RItu

Where an additional director is apoointed as a Director of teh company in the AGM does form 32 need to be filed or is it ok as we do send an attachnment of details of Directors along with form 20B i.e. Annual Return


CA YOGESH

A pvt co. acquire space in warehouse. Pvt co. needs money for this project. Existing Shareholders refuse verbally to acquire shareholding. Co. director search financers for the project. They find appropriate financer. But problem is that financer wants equity share capital (option with buy back ) in the company as a security of his money. Can the co. allots to third party i.e. financer the share of pvt. ltd. co. If yes , then wht type of agreement has to be draft ?


CA YOGESH
20 October 2007 at 10:19

allotment of share in pvt. ltd

If a pvt. co. goes for allotment of its shares to other than existing member ( find by management after verablly refusal by existing member ) can be void if existing shareholder goes into court against the company


Sindhu

HOW SHOULD THE FOREIGN EXCHANGE DIFFERENCE BE DISCLOSED IN CASE OF A PVT LTD COMPANY'S BALANCE SHEET?? CAN IT BE ROUTED THROUGH P&L ACCOUNT OR HAS TO BE REFLECTED IN THE BALANCE SHEET ONLY? THE COMPANY IS AN ASSOCIATE OF THE COMPANY ABROAD????


Kumar
19 October 2007 at 10:44

Compounding

Dear All,

Please let me know the procedure for compounding of an offence under Companies Act.

With Best Regards,
Rakesh


RItu
18 October 2007 at 12:46

Is the co a defunct one

A co has not diled its annual returns for the last 3 years.

Now when i wish to file returns for those years,with the dig sign of the Director,the form is not uploading and giving an error message that


" the signature is not valid and that hte person is not authorised to sign on this doument.

what has to be done
1.are the direcotrs defunct
2.what has to be the steps to reviver them back
3.Do they need to be re-apppt
4.And then how to file Form 23AC and Annual Return???


Abhishek
18 October 2007 at 12:07

Capitalisation of First insurance

It has been usualy seen that people capitalize the first insurance of any capital asset along with it's cost...is it correct??...what i feel is that it is a period cost as it expires after the period in which it was capitalised and so it should be charged as revenue instead...what the experts say??


Kumar
17 October 2007 at 14:15

Board meeting

Dear All,

Whether a Board meeting of the company as such is allowed to be held through teleconfrencing/vedeo confrencing under the respective provisions of Companies Act.
Also can a Co.registered under Companies Act is allowed to hold its board meeting outside India?

Awaiting your early reply.

With Best Wishes,
Rakesh


RItu
16 October 2007 at 14:42

Private CompANY

What is the provision for a Pvt CO to increase its authorised capital and under which section are all other matters related to pvt co dealt with?


thanumalayan
16 October 2007 at 12:44

Remuneration of auditors

During the course of audit, the auditor, due to some increase in his work load and expenses, want to raise his remoneration.

How can it possible for him and what are all the modalities to be followed by him in this regard?

Can he resign if the remuneration cannot be raised?

What is the remedy?





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