Dear Experts, I have to prepare Projected Financials and Project Report of a Pvt. Ltd. Company for next 5 years to apply for loan of Rs. 52 lacks to finance plant and machinery and Factory premises having cost of rs. 1 Crore. Apart from these loans , company is having directors' Loan as required to finance the project. The private ltd. company having paid up capital of Rs 1 lac. Profits of the company are so huge in upcoming 5 years, thats why there will be huge cumulative surplus reserves in future. So my Balance Sheets are not tallying. As reserves are so huge, as a result the balancing cash and bank balance is so high..which is not reasonable and looks unbelievable. So I need suggestions regarding utilization of reserves and surplus, by considering the above case. . and please suggest how to present projected financials in more attractive and believable way? Thanks in advance.

Yesterday I submitted an e form on mca 21 portal. The payment was successful but challan and SRN could not be generated.Can anyone tell me how to generate the challan and SRN. Thanks..

Dear Experts

If a auditor firm say ‘A’ of any Pvt Ltd Company has been amalgamated with another Auditor Firm say ‘B’, then in this situation, Is that company bound to follow the all procedure of provision of section 139 and 140 of Company Act 2013? Please clarify.

Thanks

Dear Expert,
Last week, I have applied for DIN for a Director for a newly incorporated company. The DIN has been allotted and approved but while i using it and do a pre-fill it shows enter valid DIN. Also, i check in MCA site verify DIN/PAN of Directors and it shows DIN has not been matched with DIN Database.
I raised a ticket query in MCA but they not able to give proper solution to me. They give a solution as the DSC for PAN is not register in MCA portal. I have tried to register a DSC for PAN of a concerned Director and it shows PAN not does not exist in system.
I contacted DIN Cell, Helpdesk of MCA all are not able to give proper solution. Kindly advise.

Sir,
One my client (opc) want to open a branch office what are formalities with mca

Can A Charitable Trust convert in Charitable Pvt Co.

HI..
1.whether the unaudited Financial Statements can accepted at AGM, whereas such Financial Statements has been approved by Board of Directors ?
2. whether delay in Audit of Accounts is a valid ground for extension of AGM ?

Can MR-1 be filed for appointment of WTD on the basis of board's approval ? Board Resolution specifies proposal is approved subject to approval of the shareholders in general meeting.

WE HAVE INCORPORATED A PRODUCER CO. ON 13TH NOV.SO ACCORDINGLY FIRST BOD MEETING SHOULD HAVE BEEN HELD BEFORE 13TH DECEMBER. BUT DUE TO SOME REASONS, THE BOD MEETING WAS HELD ON 28TH DECEMBER.WILL IT LEAD TO NON COMPLIANCE.WHAT ARE THE CONSEQUENCES OF SUCH NON COMPLIANCE

Section 196 contains separate set of disqualifications for MD/WTD Does that mean that Section 164 is not applicable to MD/WTD? For eg even if a person is of unsound mind ( as contained in 164) he can still be a MD under sec 196