A private limited company of my client is incorporated under Companies Act 1956 (CA 1956) and has MOA as per CA 1956.
Now my client wants to change the object clause of the company. Do the altered MOA needs to be in format as prescribed under Companies Act 2013, or the previous format under Companies Act 1956 will do?
While resubmission of form-3 I am getting an error that there are changes with respect to original fee paid and resubmission is not allowed.
Actually, during first submission, I was charged only Rs 50 as fee although the partners' contribution was Rs 200,000. Now since original fee charged should have been Rs 100, while re-submitting they are detecting a fee mismatch. and not allowing resubmission.
Can somebody help me how to resolve the issue. We have also raised a ticket at MCA website, but the issue is not getting resolved.
I have filed Form FTE for a private limited company on 21st dec. 2015. After few days, I received a notice under section 560(3).
Nothing after that.
How would I be able to know if the company has been clsoed or not?
Please guide me.....
i am aware of the procedure of filing RD-1 and attachments required but there is problem in filling INC-1 for change of name as Word private limited is compulsory to add in inc-1 .Please can anyone suggest me how can we file inc-1 for change of name without adding word PRIVATE LIMITED. OR is there any other form for this .
Thanks
I am trying to upload INC 7 every time following 2 error o cure please help me.
1) The DIN entered for director upon signing eform does not correspond to the DSC affix.
2) Some prescrutiny validations have failed. Please make the required changes and upload the Form again.
Dear Experts,
Section 188 of the company act has specified the below limit of transaction or transactions specified entered with related party.
1. sale, purchase or supply of any goods or material, directly or through appointment of agnet, exceeding 10% of the turnover of the company or Rs. 100 Crores, which is lower
2.Leasing of property of any kind exceeding 10% of the networth of the company or 10% of turnover of the company or Rs.100 Crores , which ever is lower
My company has entered the transaction with related party for purchase of goods & Rent amounting of Rs. 35 Crores & 15 Crore respectively and annual turn over of the company is Rs. 500 Crores.
So, as per company act limit will be Rs. 50 Crores
Option First
Sale purchase transcation 35 Crores Limit 50 Crores(Not more than the limit)
Rent 20 Crore Limit 50 Crores(Not more than the limit)
As per option first company can entered in transaction and special resolution is not required.
Option second
sale purchase transaction 35 Crores
Rent 20 Crores
Total 55 Crores (Exceeding the limit of 50 Crore)
As per option second company can not entered the transaction without special resolution.
So which option will be accurate as per section 188 of the company act.
Please reply urgent
Sanjeev kumar
provisions contained in rule 14 of companies act (prospectus and allotment of securities rule) are for private offer or public issue of shares or given in general i.e. some rules are for private issue and some relate to public issue of shares?
Hi
Kindly advise the complete MCA procedure to transfer 1000 shares out of 10000 share of a promoters to another in a private limited company. Authorised capital of the company is Rs 100000 and currently having 2 directors and want to add one then want to transfer 1000 share to him
If Sh-7 is to be filed then what category is need to select and how.
Query 1
Mr. A is an Non Executive Director of a Public Limited Company. The Company is supposed to get listed. Now Mr. A wants to get appointed as Managing Director (MD) in the same Company. So pls let me know the procedure i.e. first will he be appointed as Additional MD in Board Meeting and then regualrised in AGM ? OR he can directly be appointed in General Meeting i.e. through Extra Ordinary General Meeting as Managing Director.
Query 2
Procedure for appointment of Independent Director as per Companies Act, 2013. Can a Independent Director be directly appointed in General Meeting (whether in EGM or in AGM) ? OR Independent Director be first appointed as Additional Independent Director in Board Meeting and then regularised in AGM.
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Aoc 2