if a A Company comes into contract with B Pvt. Ltd. in which directors are common and comes u/s 297 of the act. the paid up capital of A Company is more than 1 crores and the company sells or purchase the goods on prevailing market rate.

My query is that if A Company gives advance to B Pvt. Ltd. for the business transaction, then it comes under rule 2(vi) of the Companies (Acceptance of Deposits) Rules, 1975.

My company conducts Board Mtg for annual accounts approval every year in Sept month. Can the AGM also be conducted on the same day every year.

If yes what are the formalities the company needs to adhere to

Can a Partnership Firm become a member of company other that Co. u/s 25?

In case of a Government Company can Managing Director be appointed on the basis of government orders for his appointment without the approval of Board of Directors. If the approval of the board is necessary then what will be the date of his appointment the date of government order or date of board meeting.

I think Schedule XIII is not applicable in case of Government Companies hence the approval of the shareholders is not necessary.

A Pvt Ltd make entered in to contract with B Ltd. For accomplishing this contract A Pvt Ltd also contract with Mr. X to manage and maintain the activity. Mr. X give Rs. 10 lakh to A Pvt Ltd. as (a) Security Deposit, (b) Capital Contribution in that particular activity. The contract provides that Mr. X will receive a cirtain predicide amount as salary say 50000 per month and 50% share in net profit from that activity.
Whether this security deposit or capital contribution will fall under the category of loans or advance from non relative person of director.

As per Section 3(1)(iii) Second Condition will no. of member(50) do not include member who become member BEFORE he come in employment with the company.

IS above statement Correct or Not .

Plz Guide

Hare Krishna

DEAR EXPERT

PLS LET ME KNOW WHETHER THERE IS REQUIRE TO ATTACHED THE BALANCE SHEET OF THE SUBSIDIARY COMPANY WHILE FILING THE RETURN OF THE HOLDING COMPANY OR SHALL I ATTACHED STATEMENT 212.
IN HOLDING CO FINANCIAL INFORMATION SHOULD BE STAND ALONE ONLY

THANKING YOU IN ADVANCE

REGARDS
ANJALI

Can director report and audit report be filed separately at MCA site as it was escaped to file in form 23AC originally.

if not , how i can file this two documents.

I have filed form 23AC and 23ACA at the MCA website of newly incorporated pvt ltd company.
In this two form i have attached following documents
23AC- Balance Sheet and B/S Schedule
23ACA-P&L and P&L Schedule

I have not attached : Auditor Report and Director Report in the forms.

Is it compulsory to attach Auditor Report and Director Report in forms. if Yes in which form (23AC or 23ACA)?

I have filed form 23AC and 23ACA at the MCA website of newly incorporated pvt ltd company.
In this two form i have attached following documents
23AC- Balance Sheet and B/S Schedule
23ACA-P&L and P&L Schedule

I have not attached : Auditor Report and Director Report in the forms.

Is it compulsory to attach Auditor Report and Director Report in forms. if Yes in which form (23AC or 23ACA)?