Revati Sathe
22 December 2016 at 11:32

Section 196

1. In case of Private Limited Co. a managing Director was appointed at the time of incorporation through old form 32 , no specific clasue about appointment of MD in AOA or no other agreement was executed , then how much period he can act as Managing Director ( He was mentioned as First Director not liable to retire by rotation in AOA )
2. can we pass a Board Resolution for increase in salary of MD and what other forms required to be filed
3. can any body share me Board Resolution for increase in salary of MD in case of private limited



Anonymous
21 December 2016 at 22:05

Dsc

Dear sir,I m authorised signatory of pvt.Ltd. company i want self DSC apply can I pay DSC application fee of company's current account and tell me new DSC apply process .


CA Kunjan - www.canaresh.com
21 December 2016 at 21:25

Additional director not to be regularized

a small pvt.ltd. company..

in nov 2015,additional director was appointed
but since july 2016, existing directors had a fight with her dont want her anymore.
in agm 2016, company directors did not mention her in form mgt7
in aoc4, company stated in director's report she is not to be regularized.
now, do we have to file form dir12 to show she is vacated?
or did we have to write in mgt7 and revise mgt7?


Nikhil Jajoo

Dear Colleagues, I have a query regarding Auditor appointment, in a company, In an AGM an Auditor who is having proprietorship firm has been appointed, the Auditor Dissolves its Proprietorship firm and enter into Partnership, now the query is whether the Auditors have to file fresh form ADT - 1 for change in auditors firm status or he can sign the Balance sheet without any intimation to ROC, and also Is company required to pass an ordinary/Special resolution for fresh appointment of same auditor in the Company. what is the correct measure in this case?
Note - Registration no and name of old Proprietorship firm was same in new partnership firm.


Anurag Suresh kulkarni

As per the provisions of section 139, there is a grace period of three years for existing companies under transition period. Whereas, Rule 5 of Companies (Audit and Auditors) Rules, 2014 specifies the class of companies that are covered under this act. Now, the question is while applying the provisions of rule 5, which financial position to be considered? whether at the commencement of the act i.e. April 1, 2014 or after completion of three grace years i.e. April 1 , 2017?


Bhavin patel
20 December 2016 at 20:24

dividend

section 51 of Companies Act 2013 contains that if provided in the articles dividend to be paid on paid up value of the shares . so if there is no such provision in the articles then dividend shall be paid on nominal value of the share. and as per regulation 83 of table f dividend shall be paid on paid up value of shares. so is there any conflict between these two provisions


Revati Sathe
20 December 2016 at 15:42

Section 188 of the companies act, 2013

When transaction is at arm's lenght and in the ordinary course of business , is it necessary to attached AOC-2 and whether noting in Board Meeting is necessary


Tina Jain
19 December 2016 at 21:01

Registration of business name

May i know the total cost for registering any business name.


ERO0207872 NITESH KUMAR JHA
19 December 2016 at 17:58

Moa

I APPLIED FOR INCORPORATION OF A COMPANY IN REPLY OF WHICH I HAVE GOT A ERROR MESSAGE " CLAUSE IV OF MOA SHOULD BE AS PER TABLE A" SO PLEASE HELP IN THIS REGARD.


KUVADIYA PIYUSH

hello. my query is that why one should form HUF instead of other structures like company.






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