It is required that Price of shares should be determined according to the valuation report of the valuer. if the price is higher according to valuation report and company don't want issue shares at that price. is it possible that company can issue shares at minimum price which is determined in valuation report ??

Dear Sir,

Our Company is not having any sales turnover from F.Y. 13-14 and Company has stopped its Activity from F.Y. 13-14. However, Before that period the Profit before tax earned by the Company was more than Rs. 5 Crores. In this situation whether CSR Provisions are applicable for the Financial Year 2014-15 ,F.Y. 2015-16 and F.Y. 16-17 ?

A public sector undertaking intends to change signitories for operating its Deposit account in the bank. Does it need to pass a resolution in this behalf in a board meeting or MD has the power to change the signitories at his will.

Kindly let me know the complete process along with forms required to be filed for condonation of delay in satisfaction of charge. Please also share the format of petition as per the companies Act, 2013.

what is the best time to incorporate a private limited company.... please help...

Please explain the meaning of "non-cash transactions" in Section 192 of Companies Act 2013 with some examples.

Hi,

According to the law, all companies listed on regional excahnges have been transferred to dissemination board. Now they have to provide exit to shareholders or list on the national exchanges.
My Query is that our company is a sick company declared by BIFR. It is non operational and banks have taken over the plant and machinery.
Now, since its a sick company, net worth is negative. So, no value can be given to shareholders.
So what should be our next step. What is the legal status in this case.
THe company does not have funds to pay for all the expenses which is in the range of 5-10 lakhs rupees.

regards,

REGARDING ADT-1 FILLING,

IF OLD PARTNER OF AUDIT FIRM WHO SIGNING THE BALANCESHEET PREVIOUSLY IS CHANGING AND NEW PARTNER SAME FIRM IS SIGNING BALANCE SHEET. SO MY QUERY IS IT IS REQUIRED TO FILE ADT -1 WITH DETAILS OF NEW AUDITOR.

A private Company is in the process of winding -up. A very small capital with only two Directors. Since the business id not viable and has losses the decision is taken to close the company.
The company has some physical shares not listed on any stock exchange and intends to sell them. The value is very small. I order not to delay the process one of the Directors has come forward to buy the shares and facilitate the process of winding up.

I want to know:

What type of a Board Resolution to be passed for this purpose. The Board Resolution has to be sent to the company for transfer of these shares.

Help me with the Resolution.
Thanking you.
A S

Dear Experts,

I have a query which is as follows :-

A company having a registered office in Mumbai wants to change its registered office to Kolkata. In this respect :-

1) What are the following eforms that are required to be filed as per Companies Act 2013?
2) Whether it is necessary to appear before the local ROC of Mumbai for the change of registered office to Kolkata?
3) Whether it is necessary to appear before the ROC of Kolkata where the registered office is about to be changed to?
4) What are the necessary documents required for the process?
5) How much time will it take for the entire process?

Please explain the ENTIRE PROCESS.

Thanks