My company prepare the Balance Sheet as on March 31, 2011 in which we shows that Company received the share Premium and Share Application of Rs.1.00 core on March 31, 2011. But the same cheque is cleared on the bank statment on September 5, 2011. It is correct to show in the balance sheet as on March 31, 2011 under the head share premium and share application money with the credited amount of Rs.1.00 core in the bank statment after the March 31, 2011?
Can an unlisted Public company go for private placement to existing shareholders, directors & their relatives? what are the requirements that should be complied by the company as per companies act?
Dear Friends / Experts,
Please see and do the needful.
ABC Limited proposes to file Form 32 for appointment of Additional Director.
Secretary of the company is digitally signing the form. Secretary is a Member of ICSI.
Query
The E-Form is not allowing ONLY the Membership Number to be filled in the FIELD. Suppose, the M.No. is 1234, E-Form is not allowing the same.
However, if I fill A1234 (Secretary is an Associate Member of ICSI), E-form is allowing and not throwing error.
Please confirm the proper way of filling the Membership number of the Secretary, who is in full time employment of the company.
Ans : .................
I may request the Experts to clarify me from their experiences 'ONLY' on the above matter.
Can any body provide me Search report format to be attached with Form 1A.
thanks & regards
Gautam Roy
ACS
Sir
A pvt ltd company has increased its paid up capital by debiting allottee a/c and crediting share capital a/c. the entry was made on 31.03.2011 but the cheaque is not cleared in the bank. the company has also filed form 2.
My question is can a company show the increased share capital in its balance sheet as on 31.03.2011 .
plz advise
can heavy advtg expenditure incurred for creation of brand in the market be treated as an extra-ordinary item for the purpose of declaration of dividend under section 205 of the companies act. kindly advise
Please guide if a private company going in for DVR for cash and premium - can utilise the premium only for one member for issue of bonus shares.
at the time of the issue of bonus, will it be considered as sweat thereby applying the sweat guidelines?
Sir Pls explain if a private Company has authorised capital of Rs. 50 Lacs and want to issue shares of Rs. 50 Lacs with Share Permium of Rs. 50 Lacs.
Can the private limited company do so.
Books of company seized by revenue authorities. The company got the books back after passing 17 months. During the period company was unable to prepare its final accounts and lay the same in AGM for adoption of the same. As the books were returned in current financial year auditor signed the balance sheet of previous financial year in current date.
What course of action the company should adopt in such a situation.
Sir,
Is it necessary the date of share allotment and date of share certificate in private limited company should be same?
What if it is not so.. Like allotment of share was given in 2000 and date on share certificate is of 2010. Is it valid share certificate form?
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Share premium and share application money