Hi Experts

What is the procedure to convert Partnership firm to a Pvt Ltd Co. and What are tax implications on the same ?

we have made a company incorporation,but when we checked in MCA site the status is showing as Required Resubmission....the matter is
******Form 32 showing appt as Executive Directors, but nothing is mentioned in Articles regarding Executive Directors. Form should be resubmitted by 29/06/2012 failing which the eForm shall be treated as invalid and shall not be taken on record. (Please refer Regulation 17 of the Companies Regulation, 1956)*****

So could you please clarify wht to do in this regard...Ugent

i am a part of company which is having liability to pay to some companies and i want to give resignations from board of directors.

some of the working contract papers & employee joining letters are signed by me.
i want to know will there be any problem with me after i give resignations from board has company is not able to pay their employees and other liabilities?

WHAT ARE THE STEPS INVOLVED IN GIVING RESIGNATION FROM THE BOARD OF DIRECTORS?

There is a director having two (2) din number in 1st pan no. is not attach and in second pan is attached.
What is the procedure for cancelling the din number??? Second din no. is not used at anywhere. …

Please let me know the applicability of Section 297 in this particular case as mentioned below:

X,Y & Z are director in XYZ PVT Ltd as well as in ABC PVT ltd.

(1)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque.

(2)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market rates.

(3)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market prices. The amount of contract is of Rs. 3 crores approx.

Waiting for your early response.

Thanx
Regards
Shyam Gupta

Dear Sir/Madam

Kindly let me know whether the Memorandum of Association of a Private Limited
Company can have two different Main objects viz. (i)Infrastructure and (ii)Fashion Designing??

Let me know as soon as possible.

Thanking you.

Please let me know the applicability of Section 297 in this particular case as mentioned below:

X,Y & Z are director in XYZ Ltd as well as in ABC ltd.

(1)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque.

(2)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market rates.

(3)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market prices. The amount of contract is of Rs. 3 crores approx.

Waiting for your early response.

Thanx
Regards
Shyam Gupta

Anybody have an idea regarding procedure of obtain a permission for filing of Form 8 after due date?
Is there any specific application form?

What is the difference between fraud and misrepresentation?In the case of Hazi Ahmed vs Abdul Gani Khan AIR 1937 Nagpur 270.The circumstances of the cases seemed to be fraud but the court declared it to be misrepresentation.The case is given in short as under:-

In the negotiations of a marriage contract the relatives speaking for the girl failed to disclosed that she suffered from epileptic fits.The engagement was held to be voidable by the reason of misrepresentation.In this case non disclosure of very material facts was held to be misrepresentaion.
PLease explain the distinction and the above case study.

A company has investment in HDFC Cash Management Fund-Treasury Advantage Plan-Weekly Dividend plan(dividend is reinvested) since last 3 years.
It undertakes various transactions of purchase & sale of units of the MF throughout the year.
Now whether should we disclose this investment as Non-current/Current investment as per Revised Sch. VI?