HOW TO CHANGE THE STATUS OF "DORMANT COMPANY" TO AN "ACTIVE" ONE?

From the new Companies Bill, which may be already passed by now, Chapter VIII has the following provision:

• Instead of transferring a fixed % of profits to reserve before declaring dividend every year , company can on their discretion transfer such % of profit to the reserve before declaring dividend as it deem necessary and moreover such transfer is also not mandatory.

My question is: Does this mean, that the existing section 205 of the Companies Act, which states that the entire profit of the company cannot be declared as dividend, is modified and now the position in law is “Entire profit of company can be distributed as dividend”..?

Kindly clarify

Respected Experts,

When all existing directors wish to form a new private limited company,den is it required to attach a declaration or consent letter with Form-32?? All directors have deir DIN..pls Guide..As per my experience, when a company has already formed & a new director want to enter in thata company, den we need to attach declaration/ Consent letter, when the company is not formed den y 2 attach consent letter? one of our cs insisting 4 d same..pls correct me if i am wrong.

What would be the consequences if private company has taken unsecured loan from the person who are neither directors of the company nor their relative? What penalty can ROC maximum charge? What is the way to come out from the penalty?

Dear Members.

Application for allotment of Designated Partner Identification Number since there was a Form7, but at present there is no same form in LLP website for applying DPIN now how can i apply for DPIN, can i go head with DIN1 as like company, kindly advise me.

Views solicited

Regards
Girish

Dear Members.

could anyone send me the subscriber sheet for LLP and consent letter for acting as a partner in LLP, i will be incorporating LLP very soon and also confirm me is it same as company or else if not kindly provide me the same at the earliest i will be in under confusion.

look forward best.

THANKS IN ADVANCE

Regards
Girish

Dear All,

This query is with regard the compliance of section 212 of the Companies Act, 1956.

If the laws of the country in which the subsidiary is registered does not require the accounts to be audited mandatorily,
Still is it necessary to get the accounts of subsidiary audited?

Or the signatures of the directors of subsidiary are sufficient on the financials.

Kindly share your views.

Can a Member of the Company sell his voting rights to someone and continue to enjoy other rights of shareholders in the company.

I mean is it possible that shareholder who sells his voting rights would continue as member in Register of Memebrs in the above scenario...........

The person who buys the voting rights wil only enjoy that right and is it that he would have the sole power to execute his rights or he will have to act on the saying of the actual member..........please suggest

Sir,

Is there any provision to reissue the same company name which is strike off.

Actually we have a client who has formed a company is 1996 and which name is strike off in 2001 now they want to reissue that company name.
Is there any possibility?

Dear Members.

could anyone guide me while issuing COMPLIANCE CERTIFICATE AND SEARCH REPORT to the company is it necessary to take management representation letter from the director of the company.

Members views solicited.

Thanks in advance.

Regards
Girish