Our company could not pay dividend on 4% Cumulative Redeemable Preference Shares due to the loss, so whether we need to make provision in the current year’s books for accumulated dividend. If in case company continuously incurres loss till the redemption of shares and even in the year of redemption company incurres loss, whether company is liable to pay accumulated dividend for all the previous year and if yes how we can pay dividend as there is a loss and company doesn’t have distributable surplus.
As per amended unlisted public companies (Preferential allotment) Rules, 2003, Companies are required to provide the details of persons to whom allotment is proposed to be made in the resolution passed by members under sec. 81(1A). What if the comapny wants to issue those scurities to any person other than those mentioned in the past resolution?
whether companies(second ammendment)2002
is came into effect or not
please answer.
Hello everyone,
i(practising CA mem no.145209) have got digital signature from TCS (softcopy). i have signed the DIN1 form of one client and when i upload the form following message is displayed on the mca site
"Errors
Following errors have occured in the prescrutiny. Please click >> to view the errors.
Signature validation failed for Signature field for Practicing professional/Secretary. The person is not authorised to sign on this field."
what should i do to upload the form ?
waiting urgently for your reply.
I corporated a company this march with an auth share capital of rs 2 crores. Certificate of incorp was of dt 19th march 12.
What wd be my first accounting year for roc purpose and income tax purpose. The directors were out of town and thus bank account was opened in april 12.
Pls help
Still my common seal is under process and first board meeting is yet to call on.
what is the meaning of the consortium Finance is involved?
this question is mentiond in form 8.
under the form 8 ,when there is the tick mark on the Movable property ( Not being Pledge)
what does it stand for?
what is its interpreatation?
what is the importance of s-132 in co. act 1956?
why comapny has to register the charge in ROC?
Plz confirm me whether Sec. 262 is applicable in case of casual vacany arising out of resignation of Additional or Alternate director
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Non payment of dividend on cumulative redeemable preference