RENUKA CHOURASIA
31 May 2012 at 16:38

Creation of charges

Whenever a private limited company purchases any fixed asset (movable or immovable)by financing it from external sources - is a charge created???? If so is it necessary to file Form 8 with the ROC??????



Anonymous
31 May 2012 at 16:07

Reissue of forfeited shares

Can anybody send me the shareholders resolution approving the reissue of forfeited shares.


Suraj S

One of my client is a non-listed public company. The company has been making losses in the past few previous years and it has an accumulated loss in its Balance Sheet. This year the company has been able to make profit enough to cover the accumulated loss. But, the company's mgt. is keen to declare dividend during for the year ended 31st March, 2012. The quantitative details are below:



Accumulated Loss - Rs. 30,00,000.00

Current Year Profit - Rs. 50,00,000.00

Dividend Proposed - Rs. 30,00,000.00

Now, my question is after set off of losses the surplus of the company would be only Rs. 20,00,000.00 but the mgt. has decided to propose dividend of Rs. 30,00,000.00. It has no other accumulated reserves. Can the company do so? The mgt. after consulting some experts is claiming that they can declare dividend this year even though they are short of Rs. 10,00,000.00. What is your opinion in this scenario?



Anonymous
31 May 2012 at 10:30

Incororation of company

can someone tell me proper procedure of incorporating the company (step by step)



Anonymous
31 May 2012 at 10:16

Incororation of company

can someone tell me proper procedure of incorporating the company (step by step)



Anonymous
31 May 2012 at 10:10

Incororation of company

can someone tell me proper procedure of incorporating the company (step by step)


shriyeshjain
30 May 2012 at 21:32

Dividend

Respected sir,
In a question if it is given that there are share warrant holders and Eq. shareholders. And when we calculate EPS then EAES divided by no. of equity shares(exclude share warrant holders)
Bt, at the time of issue of share warrant dividend coupon is also given.
So, my question is that if we are not considering then as participate in earnings then, how they will get Dividend.Because dividend is distributed from Earnings.

Thanku


Manoj Prasad
30 May 2012 at 19:54

Change of face value


FOR A PRIVATE LIMITED CO,

DATED: 24-03-2012 NOTICE DATE:01-03-2012

AUTHORISED CAPITAL INCREASED FROM RS.10 LAKH TO RS. 20 LAKH DIVIDED IN 2,00,000 EQ.SHARE @10/- EACH FROM-5 FILED WITH ROC

DATED: 31.03.2012 NOTICE DATE:03.03.2012
FACE VALUE CHANGED FROM RS.10 TO RE.1/-
AUTH.CAPITAL NOW RS.20,00,000/- DIVIDED INTO 20,00,000 EQ.SHARES ..FORM-23 HAS BEEN FILLED WITH ROC

NOW PLEASE TELL ME IS ANYTHING WRONG IN THE ABOVE ACTIVITIES / PROCESS


Rawther Riswan
30 May 2012 at 15:27

Difficulty in uploading form 20b

Dear Professionals,

Im trying to upload Form 20B in MCA Portal for ROC for one of our clients company. But i cant be to upload it because of large file size. As the form 20B size was nearly 4.2MB. I have tried Various methods in order to shrink its size, But no use. Even i tried filing a new form from a new computer. But i cant able to reduce the size. So, help me in order to solve this issue or suggest me some other methods to upload it.


Gomathy Srinivasan

very long back i have obtained din for a director.... but unknowingly i have applied din 1 again and obtained another din number ... now what i should for surrendering the second din number. using the first din number the company filed returns for 5 yrs. but the second (new) din number has not been used .... can anyone please help me in this regard ???

Thank You,






CCI Pro



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