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.
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.
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Uploading of documents on roc website