What is the correct procedure to be followed for annual filing of a company?Whether it is possible that financial statements are adopted and audit report are signed on the same date?
Can the directors be held responsible for non compliance of CARO ?
If yes, how ?
What is the liability of directors for non compliance of accounting standards ?
How will the advances paid to director treated ?
Is there any way we can advice an accounting treatment in which the directors can withdraw money from the company without showing it as a loan ?
What is the limit to remuneration of directors ?
How are the personal expenses of directors borne by the company dealt ?
Can any one guide me for Compliances to be followed at the time of raising share application money and also what are the provisions relating to it after raising that money. Please provide also the source
In a public ltd. co., there are 5 directors and one managing director. All the documents are signed by director A. One director B resinged and I filed form 32 with digital signature of the director A. On uploading, the MCA portal is showing an error " Signature validation failed for the field of director. The person is not authorised to sign on this field."
Please tell what to do.
Who should sign on this form or any other solution of the problem.
Please ans as soon as possible as it is very urgent.
Dear Sir/Madam,
Is it possible to transfer shares of Pvt. Co. to an outsider? i.e. a person(s) who are not connected in any ways with the Directors or the members of the company.
Moreover in general practice we take an application from the proposed transferor for transfer of share in the name of the transferee and then we pass an resolution approving the transfer.
And subsequent share transfer deed is executed on paying the appropriate stamp duty.
The above is with ref. to a Private Co.
Sir, My question is w.r.t. the above procedure folowed by us is :
-is it legally correct ?
- does it give effect to a valid transfer?
or if no, pls suggest me a valid and correct transfer procedure.
Thanks & regards
Aditya
Q 1 . CAN SHARES BE ALLOTED TO ONLY ONE DIRECTOR IF THE COMPANY WANTS TO RAISE THE FURTHER CAPITAL , OR THE SHARES HAVE TO BE ALLOTTED ON PROPORTIONATE BASIS TO ALL THE DIRTECTORS
Q 2 . CAN SHARES BE ALLOTED TO ONE DIRECTOR FOR THE SERVICES RENDERED TO THE COMPANY ie OTHER THAN CASH
with reference to my earlier mail....please provide me the board resolutions details for rights issue.....
i want to knw the format or specimen of board resolution of rights issue of listed companies....
I want to change the name of my private limited company as there is another co with the same name.
So I filed form 1A alongwith the copy of the name change resolution. But unfortunately the 2nd page of the resolution containing the signatures was not uploaded by mistake.
Now I got a email which says resubmission required and listed the causes as
"to add suitable prefix and copy of board resolution is unsigned"
I can understand the part about the resolution being unsigned but what is this "to add suitable prefix"????Can anyone please expain this "suitable prefix" part to me??
And also Do I need to sign the copy of the resolution physically and upload the scanned copy???
Any help regarding will be highly appreciated.
Is Munish Bhandari's book for Corporate Law(final new syllabus)for 2010 may exam available in the market ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
annual filing