Deepika Bhardwaj
11 October 2011 at 17:41

Calculation of net worth

Pursuant to section 3(1)(ga) of the Sick Industrial Companies (Special provisions) Act, 1985, NET WORTH= (Paid up Capital + Free Reserves)

Whereas, Free Reserves are defined as all reserves credited out of the profits and share premium account but not include reserves credited out of re-evaluation of assets, write back of depreciation provisions and amalgamation.

What will be the calculation if the Company has accumulated losses in the balance sheet of the relevant financial year.

Please guide, if we need to deduct accumulated losses from the paid up capital while calculating Net Worth for a particular financial year.

with best regards
Deepika Bhardwaj
Company Secretary



Anonymous
11 October 2011 at 16:41

Roc certified copy

Kindly clarify my query as under :

If I need to obtain Certified Copy of Amended Articles of Association from RoC, should I opt only for the Amended AOA or
the entire Form 23 including all the attachments to Form 23

or

What is the appropriate way ?


Experts who have gained experience on the above query may please clarify my query.


Manoj Prasath
11 October 2011 at 16:04

Name approval

will i get name approval like this

Kaliber enterprises private limited -- Tamilnadu


when theres already a company rigistered as
Caliber enterprises private limited -- Maharashtra



Anonymous
11 October 2011 at 15:10

Annual filing

dear sir/madam,

pls solve my query, as i m doing annual filing for first time i request you to provide which documents are attached compulsory to the following forms:
(1)form 23AC
(2)form 23ACA
(3)form 20B
(4)form 66
(5)form 32(to regularise additional director)
(6)form 23b(to change auditors of the co.)

pls do reply its urgent

thanks

regards

tanveer ahuja.


SOURAV
11 October 2011 at 14:21

Procedure to enter nri as director

please send in Summary a PRocedure to Enter A NRI as Director


Dhanraj Jeyakumar
11 October 2011 at 12:49

Roc return

dear members,

can we check the shareholders details of a company from MCA website..?
please explain the procedure.
thanks in advance.


Manoj Prasath
10 October 2011 at 19:11

Statutory requirements to be followed

Hi all
It would be most helpful if someone can shed some light on the following matters.

A private limited company and formed and certificate of incorporation has been issued on 24.03.2010.

What are all the statutory requirements to be followed by the company regarding :
1. holding of AGM
2. filing of annual returns.
3. Appointment of auditors.
4. No of board meetings that should have been conduted.
5. whether the AGM conducted can be inclusive for both financial years, i .e., 2009-10 and 2010-11
and also any other matters to be taken care off.

Thanks in advance.


sudheer kumar
10 October 2011 at 16:18

Meetings

what are the documents to be sent along with notice of a meeting?


Goutam Jain
10 October 2011 at 16:11

Xbrl related

A company having turnover of Rs. 110 Crore. Whether it is mandatory to file annual return in XBRL format. (urgent).


Sada Abdulkarim Dalvi
10 October 2011 at 14:40

Managerial remuneration

The company was a pvt ltd company as on 1st day of the FY. During the year it became subsidiary of a listed company. The Subsidiry's p&L a/c is debited with the mangerial remuneration for the year. What are the obligations to be followed by the company on becoming subsidiary, also what are formalities to be complied wit? Is sch-XIII is applicable in the case?






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