Dear Experts
Facts:
A company having a paid-up share capital of Rs. 30,00,000 and a Turnover of Rs. 4 crores in FY 2014-15 and Rs. 1 Crore in FY 2013-14 is a Small company as per Section 2(85) of the companies act, 2013, as the turnover should not exceed 2 crores as per LAST Profit & Loss account, i.e. FY 2013-14 P&L.
But, there is a practical problem in filing the annual returns.
The CS stated that, during pre-scrutiny, the form states that the Company Secretary signature is required as the turnover for the FY 2014-15 is Rs. 4 crores. Hence, he asked me to prepare the Cash Flow statements and CARO (as the borrowings exceed 25 lakhs).
My Query:
1. Should i ask the CS to sign the annual return WITHOUT the Cash Flow Statements and CARO ? And, if so, will it result in any problems with the MCA in future?
2. Should i prepare the Cash Flow Statements and CARO and file the Return with the CS just to be safe?
Thank You
If we convert a Pvt Ltd company having FDI into a LLP, whether we have to intimate RBI or any other formality with RBI?? The company is operating in 100% automatic route.
Dear Experts,
A company covered under CSR obligation during the FY 2014-15 & 2015-16. If in FY 2016-17 it doesn't not covered under the criteria as prescribed by the Act. In that case is the company required to do CSR activities by taking last three years average net profit?
Please note that during FY 2016-17 it doesn't comes under the criteria of CSR.
Please reply at the earliest and oblige. Also provide some reference in this regards, if possible.
Thanks & Regards,
if an company has not filed annual form for the fys 2012-2013 to 2014-15 and not held AGM within due date. My question is whether i have follow Companies Act 2013 for both( fy 2012-13, 2013-14 &2014-15) not holding AGM and filing annual forms with ROC or i have to follow companies act 1956 for fy 2012-13 & 2013-14, 2014-15 companies act 2013 for compounding of offence? What is the procedure for compounding? please share the format for same. thanks in advance
If 2 shareholders holding 12% shares want to exit the company and want that the company pay them their share in money is it possible for the company to take back the shares and pay them
can a private limited co. authorize any person to act on behalf of it? my question is whether it can authorize person other than manager or MD. if yes please provide procedure
what is the procedure & required documents to register a propreitor firm? in breif differenciate the rules & applicability of partnership firm & propreitor firm?
I have incorporated a pvt ltd company. Immediately after incorporation one of the directors want to leave the company before creating a bank account due to dispute between the directors. Now the other director wants to start the company and also the bank account. Can the director create the bank account after taking his resignation? Can the director add another director and then create a bank account? Need a solution to this urgently.
Dear sir,
Please provide me the board resolution for appointment of director
thanks in Advance
Old provisions applicable for incorporation of producer co.n all other provisions as no mention about the same in new Act?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Annual return filing under companies act, 2013