I have wrongly combined the consultancy fees income along with interest income and filled in the Form 23ACA in 'Other Income' Field in the FY 2007-08.


Now, shall I correct in Form 23ACA to be filed for FY 2008-09 by appropriately filling the consultancy fees and interest income in the respective fields meant for previous FY 2007-08.

OR

Should I maintain the mistake (which was done in previous year filing) while filling the form for the current year ?

Await experts' advise / views / suggestions.

ABC Private Limited availed loan from the following on various dates :

1. Reliance Capital. (Secured Loan by charge of a land belongs to the company).

2. Kotak Mahindra. (Secured Loan by hypothecation of vehicles).

3. ICICI Bank. (Secured Loan by hypothecation of vehicles).

My Query :

Whether Form 8 is to be filed for the
Secured Loans availed by the company.

Await experts' advise on the above query.

One of my client Company has contract u/s 297. Now the paid up capital of the Co. is increased from 1.00 Crore. Pls guide me whether Central Government Approval is also required for runing contracts or we will take the approval at the time of renewal of contract or entering into new contract after that.

CA Abhishek Maheshwari

Hi All,

pls. tell me.

What is extra ordinary meeting of the shareholders?
Is it different form the normal meeting of the board of the directors.


Thanks in advance

Dear Sirs,

In Sec.621A(3)(b) - Compounded offences are to intimated to ROC Office within 7 days of compounding.

1. Is this intimation to be made in eForm 21? Or thru, some other way?

Kindly clarify.

Regards,
Vignesh J

Is it compulsory to maintain fixed asset register physically? Soft copy of fixed asset register is ok?

One of the Existing company is planning to change its name and object clause, what are the procedures that we should follow first, filing Form 1A and Form 23, which one is to be filed first?? What are the procedures?? Pls help??

Do we have to get the approval of members again in EGM, if the figures of balance sheet have been modified? The previously approved balance sheet is already been filed. so what to do? Is it mandatory to take approval of memeberes before filing the new balance sheet with ROC. if yes under which section?

Reply,

Thanking you in advance.

Is there any time limit mentioned under the company law to depsoit the amount of equity share capital(subscribed in the MOA)in the bank account of the newly incorporated company?

Can you please provide a sample board resolution/ minutes, where the board discussed only about general business affairs and sales related meeting (the company has not started its operations).