Kavitha
09 January 2010 at 11:40

Acceptance of Deposits from Director

Can a public unlisted company accept deposits from its managing director? and if it can then what all are the requirements to be complied with under the companies act 1956? Please help


Ca Subhash Kumar

Hi,

can any one send me main object of Travels & Tour Co.?

Ca Subhash Singh
casubhash.singh @ gmail.com


susheel

dear all..

back ground:
one company we audit was a deemed public(otherwise a private company) by virtue of the erst while section 43A(25% shareholding by a public company)now after the amendment, it dint inform the ROC about its intention to convert into a private company,however it operated as a private company.

My query:
1) can the company assume the status of a private company and continue to operate as one?
2) is the reconversion into a private company deemed?
3) what are the consequences if otherwise.

i would appreciate your prompt response as i suspect non-compliance with the provisions of the companies act if it is a public company.. thank you.


Hasmukh Nakarani
08 January 2010 at 17:43

case related to PVT LTD Company

suppose in XYZ pvt Ltd there are two Directors A & B.
A is holding 98000 Equity shares and B is holding 2000 Prefrence shares.
A is C.A. having COP and desires to resign from the Directorship and want to act as an Auditor of XYZ pvt ltd.
C is appointed as director of the same company for meeting minimum requirement of director.
What procedure should be followed for appointing A as an Auditor and what is to be done of shares held by him.?

Please explain in detail procedure and requirement of form?


Abhishek kumar agarwal
08 January 2010 at 14:56

Share Certificate

Hello Everyone...

The name of my company has been changed and now we need to issue fresh certificate. Please tell me the date to be printed on the Share Certificate.

i.e the date of name change of comapny or the date of share allottment in the Old name of the company.

Regards,
Abhishek Agarwal


CA Atul Singhal

Pls tell:
Which are the files to be attached with Form-1?
Can scan copies of AOA, MOA, POA and form-1 be in black and white or it should be in colour?
What should be the resolution of scans in dpi?
Should the scans of POA be of both side of stamp paper?
Should all 5 pages of form-1 be scanned or scan of stamp paper on which form-1 is printed is enough?

What is the maximum size of Form-1 so that it can be filed?
what can be the solutions if after attaching all files with Form-1 exceeds maximum limit allowed?

Pls also tell how to resubmit form-1?

Thanks in advance


Hasmukh Nakarani
08 January 2010 at 11:44

Appointment of Auditor

What is the procedure for appointing auditor in existing Pvt Ltd company?

And which Forms required for that?



Anonymous

I m working in a Pub co. having paid up cap less than 5 cr. plz tell me the procedure of appointment of a MD in pub co and which documents, forms and resolutions are required to file with ROC. Plz explain me the whole procedure.

thnx a lot


Vignesh
07 January 2010 at 17:02

Sec.149 - CA Act, 1956

Dear Sir,

1. Can a Private Company commence a business mentioned in the Other Objects (in MOA) of the Company without passing a special resoltion?

2. Can a Private Company (A Properties Pvt. Ltd) commence the business of Tea Cultivation (mentioned in its other objetcs of MOA) as a (80% revenue generation) without changing its name?

Kindly clarify, Sir.

Regards,

Vignesh J


sunil
07 January 2010 at 14:09

roc return not filed

A Pvt. Ltd.company was incorporated in 2005-06 but no activity was done in that company even no bank account was opened.

Directors have not filed any ROC or Income Tax Return.

But Now we received a notice u/s. 159/160/166/210 and 220 of companies act.

what should we do






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