Hi,

a)Whether the loan from director of a private limited company is covered by provisions of sec 297 of the Act and need to be entered in the register maintained u/s 301 of the Act?

b) whether such loan should be reported in CARO report annexed to the Auditor's report

Kindly enlighten with expert views

regards
K S Iyer

Respected Experts ,

In one my audit i come across such a situation

A pvt ltd had received a loan from one of its 2 directors Rs.20,00,000/- on which interest was paid by the company to the director at 10% (Its a Private ltd Company) .
What are the disclosure to be made?? whether the interest is allowable??
Will sec 299 and 301 be attracted??

1) a private limited company was incorporated in 2002. None of the directors had obtained DIN sofar. What could be the additional fee if they obtain DIN now ?

2)A company has not filed DIN 3 though it was incorporated in 2005. ( and the directors had not informed their DIN to the company). Which option will be better for the company a)Receiving intimation from directors now and then file DIN - 3 or B)Let the intimation be backdated and file DIN - 3 now

Please urgent

In a private limited company, one existing director is going to retire ( there are only two members who are also directors ) and two new direcors are proposed to be appointed in place of retiring director. Please guide me as to the formalaties to be followed. (please provide me step by step procedure to be followed)

applicants name and his fathers name does not have lastnames. please clarify me whether seperate affidavits ( i.e. affidavits in two stamp papers, one for applicants last name and another for applicants father's last name ) are required or only one affidavit is enough( for both applicants and his fathers last name ) ?

Dear Sir,

I request you to pls send me Draft of MOA & AOA For Education & Tourisam.

Thanks.

Hi,

Does anyone know about Fixed deposit holders' case related to Morepan laboratories?

I am one of the deposit holders and haven't received the refund yet. I came to know that court has directed Morepan to issue equity shares but I haven't received the shares yet.

Is anyone in same boat?
Has anyone received the shares?

Thanks for sharing and guiding.

If i want to revise form 23B which is already filied with the ROC then what the the procedure to revise it.I have checked from ROC site but did not got the any form which is strictly meant for alteration.Please suggest.

a private company was incorporated in 1996.DIN-3 was not filed sofar. Now a director had retired and a new director was appointed. Whether we need to file DIN-3 and then again file form 32 or is it ok if we file only form 32 now ?

Thanks in advance

Dear Sir,

I want to know, how can I calculate the gross value of transaction with the related parties as per AS-18 (If applicable) for Filling in E-Form 23AC and 23ACA and what is difference between both Form values.

Thanks
Ashish Shrivastava
C.S.