Jitendra Kumar
11 November 2010 at 20:39

Company Name

Is mandatory that a Private Limited Company should mention 'Private Limited' as the last word ?

Can a Private Limited Company mention as last name as only Limited ?


Sumitr

I want to ask if a partnership firm become a share holder of Private Limited Company.if YES tell me the modalities of issue and transfer of shares and if NO then the reasons thereof.


CS Ashish Jain
11 November 2010 at 16:47

Rate of Stamp Duty on transfer of shares

Can anyone tell me the rate of stamp duty applicable in the state of Madhya Pradesh on the Share Transfer Deed (Form-7B) and on Share Certificate.


YOGESH GUPTA
11 November 2010 at 16:04

Correction in audited balance sheet



Balance sheet of our company for financial year 2008-09 have been sign by our auditor. but we have not filed the same to ROC. Now we observed that there are some errors in balance sheet which are clerical type of errors. Like we increase the authorised capital of the company but by mistake not mentioned in the BS. due to this it looks paid up capital is more than authoriesed capital. there are some calculation errors as well.

Pls provide the way out to rectify these mistakes in bs so that we can file the same to ROC and also auditors signed the corrected bs as well
REgards

Yogesh gupta



Anonymous
11 November 2010 at 15:31

a share broking co.

Suppose a company namly XYZ doing business as share broking, and company have only two share holder having ratio 90:10, can one share holder sale or transfer his share to other person , since co has main business as share broking . kindly answer and also give the sections of the act


vishwas
11 November 2010 at 15:07

Authority to appoint joint auditor

Can a company appoint joint auditors during mid of the financial year. Moreover, who has authority to appoint the same i.e. whether BOD can appoint the joint auditor or only members in general meeting can appoint the joint auditor?
Please quote the relevant section or case laws.


RAVI KARIA

Dear Friends

Happy Diwali

Kindly suggest
Can a Company cancel its earlier Ordinary resolution passed for increasing Authroised Share Capital.

can we modify the said resoluiton by reducing the authorised share capital



Anonymous
11 November 2010 at 13:21

Directorship in maxim companies

Dear Experts,

Pls guide me, in how many companies an indivitual can act as Director.

Pls site the relevant sections of the Companies Act 1956.

Regards,



Anonymous
11 November 2010 at 12:57

Attachment to form 23AC

Dear Sir,

We want to view Balance Sheet and Profit & Loss Account attached in PDF format of a Private Limited Company.

In the portal after paying the requisite fee we tried a lot, but could not find pdf attachments while form 23AC is reflected only.

Please guide us so that we could see the following :-
1. Balance Sheet Attached with form 23AC in pdf format &
2. Form 23ACA along with pdf attachment of P&L of a Private Limited Company

Thanking you in anticipation.

Best Regards,


Mitesh Darji


In connection with the above sited subject, I would like to draw your kind attention on my query mentioned below:

I am engaged in incorporating a Company in India (say “Company C”) which is going to be subsidiary of another Foreign Company incorporated outside India (say “Company B”) which in turn is the subsidiary of another Foreign Company (say “Company A”). The proposed Company C is to be incorporated with the name which contains a word that is the registered trademark and a part of the name of Company A.

My query is do I need to obtain the No objection Certificate (NoC) from Company A, and if so, would the NOC in the form of a letter suffice or does it necessarily have to be a board resolution?

Learned members are requested to consider the above query and solicit their views on the same.

Thanks & Regards,
Mitesh Darji






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