A proprietorship firm purchased land from a public limited company in which the father of proprietor is director and issued cheque in the name of company. The firm has to show capital in its books of accounts by taking money from that company. What is the procedure to invest the amount in proprietorship firm? What entries will be passed so that the amount is shown as capital invested by proprietor?

Sir,
If a company has issued different share certificate for different distinctive number of shares to one person.
For ex. 0001 sh to 1000 sh, for which share certificate issued bearing number is 001. 1000 sh to 5000 sh, for which share certificate issued bearing number is 002. 5000 sh to 9000 sh, for which share certificate issued bearing number is 003.
Now, can i cancel all distinctive number of shares for issue of only one share certificate for share bearing distinctive number 0001 sh to 9000 sh.

Dear Friends & Prof Colleagues ,
Please consider the given below issue and post your comments.

In case of merger , allotment of shares as consideration for acquisition, to more than 200 allotee's, be treated as public issue?
Whether shares issued by a company to individual share holders to acquire business(Holding Subsidiary relationship) of another company be treated as public offer?

Thanks in ADVANCE

can dividend be adjusted against calls in arrears

Dear Sir
Whether loan taken/given by company to/from directors are to be recorded in register u/s 189 and whether it will be disclosed in notes to accounts as per As-18.

Dear Experts,
Pls tell me the journal entry of dividend declaration and dividend payment?

Regards
Ashish

Hi, If my pvt.ltd company after paying tax has a profit of 1cr how can the share holders take out the money from company..?My CA say that shareholders can take money in form of dividend but that will result in additional tax in the form of dividend distribution tax @15%..? so that will am out to total taxation of about 50%....PLS help ...

Dear All
As per schedule v a director cannot draw the agregate remuneration Rs. XXXXXX from all companies. Pls let me know the same with an example,

Thanks & Regards
Arun Bhargave

please share the procedure for conducting meeting on poll.

Dear Sir,

My company was incorporated in 2009. Till now i have not filed single annual return and balance sheet till date . from last one year the company was totally inoperative.

can i close it in FTE mode without filling any documents.???

Thanks