can we utilise share premium account for issuing of bonus share, currently if company do not have equity share premium but have issued convertible preference at a premium (fully paid)
whether pref.shares need to be coverted into equity share before issue of bonus share?
Are there any guidelines for issue of bonus share by pvt.co.?

X a public ltd (holding company) purchased goods worth Rs.5 lacs from Y a subsidiary Co. Is it necessary to obtain permission from Central government u/s 297
kindly explain.

Hi,

We are planning to start a Chit fund company. any body please let us know what are all the procedures to be taken to start a new chit fund pvt ltd.

Thanks

Hi, Dears, one of my clien wants to capitalise the profit by issue of Bonus shares. Since the provisions of section 81 are not applicabe in a case of pvt co.I just want to know that whether registeration of resolution passed in the meetinn of shareholders by filing of form-23 is necessary , in a case of privete co, or just filing of form-2 is sufficent compliance with the company act.

please elaborate procedure to transfer the physical shares of private limited company?

Does ROC Annual Return need to be audited for a Private Ltd co. or not if its financial yr is from Jan to Dec?

SIR/MADAM,

ACTUALLY I AM PROCEEDING FOR FILING FORM 5 WITH RoC FOR INCREASING THE AUTHORISED CAPITAL OF A COMPANY. I HAVE HEARD THAT THE FORM MUST BE SUBMITTED PHYSICALLY AFTER ITS FRANKING APART FROM FILING IT ELECTRONICALLY. I AM CONFUSED ABIUT ACTUAL PROCEDURE. PLEASE HELP ME SIR.

Dear Experts,

We have paid Rs.1.5 lakh to increase the authorised capital of our client. My query is under which a/c we have to dr. this amount. We debited to Preliminary exp. is it correct?

Please reply soon. Its urgent

Thanks in advance
Shashi

if a director draws a salary from a company, can he draw professional fees as well from the same company??

sir,

kindly let me know when a ahreholder requests the co to spli his share certificate to 4 , hehas 20 shares and wants seperate certificate of 5 shares each, does he has to bear the cost of new shares issuedby the co

b) also pls let me know how is purchse of land by a company treated... does it requrie board or general resolution and which section governs it?


would be greatful if my query is answered promptly


thanks and regards