Dear All,
We are preparing a Balance Sheet of a Government Department from 2011-12 to 2014-15. Now in FY 2014-15, a new depreciation rate was prescribed as per Companies Act 2013. The Problem is that if we start applying this new rule of depreciation it will consume a lot of time since the company has 300 individual units whose balance sheets are first prepared individually & then got consolidated. Also the details like actual purchase date etc. are all very difficult to extract.
Is there a way out so that we continue with older applicable rates by mentioning it in notes in accounts or some other way which saves our time.
Thanks in advance.
Amit Jain

Can a Private / Public Limited Company remove director on the basis of disqualification u/s 164 of the Companies Act, 2013??

and if yes what are the evidence of cessation to be attached to form DIR-12 on MCA?

Please Reply....

Dear Sir

This is with regard to disclosures required to be made under the The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (''Act'') in the Board's Report of the Company.

We have one of our client companies which has constituted an Internal Complaints Committee (ICC) and has made the disclosure regarding its constitution in its Board's Report for the year 2018. However, the disclosures required under The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 about the number of cases of sexual harassment filed, if any, and their disposal, has not been made in the Board's Report. The Client Company's argument is that since they have already submitted the report of their ICC to the District Officer, which contains the required details under the said Act, there is no requirement to mention the same information in the Board's Report of the Company.

We have referred the Board's report of few listed public companies and they have all made the requisite disclosures with respect to ICC as well as The Sexual Harassment of Women at Workplace Act, 2013 in their Reports.

We seek your advise on whether the understanding of our Client Company is correct or of the listed public companies.

Awaiting your reply.

One of our private companies.paid up capital is around 40,92,000 which is less than 50 lakhs and its previous year turnover is around 32 crore.so can we consider it as a small Company as per sectiom 2(85) and go for Fast track merger?

Dear Sir,

Can any one help to Provide me the Draft Memorandum of Assiciation (MOA)/Articles of Association (AOA) for Electrical Engineering and Solar energy Services Pvt. Ltd. company.

Thanks & Best Regards,
Devendra Singh

Names of first directors should be mentioned in AOA as per Table F of Schedule I of the Companies Act,
2013.
Definition of private company as per Sec. 2(68) of the Companies Act, 2013 should be mentioned in AOA.
ABOVE QUERY IS RAISED ON MCA FOR FORMATION OF COMPANY THEN WHAT CHANGES I HAVE TO DO IN aoa PLEASE STATE & WHERE

We are planning to merge two companies, both are private companies. so it is optional for company to go for Fast track merger or Need to follow the whole process of Merger amalgamation as per sec 231 to 233 i.e the whole NCLT Procedure? Can somebody guide ? I need help

R/SIR
WE HAVE TWO DIN
ONE DIN USED IN COMPANY DIRECTORSHIP
BUT ONE NOTHING USED ANY COMPANY
PLEASE PROCEDURE ONE DIN SURRENDERED

FORMATE OF :
Affidavit including declaration that retained DIN
will be updated with all associated CIN/LLPIN;

Hi Sir,

As per the Companies Act, 2013 Casual vacancy Due to resignation should be filled by the BOD subject to approval of EGM with in 3 months.
In My case, Auditor Resigned on 03/08/2018, Financials Signed on 04/09/2018 & AGM date on 28/09/2018
Please help me out on complying with the Casual vacancy Procedures & date of Meetings to be held ?

Can A Private Limited company Invest in another Private limited company through allotment of shares. PLEASE NOTE :both pvt ltd companies have same directors or those directors are relatives as per companies act