How we can remove a subsciber to MOA, we have not filed any form 32 or DIN 3 of that company, and not allotted any shares to him actually..

can a private co. be a listed co.?

What is the procedure to become director of a public ltd co.? I m having 30% holding in a public ltd co. And current MD (whole time director) is having 51% holding in co. But he does not intend us to enter the co as management. But there are another 2 directors (who have just 2-3% holding in the co) who favor us to become director of the co. Plz advise if favor of 2 directors and oppose of the MD will decline my becoming director of the co. OR other shareholders also have to vote for me to enable me to become director of the co.

Directors are admitted what forms to be submitted to ROC and attachments (DIN 2) to be made and fee to be paid.

Is it necessary to furnish consent letter to the ROC and format thereof.

Increase in authorised share capital, what are the steps to be taken and forms to be filed with RoC.

Is it necessary to Register DIN of the newly admitted directors.

What are the procedure to be followed for creation of charge and forms to be filed to ROC.

Pl clarify.

CARO - While determining cash losses incurred during the year whether the provisions made towards the followings should be adjusted to the profit and loss a/c
- Leave encashment
- gratuity
- bonus
- income tax etc.

PLEASE ADVICE...

Hello members,

If the DIN is rejected due to the photo not been attested , what is the alternative.

1) take a print of the old din and attest it and sent it again
or
2) make a fresh application for DIN, obtain provisional DIN and then Pay the fees again and sent it

Thanks in advance

In my Company, a public limited company, a Electronic device is purchased for the factory use. It is a capital asset. It bought in 2008. But not put into use until today. Should I provide depreciation on that as per Companies Act, 1956? Further please clarify the depreciation treatment under the Income Tax Act, 1961.

Dear Experts,

I may post the following queries for your views :

Query 1

In Form 23ACA, Page 3 – Part II – 1. Proposed Dividend – Whether this represents the Equity Dividend only (as the company also has preference dividend).

Query 2

Similarly, in the Balance Sheet Abstract,
Item No.IV. Performance of Company – Dividend Rate % - Whether this represents the Equity Dividend % only.

Query 3

In the Balance Sheet Abstract, Item No.III. Application of Funds – Net Fixed Assets (NFA) :

Is it appropriate to include the amount of ‘Capital work-in-progress including capital advances’ in the field specifically given for NFA (in the absence of field for the Capital work...............) ?

or

Shall we create a separate field for ‘Capital work-in-progress including capital advances’ next to NFA and mention the amount here so that the relevant Heads Expenditure may not be disturbed ?

I shall wait for your views.

Ours is a private limited company. The company has no business activities from July of 2009. It has no assets nor any liabilities. There is no prospect of the company reviving its business activities. Can we avail of the Easy Exit Scheme 2010 for closing down the company.
S. Krishnamoorthy

Can some one guide me on formation of new private limited company for BPO industry?
Can also guide on statutory compliances requirement after being private limited company under various laws like PF, Labour Laws, Direct Tax and Indirect Tax and other act which are directly applicable to Company.