Dear sir,

My company is a pvt. ltd. company its AGM held on 29.09.2008. But we have not submitted form 23AC & Form 20B in ROC till date for the f.y. 2007-08. Our authorised share capital Rs. 25 Lacs. What would be the penalty for late e-filling in ROC.

Regards,
Lalit

Dear sir,

My company is a pvt. ltd. company its AGM held on 29.09.2008. But we have not submitted form 23AC & Form 20B in ROC till date for the f.y. 2007-08. Our authorised share capital Rs. 25 Lacs. What would be the penalty for late e-filling in ROC.

Regards,
Lalit

Pls solve my query urgently.............
when a company called to have acquired the controlling interest in another co.,
I've seen Section 4 of the companies act, 1956 but still have a doubt, with regards to 51%, of what? that whether it is just 51% of paid up share capital or authorised share or subscribed share capital?
Or whether it is 51% of equity share capital
Or 51% sum of paid equity + Prefe. share capital
Or 51% of paid equity +pref.share capital+debentures?
pls reply as per the prov. of the act.

Dear All,

I would like to know about one aspect of Company and its Share Capital-

1.If X is a private Ltd. Company and it is a service oriented company. They have share application money from relative party i.e their headquarters which is fund provider and the director himself. Now still the company has not alloted shares, so what is the liberty this company has in this respect ?

2.Company is also routing the transactions other than share application money from relative party's a/c in their books in the same account as headquarters is spending some funds for company's activities. Is it legitimate to do so?

There are two companies ;Company-1. an established pvt. mfg. company having a business potential of 30-35 crore ( having production capacity to double) and assets value of Rs,10-15 core. Company-2. is a newly formed ltd. compny in business is less then two year and turnover is around 5-6 crore. Is it correct to make the company-1 to subsidiary of company-2( which is a ltd. company).
Can any one suggest me a correct answer! if not what best thing can be done in view of a public issue in future?

Recentely I have joined in an organisation, there is no documentary evidence of minutes of various meetings i.e. Board and AGM since its formation in 1993. What should I Do to make the system update? What is the period limit for keeping the minutes? Can any body update me in the matter.
Santosh

hello
Can u tell me the relevent section pl????
It means our client can operate bank account for capital as well as working cap expenditure provided there are no foreign investors.. am i correct????
pl reply ...

Regards
Sangita

For some reason a businessman fails to furnish report as is required by U/S 44AB. What is the Min and Max Penalty charge by Assessing Officer?

For change in Company name of a Private Limited Company, we have submitted Form 1A & proposed name available -as per email from ROC. Now new name is automaticaly effective or still there is any other forms/ procedures to be completed ? Central govt approval & special resolution, for change in company name, are applicable to private limited company as well ?

Hi frnz,
dis is regarding Commencement Of Business Certificate (COC). One of our client's bank account has been credited with share application money. They have one query that whether they can use the share application money for capital exp like purchasing AC, fRIDGE etc etc. They have not yet received COC. Its still in process.. can u pl comment upon this doubt????????
Waiting for a reply...

Regards
Sangita