Pvt. owns a commercial building on one floor of which it has its own office and as well as the offices of other group companies which share common space, manpower and facilities. They have made this place as a corporate office and to register it as a communication office for bank purpose.The banks want them to provide a proof of tenancy ie. rent agreement.But the problem comes with the provisions of Related party transactions under section 184 of CA
All other floors are available to let out and rent is very high in the area. So if A Pvt Ltd charges a rent which is not an arm's length price, then provisions of RPT. will tigger.
So, please let me know your news on the following.
1. Is this transaction i.e. sharing common space attracts related party transactions.
2.How to determine the rent payable by each co that it doesn't attract RTP provisions
3. Is there any way that the RPT doesn't apply in this matter?
4. Can a single rent agreement be made as a co-lease in which one company is lessor and rest 3 as lessee and a common terms and conditions applicable to all is it legally acceptable agreement.
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Stamp duty on acquisition