A private limited co. has collected amount from its share holders as share application money and it is yet to be alloted for to shareholders. It shown as share advance in the B/s for three years. Now the co. has planned to allot the amount. Does the non-allotment violate the provs. of Cos. Act? Can such amount be shown as share advance in the B/s or should that amount be shown as Share Application money receieved?
1. Takeover of business which includes land, building, plant & machinery, other fixed assets, goodwill of partnership firm in which Director of A Ltd. is partner by A Ltd. and the same way of proprietorship concern.
2. Purchase of Brand name registered in the name of Director of A Ltd. by A Ltd.
Applicability of section 297 of the Companies Act
can all directors of a private limited company to be incorporated be NRI's. then how bout the MOA, and AOA as well as DIN appl procedure for NRI, kindly suggest
Dear Experts,
What are the requirement for a Private Limited Company under Companies Act registered in Maharashtra State.
A list of Returns/ Registers and other records to be kept will be highly appreciated.
Thanks & Regards
shorter notice is allowed if consent of ALL members is obtained, but how it is practically possible?
what is the difference between Under Certificate of Posting (UCP) and Registered post/speed post.
A compamy has cumulative preference share capital of Rs. 2 crore. for the year ending 07, 08 the company doesn't had profits to pay the dividend but during the year 08-09 it paid the dividend for the years ending 07, 08 out of the profits of the year 08-09. After paying the dividend of earlier years it doesn't have enough profits to pay dividend of the year 08-09 but the company has enough bank deposits. Is it possile to pay dividend in advance even though the company doesn't have enough profits
A Private Limited is in the business of medical & allied sciences.
The company has earned income in the form of CLINICAL TRIAL FEES.
Whether this income should be put under 'Domestic Turnover - (iii) Sale or supply of services or
Simply, mention as 'Other Income' - I feel this may not be appropriate.
The appropriate one may be 'Supply of Services'.
Can the experts confirm my understanding to enable me proceed on the matter ?
Can a company registered under sec 25 take loans from directors and if yes to what extent?
Sir,
Recently we have been appointed as a statutory auditor of a pvt ltd company.
We have filled the casual vacancy because previous auditor has resigned.
I want to know is there any form needs to be filed with roc by the company for egm(i.e.the meeting in which auditor is appointed)
I also want the format of intimation letter for appointmnet of auditor in case filling of casual vacancy
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Share Advance in B/s