CS Premjith
15 December 2011 at 11:28

Cost audit rules and cost accounting rules

Frdz,

Is cost audit mandatory for all the manufacturing companies?

I am really confused between the cost audit rules and the cost accounting rules.

I understand that the Cost Audit Rules 2011 are applicable for those companies where the CG has specifically required u/s 233(B) of the Companies Act. (our company has not received any such orders so far)

Cost Accounting Rules states that it is applicable for all companies where the networth exceeds 5 crs/turnover exceeds 20 crs.

Plz clarify.


siddhi08
15 December 2011 at 10:29

Register of contracts

Dear All,

If anyone know or have format or sample of Register of Contracts of Directors. Kindly provide me.


Thanks,
Siddhi


CA Kunjan - www.canaresh.com

as capital cannot be brought on 31.3.2011 itself, how to file 23 ac/23aca ? we have made accounts as we had to file income tax return.

please help.

regards, mr.kunjan shah, www.CAnaresh.com, Mumbai


PUNEET GOYAL
14 December 2011 at 20:56

Form-8

Dear Expert,

My query is that a company has modified charge against its moveable and immoveable property number of times and but never modified the original charge registered with ROC.

Now the company wants to register fresh charge with ROC in respect of same without giving any reference to original one. Is it possible? If yes what will be the consequences of leaving original charges as it is and instead of modifying the same we get registered fresh charge?

please give reference of relevant provisions and notification.

Thanks in advance...



Anonymous
14 December 2011 at 15:39

Din query.

dear sir/madam

i have filed din-1 of director on 1/12/2011 & filed form 32 of same director on 5/12/2011
form 32 as well as din-1 both are properly approved & even mca portal shows the name of new director on signatory details.......but while filing annual return it asks for entering valid din???????i have tried 100 times but same dialouge box??

so wat can be the reason for that qurey????

are din-2 & din-3 are still compulsory???????

pls do rly

thanks

regards
tanveer ahuja


SHRUTI
14 December 2011 at 15:23

372a

I WANT TO KNOW WHETHER SECTION 372A IS APPLICABLE IN THE FOLLOWING CASE:-

COMPANY A HAS ENTERED INTO AN AGREEMENT WITH SOME BODY CORPORATE FOR SALE OF ONE OF ITS PROJECT AND THE SAID BODY CORPORATE IN ORDER TO SECURE ITS INVESTMENT ASKED COMPANY A TO PROVIDE A CORPORATE GUARANTEE AND COMPANY A EXECUTED THE REQUISITE CORPORATE GUARANTEE. WHETHER THIS CORPORATE GUARANTEE IS COVERED UNDER SECTION 372A FOR COMPANY A


Sarabjeet Kaur

I had one query, one company had foreign subsidiary in Singapore and its balance sheet has been finalised in USD by their Auditors. Now, while filing Balance sheet of the holding company with ROC whether the accounts of subsidiary has been filed in USD or it should be converted into INR. if it should be converted into INR then whether the auditors of Holding company will convert or the auditors of subsidiary will convert those accounts



Anonymous
14 December 2011 at 13:23

For company incorporation

CAN ANYONE PROVIDE ME MAIN DIVISION OF INDUSTRIAL ACTIVITY OF THE BUSINESS CONSULTANCY COMPANY TO BE FILLED IN FORM 1 AT THE TIME OF COMPANY REGISTRATION.


arpit

CAN A MEMBER OF THE COMPANY CAN HOLD THE DOCUMENT OTHER THEN PUBLIC DOCUMENT .IF YES THE IN WHICH SECTION OF COMPANIES ACT AUTHORIZES THIS AND IF NOT THE WHAT ARE THE ACTIONS CAN A COMPANY TAKE AGAINST THE MEMBER .ACTUALLY I WANT TO KNOW THE RIGHT OF HOLDING OTHER THEN PUBLIC DOCUMENT OF THE COMPANY BY THE MEMBER AND THE SECTION IN WHICH THIS AUTHORITY IS GIVEN.



Anonymous

Dear Expert,

Greetings for the day.

My question is for minimum authorised share capital applicable, if the word "CAPITAL" used in company name.

- One of our client propose to set up a new company with the name of XYZ CAPITAL ADVISOR PVT LTD.

- The main object of the company is capital advisory company.







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