Pls, clairify provision about DIN

Prakash

Dear sir,

I have query regarding Application money refundable and interest payable on deposit which remains unpaid for more than 7 years. In one of the company in which I am auditing having two account. 1. Unclaimed Application Money 2. Interest payable on Deposit pending information.

In first account i.e. Application money, the contension of the company is that they did not get information from Central Bank regarding payment they made to the investor. So they did not change the balance after last confirmation. Around 8 lacs Rupees lying in that account. Further

For 2nd account, they informed me that only 23000 remains payable and we will pay if liability arises. But it is payable from 1993-94.

I am not comfortable with the companies explanation regarding this. According to me, both amount has to be transfeered to the Investor Protection Fund.

Please suggest your opinion.

Regards,

Jigar

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Thanks & Regards

Requested you please guide me on below mentioned query.

If a Ltd. company has some loan from bank which is secure by the director property (as a guarantor of the said loan) will be classified as secure loan or it will be treated as unsecured loan for company to show the figure in Balance sheet. Please put your suggestion keeping in mind Company act requirement

Regards,
CA Akalesh S Rawat

Please send me details regarding Which register to be maintained by pvt. ltd. co. ie. minutes book , etc

please do the need ful

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?