A private company appointed relative of a director as the chief consultant, with the monthly remuneration exceeding Rs.250000/-, whether the Director Relative(place of Profit) Rules,2011 are applicale for the above appointment?

Pls confirm me,whether a CA in whole time practice can apply for his own co's registration and sign his all ROC forms filled in given process in the capacity of director of company or is not allowed to become a director of company when he is in practice.

Thanks in advance...

Dear All,

Please clarify can we pay the the interim dividend of 2011-12 in May 2012, In actual my query is if we have to pay interim dividend in the same financial year for which we are paying the interim dividend ?

Hello,

Would like to know if Bonus share can be issued at a premium - ?

I believe it is no , because the very purpose of bonus issue is movement of reserves to Capital , however , issue of bonus share at premium will retain the premium in reserves account itself (thought there will be increase in the number of shares)

Also, Can Bonus shares be issued at Discount ? Would it make sense to have such an issue ??

Still,, is there any provision which states that Bonus cannot be made at a premium/Discount ?

Can a Company (Pvt. Ltd or Public Ltd.) take a loan by mortgage its Equity share Capital?

Please give me detailed answer.

Thanking you

From 22nd July onwerd, there will be levy fee for filing of form 23B, my query is, who is liable to such fee (ie. Statutory Auditor or Appointing Company)?

And if, Appointing Company delayed in intimating to the Auditor then, even Auditor will be liable to pay sucy fee?

1. From 22nd July onwerd, there will be levy fee for filing of form 23B, my query is, who is liable to such fee (ie. Statutory Auditor or Appointing Company)?
2. And if, Appointing Company delayed in intimating to the Auditor then, even Auditor will be liable to pay sucy fee?

Dear Sir,

Whether Director's relative who is CA can appoint as statutory auditor of that Company?

Request to you please provided me list of disqualification for appointment of CA as Statutory Auditor.

Thanking you,

With Best Regards,
Digesh Shah

Sir,

I am working on private company and Board of directors of my company has decided to sell(all share)of the company for the consideration for cash.

I have to give my directors detail procedure to effect the sell.

can anyone please tell me the detail procedure for the same and what i know is that the company have to prepare MOU first that i m preparing but detail procedure i don't know.

Please help me its urgent.

Is filing of Form 23B mandatory now? How to find the relevant circular?