Please advice on this:
One of the shareholder of pvt company died in FY 14-15. But this fact was not know to Auditor and he prepared BS PL for FY 14-15 & 15-16. In Schedule of shareholders holding more than 5% he mentioned deceased name. On the basis of this annual filling of AOC 4 and MGT 7 for both the year filed.
What would be the possible consequences under company act on company and auditor?

whats the time limit to conduct Board meeting for passing resolution for appointment of KMP,company secretary in a private company?

One of our Private Company have two directors who are the only shareholders holding 50% shares each. One of the director is not cooperating, neither he is taking any interest in the day to day activities of the company and also is not willing to resign from the company.

Our query is how can we remove this director as per section 169-

1. As we have only one director cum shareholder left with us and the quorum for the general meeting cannot be formed.
2. Transfer of shares is also not possible in this case as section 2(68) restrict transfer of shares incase of Private company

Can we revise AOC 4 filed earlier. What's the procedure to revise it.

I have a company incorporated so I have to file the ADT-1 for auditor appointment.
I want help in filing of form ADT-1.
Like what other forms (if any) required to file the form and the documents.
While filling the form in the declaration part there is asking for company wide resolution number. So what to know what is this number.

who will bear stamp duty on share transfer of private company? and how?

Dear Expert

Procedure for issue Preference Shares by Private Limited Company.

Dear All, Can we use the same cheque for depositing in bank if once it was dishonoured due to insufficient funds in respective bank account. Or have to take new one for after clearing the problem and depositing the same. Please suggest me in this regard. Thanking you.

Dear Expert,

I have a query regarding the Gratuity Act and wanted to know if one of my colleague is eligible for the same.
He has already completed 6 years in our company and we have almost 40-50 people on our payroll. Our employer says we have not deducted any Gratuity amount from your salary, therefore employees are not eligible for Gratuity once they leave. Is there a form which we need to sign to be eligible or there has to be deductions for one to become eligible.?
Is there any way I can fight with employer to provide him Gratuity, Our salary has base components like Basic, HRA, Conveynce,medical & other and deductions are only against TAX, there is no PF or ESI from employer as well.

Please help on this query urgently....

Regards,

My basic query is related to Corporate Law paper of CA final. Instead of quoting "the companies act,2013" in each and every answer, can we start the answer sheet by mentioning that "The companies act, 2013" is herein after referred to as "The Act"? so as to save valuable time.

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