A private limited company invested some money in a proprietorship firm.Income of the company from this investment in form of interest is more than income from normal operation of the company.Is there any provision in the companies act or In It act against this view.

dear expert
my question is, can a pvt company removed its director without his consent if yes in which situation.?if a pvt company removed any director without his consent,and appoint other person in his place, is this act is valid.?
if yes what necessary measures are required after dis removal?

can any one provide me the formet of limited review report of a banking and non banking finance company.
also i want to know, is there is any difference between limited review report submitted by listed company other then banking company and limited review report submitted by banking company and NBFC?

thanking you

Dear Experts,

we are mfg of dyes in powder form. While selling to customer we use spl kind of bags.

Whether we need to consider the cost of these bags as packaging exp in calculating Gross Profit?

Waiting for your reply

Thanks in advance.

Regards,
Sushil.

Dear All,


A private company have US citizen as Director, who is also owner of LLC based in US. The company have service agreement with LLC and paid 550k USD for services availed as per contract. Does this transaction attract section 314.??

Kindly clarify.

Can the companies minutes be typed and pasted in loose sheets OR they are to be specifically handwritten.
Kindly also provide a checklist for the same.

Hi all

Is it mandatory to give a mention of section 58A in Directors Rport of an unlisted company, section 217 does not support mandatory mention of the same.
we have no deposits of any type and is a pvt. ltd. co.

kindly support your answer quoting sections,

thanx

If a pvt. company converts into a Public co. and then accept Public Deposit as per 58A, what will be status of existing unsecured loans from directors and Directors relativs? Is unsecured loan existing above will addition from limit of 58A or will include in the limit of 25% of paid up capital and Free Reserves?

Hello!

Company has accepted deposits from employees in connections with terms of employment/ contract of service.But has not followed the provisions of Sec 417 of the act.What are the consequences, if not followed and as an auditor of the company ,where to mention this in his audit report.Pls guide

Thanks

Dear Sir,
Kindly confirm me that i want to start a Proprietorship and also want to register its name. can i do so if yes so how?