AJAY SINGH
29 August 2017 at 12:29

Format of financial statement

Format of Financial Statement of the company incorporate under the companies Act,2013 having principle activity of generation of Power through renewable sources or energy.
as Per Schedule-III or as per Electricity Act


AJAY SINGH
28 August 2017 at 17:29

Applicability of cash flow statement

Can a private limited company having paid up share capital is required to prepare Cash Flow Statement.


Neha Gupta

What will be the date of First AGM if a company incorporated on 15/02/2013 as the Date of closing of the first financial year - 31.03.2014?

Which Companies Act will be applicable 1956 or 2013 in the above case??

And how the first Auditor be appointed in the above case and in what time??

Please guide me on the above asap.


Rishabh Raj Chauhan

Dear all, what is the procedure for conversion of partly paid up shares into fully paid up shares of private company what would be the effect of that conversion in the share cerytificates? If any one aware about any provision, please share. Thank you.


Sushant Panigrahi
19 August 2017 at 16:03

Diaqualification of director

Mr D is a director in 3 different company A, B, C Company C does not file it's annual return for the last 4 years Does this account to disqualification of Mr. d in company A and B. too.



Anonymous
18 August 2017 at 13:29

Object change

Can we altogether change the object of a Company like from textile to accounting business by deleting all the objects relating to textile. What all we have to do? Also, need to change the name of the company or only objects need to be changed?

Thanks.


CS Premjith

Section 161(3) provides that "Subject to the articles of a company, the Board may appoint any person as a director nominated by any institution in pursuance of the provisions of any law for the time being in force or of any agreement or by the Central Government or the State Government by virtue of its shareholding in a Government company."

Query: The Articles of Association of a private limited company does not have any clause regarding the appointment of NOMINEE Directors. However, there are no restrictions in the AoA regarding such appointments. The sub section starts with a condition that " Subject to the articles of a company, the Board may......".

Does this mean that the company should first alter its AoA and add an enabling provision in it to appoint a NOMINEE director?

ANY interpretations in this regard?


saurabh
15 August 2017 at 22:31

Removal of a shareholder

Dear Experts,

One of my clients private limited has offered share to employee as right issue on a certain value . there was formal agreement for the same. he had taken the loan from company and bought the shares . We have filed PAS-3 for all shareholders. After few months he left the company and did not repaid the loan amount due to him. he however signed a note that if he he fails to repay the loan in 1 year his shares should be forfeited.He has not made any payment for last 1 year . Is it possible to remove him. we expect no co-operation from him if we transfer his shares.
What options we have to remove/terminate/transfer his shares from the company.


Devendra Sujane
15 August 2017 at 02:28

Difference

Roc vs mca.


Vikas
11 August 2017 at 19:57

Agreement with related party by company

Dear Expert,
Please guide me whether the pvt. ltd. company can enter into the contract/agreement with related party for leasing/renting of shops for the purpose of company office for the consideration other than cash.





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