rakesh
30 March 2009 at 14:08

proceduere

Could anybody help me for procedure to convert private limited company in to public limited company.

Please its urgent


Ankur Garg
28 March 2009 at 13:58

Suspansion of voting rights...

As provided by Section-181 through Articles we may put restrictions on voting rights of members for non-payment of call money.

Now my Articles are authorising me for the same but what i need is a sample board meeting resolution for putting such restriction. Kindly provide the same if possible...Thanks n Regards...


Rajpreet Singh
28 March 2009 at 12:13

Depreciation

Dear Sir,
A newly incorporated company acquired the entire business of a partnership firm. My question is what would be the Original cost of fixed assets in the hands of company for the purpose of charging straight line method of depreciation. What Original cost is to be stated in the Fixed Assets Register required to be maintained under the Companies Act' 1956. A have confusion about the actual cost. Is it that cost at which asset was acquired by the firm or simply the cost at which it is acquired by the company. Previously firm was charging depreciation as per Income Tax Act rates. Company acquired the fixed assets at book value ie WDV.
Please advice
Regards
CA Rajpreet Singh
+9915135627


rakesh
28 March 2009 at 10:58

proceduere

Please let me know the procedure for converting pvt. Ltd. company to public limited company.

Be breif!

Thanks in advance


CA Mukesh Mishra
27 March 2009 at 20:13

NUMBER OF DIRECTORS

SIR,

IN A LIMITED COMPANY MINIMUM NUMBER OF DIRECTORS ARE 3 WHAT ABOUT 100% SUBSIDIARY (WHICH IS PVT. LTD. CO.) OF THE SAID COMPANY.
IF THE SUBSIDIARY CO. HAVE ONLY 2 DIRECTORS THEN IT IS VALID OR NOT.


vimal
27 March 2009 at 19:18

Making Directors Permanent

In a Private Company the Directors are appointed in each AGM to hold post till the next AGM. Can these Directors be made Permanent Directors by passing an Ordinary Resolution in an EGM convened for the purpose?

If yes, resolution (or any other form) need not be filed with ROC or e-MCA since it is only an Ordinary resolution. Is it Right ?


Vikas Khandelwal
27 March 2009 at 17:42

Unsecured Loan

If a Pvt. Ltd. Co. take over a partnership firm with all assets and liabilities along with the unsecured loans, then what will be the status of such unsecured creditors, because a Pvt. Ltd. Co. can take unsecured loans only from its members while after taking over the business of partnership firm, such unsecured loan become the liabilities of the Company.
then what has to be done in that situation?


Deepak Maheshwari
27 March 2009 at 16:17

Subsidery Company

Hi All,

Just want to clear my doubts from all of you regarding subsidary company.

1. Can main company adjust their profit with subsidery.

2. If main company gives their building to subsidery for running of business so can main company charge rent from them.

Regards

Deepak


SANJAY SWAIN
27 March 2009 at 15:51

BOARD RESOLUTION

Hi

A company wants to rent the property which is being taken on rent by one of the directors.

My query what shall be the language of board resolution if the company wants to rent the property from the director.
Agreement is registered in the name of the director.Company wants to pay directly to landlord.

Regards

Sanjay


Ankur Garg

This is to share with you all:

Kindly appreciate As Balance Sheet & Profit & Loss are required to be signed in accordance with Section-215. In the board meeting which approve the balance sheet and profit & loss account we authorise directors to sign the BS & PL A/c as desired by section 215 and record the same in board minutes.

Question: Do we also need to authorise the signatories of Annual Return as required by section 161(1) through board resolution??. If Yes, what would be the date of board meeting to make such authorisation.

Since annual return contain the info as on the date of AGM. If we authorise someone to sign AR in the board meeting which approve the BS & PL A/c (Advance authorisation), then what would be your reaction.

OR since annual return is in the nature of a return only it does not require specific authorisation to sign like BS & PL A/c.
Please share your views….






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