Dear Madam/Sirs,

My query is relating to the consolidation as per the requirements of the Companies Act 2013. A Company is having 80% Share in Capital of an LLP, represented by the Company's managing director. When preparing the Consolidated financial statement of the Company, whether the Company need to consider the financials of the LLP for consolidation along with other subsidiary companies as per the Companies Act ? If consolidation is required, whether fixed capital account is only to be considered or fluctuating capital account is also to be considered for determining goodwill and capital reserve ?

Thanks in advance,
Prasanth

Dear Experts,
plz guide weather accounting is to be done in publice company on receipt of share application, share allotment etc.

regard
sumit

Please tell me the rate of dep on mobile phones as per companies act 2013 & as per income tax act 1961

Please clarify me on appointment & retirement of directors for private limited co. as per Company act 2013. I want to retire two directors of a company and than want to appoint new director in place of them so what is the exact procedure??

Dear Sir/Ma'am,

Can you please provide me detail Expenditure incurred at the time of Compulsory Winding-up of Private Limited Company.

Thank you in anticipation

Dear Friends / Experts,

Can someone please let me know ‘Consent for Shorter Notice for AGM’ is applicable, if there is a gap of only 21 days in total from Board Meeting Date to AGM Date (both dates inclusive)? Company is a small company.

Your reply, please..............

Thanks in advance for possible replies from all concerned.

Sir,
I want to know about ROC compliance when A private company purchased fixed assets and finance same from banks and Financial Institutions.

Respected professionals,

Please tell me the procedure for allotment of shares in a private company under Companies Act, 2013?

Thankyou.

Facts of the case:
Pvt Ltd Co in tobacco manufacturing sector with turnover more than Rs 200 cr. p.a.

My Query :
In Pvt Ltd or Company form - for saving the Directors from any liability under litigation, we can have safeguard of "Officer in default" concept where by passing board resolution / nomination done, Directors can avoid conviction. In LLP since concept of Designated Partner (DP) is there how can the Directors escape conviction, who will get there status changed to DP (in LLP converted from Pvt Ltd) & avoid conviction in any such litigation cases.
For such Industry is it worthwhile to continue in present Company form OR We should go ahead and convert into LLP.
Your expert opinion in detail (with pros & cons) will help many manufacturing co who are looking for such conversion decision aprat from Taxation advantages enjoyed by LLP.

Dear experts,
Does A pvt. Ltd. Company's directors allow remuneration as much as they want or is there any ceiling limit for the same, plzz clarify..

Regard
Rohit Singla