Anonymous
01 September 2015 at 11:48

Non filling of roc returns

Dear Experts ,
One of my Clients has not file ROC returns for last six years, the company has though filed Income Tax returns regularly.

The compnay doesnot have money to file the ROC returns for last 6 years.
Is there a way where without paying much compliance can be made or company name can be struck off.
Should we go for Fast exit.


Nasreen

Dear all,

pls clarify me what are the form to be filed with MCA , where an auditor is removed before expiry of his term (5years)and appointment of another auditor of PRIVATE ltd company. specific clarification about whether MGT-14 & adt-3 need to be filed ????


manish kumar
27 August 2015 at 18:43

Dir3

what is the cheapest way to Obtain Digital Signature Certificate ?


PULKIT JAIN
27 August 2015 at 17:00

Agm

Sir,
Is The Auditor is compel to attend the AGM of a Private Limited Company as per Companies Act 2013.



Anonymous
26 August 2015 at 17:57

Allotment of securities

Kindly explain Section 39 (2) practically (in form of number like we see accounting questions), I am a li'l bit confused in this one.


sohail

i want to know the financial year end date of our company which was incorporated on 22/01/2014.
i also want to know the financial year end date of the company incorporated on 4/03/2015.



Anonymous
25 August 2015 at 14:20

Nomination of shares

Dear Sir,

My company(A.Pvt.ltd.) holder of Equity shares of another company(B.Pvt.ltd.)and now A. Pvt.ltd want to nominate C. Pvt. ltd. as nominee for the share held by them

IS it possible????
as per rules only person can be nominated so, here person mean what???

Any holder of securities of a company may, at any time, nominate, in Form No. SH.13, any person as his
nominee in whom the securities shall vest in the event of his death.


Nayak

Company "A" a Public Limited Company, has 5 directors and all of them are executive directors. Its paid up capital is Rs. 2000 Crores. It neither has non executive director nor independent director.

As per section 178 of the CA 2013, Nomination and Remuneration Committee is mandatory for public companies having paid up capital more than 10 crore and it shall consist of 3 or more non executive directors half of them shall be independent director..

"A" wants to appoint WTO now. whether recommendation made by the N & R Committee to the Board for his appointment is valid?

Whether decision taken at the unconstitutional N & R committee is valid?


Arpan Kumar
24 August 2015 at 20:51

Query

ITC limited under its CSR activities signed agreement with an NGO for its milk procurement and agarbatti production work. At the end of the year, Heavey losses are patched by ITC directly into non foreign utilization account, being an foreigner entity can ITC do this? Is this fund transfer justified in view of FCRA and CSR act of india?



Anonymous
24 August 2015 at 15:39

Annual return for the f.y. 2014-15

Dear Learned Members,

As per the Companies Act, 2013 the Extract of the Annual Return for the Financial Year ended 31st March, 2015 shall form part of the Director's Report in Form MGT-9.

There is another format for Annual Return, i.e., Form MGT-7 which is more detailed than MGT-9. As per my understanding MGT-9 is just an extract.

But, the MCA has come up with a Circular dated 13th July, 2015 that the Annual Return for the financial year commencing on or after 1st April, 2014 shall be filed in form MGT-7, the electronic version of which shall be available for filing latest by 30th September, 2015.

Thus, my query is whether MGT-7 is a format for annual return or an e-form which is yet to be made available for filing the Annual Return? What would be the format for preparing Annual Return, MGT-9 or MGT-7?

Thanking you in advance.





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query