Dear Sir/Madam,

I hereby request you to provide the resolution for the issue of bonus shares in board meeting and allotment of bonus shares for private company as per Companies Act, 2013.

Regards,
Pradeep

Dear Learned Members,

ABC Pvt Ltd has availed a Term Loan of INR 5 Crores from its Bankers at certain terms and conditions. The company had filed e-form 8 under the old Act for charge creation. 

Now the Company has availed a Foreign LC/Buyer Credit of INR 10 Crore. However, the repayment terms, margin, collateral are different from the existing one.

Therefore, would this amount to Modification of the existing charge or a fresh creation of charge?

Thanking you in advance.

I have a query that if a pvt. co. desires to appoint one of their director as MD and their are only two directors in it and themselves are the only shareholders of that co. and the relation between them is of husband and wife then what are the prov. apply in that case meaning thereby is the second director is automatically interested in his appoint.. does the resolution that the director is interested in his appoint. is sufficient then who will pass the said resolution of appointment.

2; if the remuneration is at variance to schedule V then we have to follow the provisions as contained u/s 197 or we dont need to check the prov. of remunerarion as co. is a pvt. co.
3. the appointing director is also a director of another co. then can he withdraw a small amt. let say of rs.10000/- from that another co.? what are the prov. plz clear me.

thanks in advance

We have filled INC-1 on 27-01-2016, The ROC approved on 28-01-2016 but They send mail on 29-01-2016, and we Filled INC-7 and DIR-12 on but they rejected on some mistake that is they telling first time, before we incorporated 6 companies in the same fashion but they rejected this time. and we refiled it also and then also they arises some queries in it. In that time the holy holidays and Good Friday holidays came after that we trying to file this since last Saturday and Monday but it didn't filled, the ROC send mail on 26-03-2016 the time limit is to file INC-7 is 10-04-2016. we are trying to fill INC-7 since yesterday the file saying SRN no. is Invalid. please any one can help me what i have to do next, what is procedure to over come with this problem.

Dear All,
We are showing error on resubmission of INC 7 that Mismatch form is being filed. please file correct INC- 7.
Please Reply

If any individual or firm already holding maximum no of company audits,however, out of these there are some pvt.companies whose paid up capital is less than 100 crore and such individual/firm appointed as an auditor in another company,whether that appointment would be in line or not?

Can Anyone Tell me to The Appropriate and "Direct"Source Of Info Where to Get The Exactly What Is The Right Definition.. of Small Company! it is seems There is an update in definition but When I looked At MCA site it still Showing Previous Wording.. enumerated like this (85) ??small company?? means a company, other than a public company,? (i) paid-up share capital of which does not exceed fifty lakh rupees or such higher amount as may be prescribed which shall not be more than five crore rupees; or (ii) turnover of which as per its last profit and loss account does not exceed two crore rupees or such higher amount as may be prescribed which shall not be more than twenty crore rupees: please specify whether it is "And" Or "or"

I understand that MCA has updated forms effective 27-3-2016. Today, I tried several times to file MGT -14. But the prescrutiny functionality is not working. Please let me know the reason.

WHAT WILL BE LAST DATE OF HOLDING AGM OF A COMPANY INCORPORATED ON 14TH OCTOBER 2014?

Dear Exerts,
XYZ is a Partnership Firm Auditor of a Listed Company for a period more than 15 years, but due to provisions of Rotation of Auditors XYZ will not be eligible to to reappointed for 5 Years.

Mr. Z a non signing of XYZ Firm resigned and Joined a new CA Firm ABC and ABC appointed as Auditor of That listed Company.

My question is that whether ABC can be appointed as Auditor of that Listed Company whose earlier auditor was XYZ ?

Whether Mr. Z who resigned my XYZ can sign Audit report of that listed company on behalf of New CA Firm ABC?