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CA. Nitin Agrawal

One of the Pvt Limited Co. fade up with the services of existing auditor & wish to appoint another auditor in his place for the FY 2010-11

Query regarding this:

1.What is the procedure to appoint another auditor in place of existing auditor??
(considering that in real no AGM held of the co. after oct. 2009 & existing auditor may given his name as auditor appointed for FY 2010-11 in ROC)

2. Can a new auditor be appointed for the FY 2010-11??

Please suggest

thanks for the valuable advice & suggestion


Sumit Khandelwal
13 March 2011 at 18:44

One sign on Annual Return

Only one director signs on annual return and submit it.He also don't attach the clarification for not present of other directors..

Does the content of annual return can be cancelled in this type of annual return?
I mean this kind of annual return with 1 sign and without clarification , is valid or not.

Please reply,


Sumit Khandelwal
13 March 2011 at 18:16

Share Valuation

Sir,

I want to purchase the share of X Pvt Ltd Company which is already passing through bad phase.
Share value of the company is 10 and share capital is 1 crore. I want to buy this in 1rs only.

What's the proper way for this? Who should do value either auditor or CLB?

Please reply,

Regards,

Mr.Sumit Khandelwal


Sumit Khandelwal
13 March 2011 at 17:51

Annual Return without sign

Sir,

In a private limited company , annual returns are submitted without any sign of any directors. In this case all the transaction of share transfer mention in those annual return can be cancelled?

Please reply,

Mr. Sumit Khandelwal



Anonymous

dear experts,
Please guide me for making of compliances of issue of new shares of private company.

fact of case:

co: pvt ltd

authosied sh cap: Rs 100000

issued cap: (already issued) rs 100000

proposal: issue new 5% (500 in nos.) shares for50 lacs ASAP

ReQUIRED: compleate Process/ procedure .

Please reply,

best regard ,
Ashutosh


Sumit Khandelwal
12 March 2011 at 23:02

Annual Return

Is it necessary that annual return should be signed and submitted by at least any of two directors of private limited company?
What if we submit only with one director's sign ?


Guest

Dear friends / experts,

please see my query as follows :

ABC ltd has a WTD.

Query

1. Whether there is any restriction for
the period of appointment (say tenure is more than 5 years).

Ans : ..............

(Somewhere, I noticed that there is no restriction of tenure for WTD. Is it so)

2. Whether there is any restriction for
the payment of remuneration (say tenure more than 3 years).

Ans : ..............

3. How do we fill in Form 25C - whether payment details for the range of 3 years only or 5 years.

Ans : ..............

I shall wait for your views.


pradnya

I have submitted Form 1A for name approval(Investment company-private ltd) but it is rejected saying that
1.required authorised capital should be 2 crore & not 1 Lac,
also
2. significance of the key word not mentioned

Will anybody please suggest me proper guidelines which can help me to resubmit the form?
Thanks in advance!



Anonymous
12 March 2011 at 15:15

SECTION 25 COMPANY

IS Rs 5lacs authorised capital limit is mandatory for public company in section 25 companies and Rs 1 lacs authorised capital limit is mandatory for private companies . pls tell me urgent


Devangi Shah
12 March 2011 at 14:14

MOA draft

Can anyone provide me a draft MOA for a company which wants to sell alcohol and act as licensed stockiest for alcohol.

but no manufacturing of alcohol






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