A private limited company has issued shares to the subscribers of memorandum. The subscriber has given a cheque for subscription of shares but the private company does not have any bank account till the end of financial year. The bank account has been opened after the end of financial year. The auditor has raised an objection for this.

Please suggest a way out..

What is the meaning of Compounding of Offences? Pls explain in simple words if possible.

Hello Experts, My one client is doing service tax registration. He is a paint (building paint ) contractor. So please suggest me which one service code of paint contractor. Regards Deepak Bissa

Hello All,

A company ABC has 2 directors A and B holding 50% shares. Now they are selling all those shares to other company say XYZ . A and B are already directors of XYZ. Now XYZ intends to appoint A and B as directors in ABC.

So my question is whether A and B has to resign first and then again appointed by XYZ. or no need to do anything

I want to ask that If a company whose main object was Construction related now wants to change the object clause to Textile Business is required to remove the word "Infrastructure" from its name or it can carry the new business with the same name?

I have some physical shares of a company (bought 10 year ago ) but now company had got them listed now ( I have no demat Ac till now)&these are jointly owned by 2 persons . the problem is 2nd holder is in foreign country HOW THESE SHARES CAN BE TRANSFERED

Sir, what is meaning of next AGM in provision of additional Director. if we appoint an additional Director on date 5/02/2016
and AGM held in co 22 September, 2016 then we have to regularize to Additional director in this AGM otherwise in Next year AGM.

Dear All,

I have the following queries:

1- Whether it is mandatory to have a LLP Agreement or LLP can function without that ?

2-Whether franking can be done on LLP Agreement in the State of Maharashtra ?

3-Whether there is any chance of tampering or alteration in case of franking ?

Thanking You

If I had physical shares purchased 10 year ago. & company had listed them after some time of issue, but I have not opened demat ac till now , how i can start tarding

What is maximum time limit for holding Share application money pending for allotment for private companies as per companies act,2013 in Schedule III Balance sheet?