What are the rates of depreciation as per Companies Act,1956? Please mention applicable Section of the said Act.

My clients need to sub-divide the existing share of Rs. 10 to Rs. 1 each and subsequently increase the authorised share capital from Rs. 5,00,000 to 50,00,000.

EGM has been conducted and all the resolutions are passed accordingly. MOA has been altered and NO alteration in AOA is required. No spl resolution therefore form 23 not required.

Now my query is, for conducting above special business we need to file Form 5 twice, first for subdivision and second for increase in capital.

Query 1) SHOULD WE FILE BOTH THE FORMS SIMULTANEOUSLY or ONE BY ONE (First for Sub-division and after the First is approved then Second)?

Query 2) While filing Form 5 for the sub-division, we need to attach the altered MOA for changes in capial clause. But now the MOA's Capital clause contains Authorised Capital of Rs 50,00,000 divided into 50,00,000 equity shares of Rs. 1/- each.
How will it justify?

Pls let me know the solution asap.

CA Bhavya.

Respected Experts
While I am uploading DSC for Registration under MCA21 the tab sellect certificate - when I am clicking there broaser is not comming wherefrom I can upload DSC - so now what to do
Thanks
Debashis Mandal

DEAR ALL!!!!

Kindly advice -

Company A Ltd having paid up share capital of Rs. 5 lacs is presently having 7 shareholder.

The company wants to allot further shares through private placement amounting Rs. 11 crores.

Can it allot 10 crore shares to a closely held private ltd co.?
Does it attracts holding subsidiary concept contained in sec 4 of the Companies Act 1956 ?

DEAR ALL!!!!

Kindly advice -

Company A Ltd having paid up share capital of Rs.5 lacs is presently having 7 shareholder.

The company wants to allot further shares through private placement amounting Rs. 11 crores.

Can it allot 10 crore shares to a closely held private ltd co.?
Does it attracts holding subsidiary concept contained in sec 4 of the Companies Act 1956 ?

Is it compulsory to maintain the Fixed Asset register as per The Company Act, 1956. Does the format prescribed, whether it is compulsory to follow the format?

how to write main object of a company which intends to impart computer education as well as information technology solutions

can pub ltd. co. take unsecured loan from members or directors???? what willbe difference if pvt. ltd. take unsecured loan frm members or directors???


What is status in which when loan taken from members or directors company status is pvt. ltd. then after converted into pub .ltd.????
& deposit rules 1975 says
(ix)
any amount received by a private company from a person who, at the time of the receipt of the amount, was a director, relative of director or member: Provided that the director or member, as the case may be, from whom money is received, furnishes to the company at the time of giving the money, a declaration in writing to the effect that the amount is not being given out of funds acquired by him by borrowing or accepting from others;
In above 2 situation how co. law affects what is remedy if there are non compliance????

1. Where to pay filing fee for Form 18?
2. Is it sufficient filing Form 18 for changing address or Co will receive any letter from ROC
3. Do Co have to change its MOA & AOA for address clause
4. OTher registration like PAN TAN will also have to change?

Thank u in advance

Dear Expert

ROC fees (filing of form 1 , MOA and AOA) is compulsory to be paid through online or it can be paid through challan in bank?