Anonymous
31 March 2012 at 11:53

Roc filling

is it possible to file the ROC return without filling the income tax return of past years! as company didn't file there income tax return but company want to file there ROC return and get there status cleared. right now the status of company on ROC site is DORMANT.


S.Jegadeesan
30 March 2012 at 19:35

Company closure

Sir,
I wish to clarify a doubt regarding Company closure under FTE Scheme.

M/s. ABC Pvt Ltd has stopped the business on 31.03.2011. How it should prepare the Statement of Account while it has some assets & Liabilities (including Share capital & profit)
i.e. Share Capital 500000
Profit Rs.(Cr) 100000

Fixed Assets Rs.500000
Sundry Debtors Rs.100000

Further whether the same person can sign the Statement of Account(as an auditor) & sign the eform FTE?

Regards,
S.Jegadeesan


CA Priyaadarshini
30 March 2012 at 18:32

New schedule vi

Hi,
overdue instalments of long term loans should be classified as Current liability as per revised sch VI. can anyone tell me why the disclosure of period & amount of defaults is required under Non current laibilities? logically the disclosure shd be required under Current liabilities.

Pls clarify.

Thanks
Priya


SONIKA

sir i want to know if a Private Company accept Public deposit then what the penal provision. its controversial for section 3 (1)(111) or section 58A(public deposit rules)



Anonymous

sir, i want to know that there is a public company and its director wants more remuneration then limit decide by companies act 1956. i want to know the procedure and forms to be filled for it...
thank u!!!!!!


Sharwan Baluni
30 March 2012 at 16:11

Section 192 of companies act

Please explain the meaning of section 192(4)(b) AS "resolutions which have been agreed to by all the members of a company, but which, if not so agreed to, would not have been effective for their purpose unless they had been passed as special resolutions" of Companies Act 1956.


Law Aspire
30 March 2012 at 15:13

Consultancy fees to chairman

In a Public unlisted company , at present a person is a Chairman cum Managing Director (CMD)and getting managerial remuneration. Now we want to change him to Chairman cum Chief Consultant(Finance) i.e Keeping him as a normal director and not retaining him as a MD and want to pay him remuneration as a Fees in Professional Capacity and not by way of managerial remuneration to him . Can we do So. Is there any restriction in Company Law restricting payment of Professional(Consultancy) Fees to a person appointed as Chairman of the Company.



Anonymous

Any Body please send Main Object of Sugar Manufacturing Company


Ankit Aggrawal
30 March 2012 at 12:51

Schedule xiii

As per schedule XIII Long terms Loans payable after one year means ????????

is it ?

Long Terms loans as on First day of Current financial year - Installments due / Repayable in Current Financial Year = Long term Loans



Anonymous
30 March 2012 at 12:42

Payment to relative of director

Mr. A is a director of a Private Limited Company. The Company is making payment to Mrs. A on professional capacity for rendering Engineering services. Is it necessary to obtain the approval of Board for making payment to Mrs. A. If so, please provide the format of Board Resolution.

Thanks in advance






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