Maqbulhusen Malaiwala
03 January 2011 at 10:50

DIN-3 of Newly Formed Company

Can a Newly Fromed Company has to file DIN-3? What is the time limit for the same?


Vardharajan
03 January 2011 at 10:09

eligibity of partnership firm as member

A partnership firm cannot become a member in a company.It can be a member in a sec 25 company?? Wat is objective behind this ???


S.Jegadeesan
02 January 2011 at 16:30

Director's Response

I wish to clarify one thing about Director's Responsibility in the Company.i.e. M/s.JSK Pvt Ltd was incorporated in 2009 with 3 Directors.Further it has obtained a Loan from one of the relatives of the directors for Rs.10 Lakh.The Loan agreement was signed by the Mr.Guna one of the Director & the Lendor. Subsequently Mr.Guna was dead & the lender has asked the remaining director to settle the Loan personally.Whether it is valid under the Companies Act 1956 & any other act?
Further the Lender has deposited (but it was dishonored by the banker due to insufficient funds) the PDC in his bank even he knows the Death of Mr.Guna ? Is it legally affect the remaning director?

Regards,
S.jegadeesan.


Tax Payer
02 January 2011 at 14:34

Limit on Director's Remuneration....

Is there any limit for the remuneration of directors of a pvt co.? I am the director of a pvt ltd co. The Co.s profit before my remuneration is Rs.5,00,000/-. I demanded a remuneration package of Rs.6,00,000/-p.a. But my legal solicitor rejected it saying that my remuneration will lead to a loss picture not acceptable by IT Act and also that a ceiling has been fixed by the Co.s Act. I also came to know from my friends that this limit is not applicable for a pvt ltd co. Can anyone clarify me that whether i could draw excess remuneration than the profits? Whether this will be accepted by IT authorities and MCA authorities?



Anonymous
01 January 2011 at 15:16

No. of Share Holder

Dear Sir,
Is there any limit for minimum & maximum no. of Share Holders.
Can single Share holder be there in any Pvt Ltd. Co?



Anonymous
01 January 2011 at 13:11

delay in filing of form 17

Dear All

my client had applied for winding up under Easy exit scheme, we were informed that there is a charge which my client's banker had created in 1998 which was satisfied in 2002 but form 17 was not filed & the client was ignorant about it,now, the client approached the banker for the letter of satisfaction but the banker doesnot have any details about the exact date of satifaction as they do not have such older records. I want to know :

a) that in such a case how can we file form 17 without the exact satisfaction date

b) if we get the date of satisfaction made in 2002, should we file for condonation of delay with CLB.

awaiting for the early response, thank you.



Anonymous
01 January 2011 at 11:53

Procedure for change in address in DIN

Dear Sir,
Please provide me procedure of Change of Address in DIN.
Regards



Anonymous
01 January 2011 at 01:13

Subsidiary Company

A public limited company want to have a new company as Subsidiary. What all exemptions & benefits the parent earn by having a subsidiary. If no benefit of a subsidiary then will it be legally beneficial to set up a new company with same MD & Directors?


jagdish

it is mendetory for the company to maintain books of accounts before it come in to existaance? if yes what is the treatment of expenses incurred by the promotors?



Anonymous
31 December 2010 at 15:26

E.P.F.

How E.P.F. calculate on salary.

Please tell me Brifly.

& Mention all PErcent below a/c no.

E.P.F A/c no. - 1
E.P.F A/c no. - 2
E.P.F A/c no. - 10
E.P.F A/c no. - 21
E.P.F A/c no. - 22






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