Upto what time, (1) shares money should be received by subscribors of MOA ?
(2)time limit of shares allotment
(3) time limit of issue of share certificate
(4)any time limit of first board meeting
(5)Can share money received by cash
(6) Form 23b should be fiiled in case of first auditor

Kindly explain the procedure to change the registered office of a newly pvt. co. from delhi to gurgaon.

What is difference between excutive and non executive director of a Pvt. Ltd ?

In a newly Pvt. co. there are 3 directors( one excutive and others 2 non executive at the time of filling of
Form 32 with incorporation), now one excutive director want to resign, in such case, what will be status of other 2 non excutive directors ?

X is holding co in foreing country and Y is a Wholly Owned Subsidiary of X which is incorporation in India.

Z is a holding company of X situated in another foreign country.

X is dissolved and the shares in Y are transferred to Z.

Both are Non Residents and the transfer happens. What is the procedure to be complied with RBI.

No inflow into india hence no permission required right?

Try to send me a NOTE on the process immediately.

A company X (Private Limited)has failed to hold 1st AGM within 18 months from the date of Incorporation and considerable amount of time has ellapsed. Now the company wishes to hold its 1st AGM.

Is There any other alternative then paying Penality?

Please provide suggestion in detail about Section 166, 167 and other applicable provisions of the companies Act, 1956

One of the director out of 3 wants to resign from Pvt. ltd.( Paid up 1 lacs) he has not given the any money for subscribtion of shares in MOA.

New Person want to entered as director with equal shares.

What is the procedure for above situations ?

Is it require to file Form 32 in physicaly after s efilling with mca ?

Whether it is allowed by the companies to provide the depreceation as per Income Tax Act.

I note that there are no restrictions on payment of remuneration to a Director of a Private Limited company.

1. Can the remuneration be structured in to basic pay, HRA, Dearness Allowance etc. so that he can avail of HRA exemption by submitting Rent Receipt to the company for the rent actually paid by him for the residential accommodation?

2. Also if he could also be provided facility for medical reimbursement upto Rs.15000/- per annum and reimbursement for Petrol, maintenance of car, insurance renewal of premium on car? It is understood that the company will pay Fringe Benefit Tax on the reimbursement

If so if you could you suggest text of the Board Resoluation to be passed in this regard?

Thanks and regards

A Cost Accountant join 15th June, 08 and his acceptance of appointment is come on 30th July, 08, Company forward the all data of 07-08 on 15th Sept, 08. Cost Accountant submit report on 25th Sept, 08 to central Goverment. in that Situation can Cost Accountant is liable for the FIme of Rs. 5000 due to non compaliance of non submition of report in 180 days of closer of Financial Year.