HI

1. CAN A PVT LTD COMPANY ACT AS A PROPRIETOR?
2. IF NOT, THEN WHY NOT? IS THERE A SPECIFIC LIMITATION IN ANY PROVISION OF ANY ACT, FOR A COMPANY ACTING AS A PROPRIETOR?
3. IS THERE A LEGAL DEFINITION OF A PROPRIETOR IN INCOME TAX ACT,? IF SO, PLEASE ADVISE AS TO THE SECTION FOR THE SAME, OR WHAT IT SAYS.

MY CHAIN OF THOUGHT, A PVT LTD COMPANY IS AN ARTIFICIAL JURISDICAL PERSON, AND IS ABLE TO OWN AND HOLD PROPERTY IN ITS NAME, IS ABLE TO SUE AND BE SUED IN ITS NAME, THEN WHY NOT ACT AS A PROPRIETOR?

dear all
what is the procedure for conversion of private ltd to limited liability partnership (LLP).
thanks .

Can a private company take loan at interest from an individual outsider? Will that not come under deposit? And as per deposit a private company cannot take loan from individual outsider. Kindly advise.

Is it necessary for two Directors to sign the financial documents of a pvt ltd company which is to be uploaded on website of ROC

my LLP formed on 15 th Jan 2018. do I need to file form 8 and 11 for FY 2017-19. WHEN should be my first annual filing. what are the things to be kept in mind while filing first annual return?

When a private company is accepting deposit from members, within limit, is it also required to issue circular to members? As per my understanding consent of members is required to be obtained in general meeting for accepting deposits (in limits) and forms MGT 14 and DPT 3 have to be filed with ROC. DPT 3 will be filed as an attachment to GNL 2. Kindly advise if my understanding is correct.

I need to incorporate a new private company, where the 51% shares would be held by an Indian promoter and 49% is to be held by a foreign company (Chinese Company). will the company Incorporation procedure be same as other private Company Incorporation or do we need extra documentation for the same? will RBI come into scenario

As per the notification by MCA the time limit for filing Form NFRA-1 will be 30 days from the date of deployment of this form on the website of Ministry/National Financial Reporting Authority (NFRA) for all bodies corporate governed by the said rule (excluding companies as defined under sub-section (20) of section 2 of the Companies Act, 2013, which are not required to file this Form).
As per section 2(20) - "company" means a company incorporated under this Act or under any previous company law.
However, as per the MCA notification 3 (2) - Every existing body corporate other than a company governed by these rules, shall inform the Authority within thirty days of the commencement of these rules, in Form NFRA-1, the particulars of the auditor as on the date of commencement of these rules.
So Is filling of NFRA-1 form is applicable for Private Company?

DEAR CORPORATE EXPERTS,
In a Company, there were two directors
out of them, one got death.
Now It is required to appoint one director in place of dead person.
Problem is that
DIN of dead person is not updated through DIR3-KYC form,
by which I could not file the form DIR-12 of resignation of dead person
in this case 2 Queries are
1. Can DIN of Dead person get updated through DIR-3-KYC Form
2. Please Suggest me best solution

Dear Sir / Madam,

Whether there exist employer - employee relationship between company and its non executive director/s?

Kindly provide section number also, if the companies Act, 2013 provides so !!!

Kindly revert back.