Anonymous

Dear Experts,
Private Limited Company is not required to have a CFO.
However, Board has appointed the CFO.
Will we require to file the MR-1 for such an appointment?

Will only such an CFO can sign financials, whose appointment has been intimated to the ROC, or any person designated as the CFO by company internally can sign the Financials as per Section 134.?



Anonymous

Dear Experts,

As per the Companies Act, 2013, there is no requirement of appointing CFO, or MD or WTD in private Cos.
Still, many companies do so, and also file the appointment in the ROC, and follow procedure under Section 196 (like term of appointment 5 years, approval by members at subsequent general meeting etc.)
Why is this done?


ROHIT
19 November 2015 at 12:57

Casual vacancy - auditor

Please suggest the steps We need to follow on following issues:-

The Auditor has resigned from a pvt ltd company due to personal incompetence. the BOD has approached a new auditor to fill the casual vacancy & he has accepted it.

What are the compliance procedure for MCA Filings for both company & new Auditor.


Srividya Chandrasekar

Dear Experts,
As a CS of a Private Limited Company, is there any importance/ merit in keeping copy of the employment agreement of the WTD, MD, and other KMP like CFO in our custody?

This question is because an agreement is not mandated by Companies Act 2013 for Private Companies, but it is obvious that such appointments operate under some agreement only (maybe with HR Dept.).

Please advice, how to tackle this situation. I am a fresher joined as CS in a Private Limited Company.


CA Sweta
18 November 2015 at 19:39

Registering dsc

When I tried to register DSC in MCA Portal,I click on Select Certificate but it is not opening means browsing of my digital signature not done.I done all changes as said in mca site in internet options and also installed latest version of java 8 update 66 but my problem does not solved..

Please Suggest...It;s Urgent



Anonymous
18 November 2015 at 18:43

Compliance certificate

Dear Experts please explain me what kind of companies require to file compliance certificate under companies Act, 2013.



Anonymous
18 November 2015 at 13:58

Angle investors

when an angle investor invests in a startup venture, what is the returns he expects at the end of a particular period of time or at the time of sale of the organisation

can any body give me more details regarding the angle investors.

also, if he is allotted shares in the company, how does the company get back its shares



Anonymous
17 November 2015 at 16:43

Private limited vs llp

I want to start new business in food processing. Approx. turn over is 3-4 Cr. Please advise me can I start private limited or llp. Please note I want to take term loan about 1.5 cr. And case credit 50 laks. Also give information about stamp duty expense. And other legal expense. For both.


Bhawna pamnani
17 November 2015 at 16:42

Want to remove a director

GOOD EVENING SIR/MAM

A LIMITED COMPANY IS HAVING SIX DIRECTORS AND THEY WANT TO REMOVE TWO OUT OF IT. THERE RE SOME MISUNDERSTANDING BETWEEN THE FOUR DIRECTORS AND THE OTHER TWO DIRECTORS SO THEY DECIDED TO REMOVE THEM FROM THE POST OF DIRECTORS. THE TWO DIRECTORS ARE NOT WILLING TO RESIGN. HOW CAN WE REMOVE THEM UNDER COMPANIES ACT, 2013?

PLEASE GUIDE!!!



Anonymous
17 November 2015 at 16:02

Din

Kindly assist on following thing
i filied DIN Application and at the time of Prescrutiny the form says that " The system has identified your application as potential duplicate based on name, Father's name and DOB"
But the applicant was not file any application earlier(The same was clarified by Applicant and Me also checked on MCA site)
Lastly Application was Filled

But in MCA Portal DIN Application Status shows appproved and Certificate was unable to Download

What can i do now?
Note: Application filed on 05/11/2015





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