Anonymous

Can one person be appointed as Company Secretary for both the Holding and Subsidiary Company at the same time ?

Dear Members,

I solicit your views on the aforementioned subject and procedure too.


Thanks & Regards,

Nuhan



Anonymous
10 August 2015 at 14:35

Section 186 of companies act 2013

The limit of 60% of Share Capital and Free reserve of the Company to give loan and guarantees is total aggregate limit including old loans outstanding or this limit is for giving to a single person/company.


ARUN KUMAR MAITRA
09 August 2015 at 17:19

E-return signing

Can a person who is in the rank of AGM_(secretarial dept.) but who is not a qualified cs,sign the e-return for submission to MCA?



Anonymous

hello, I hv a query regarding allotment of shares actually a pvt company had to allot securities till 31/05/2014 bt it has not done till now,its been one year now and company want to allot its shares, how it is possible as 300 days hv been elapsed n MCA will not accept the form.plz suggest me how to do allotment without attracting any penal provisions???


Jeeva Thangavelu
09 August 2015 at 14:04

Depreciation as per companies act 2013

Date of Purchase of machinery = 01/04/2005
Cost: 1258400/- depreciated by Triple shift @ 27.82%.
Depreciation upto 31.03.2004 = 12,23,396/-
WDV as on 01/4/14 = Rs.35004/-

Useful life prescribed by CA 2013 = 15 years
Residual Value = 1258400*5% = 62920/-

My query is, as depreciation was claimed on Triple shift basis will the useful life be reduced to 5 years (15 years/3=5) (or)
Have to use 15 years..?



Ketan Malik
09 August 2015 at 13:17

Misrepresentation in prospectus

Is the CA/auditor who authorises or gives consent for the issue of prospectus also liable for misrepresentation in prospectus even if such misrepresentation is made by expert?
If yes, what is the reason? Is it not unfair or unjust as the CA does not know anything about the expert's working or analysis?



Anonymous
08 August 2015 at 20:04

Inc-1

dear sir
Today I was trying to upload INC-1 FOR NAME APPROVAL FOR new company but massage appears that mca isssued new inc-29 for incorporation purpose.

My question is whether inc-29 is only option for name approval now and inc-1 will not work for name approval?

Thanks


Richa Bajoria
08 August 2015 at 15:33

One person company

Can any one provide me with the incorporation documents of One Person comapny?



Anonymous

Dear friends

Can anyone please share the AOA of an NBFc as per provisions of Companies Act 2013.

Any help in this regard is highly appreciated.

Thanks



Anonymous
08 August 2015 at 10:56

Legal action

Dear all,
Can you please help me in an interesting case which I need to resolve.
Suppose, there are 2 companies Ajay Pvt Ltd and Vijay Ltd. Ajay Pvt Ltd invested 10Cr. in Vijay Ltd out of which shares were issued of 5Cr. at Rs. 10+ 20Rs. premium to Ajay Pvt Ltd by Vijay Ltd. There is one common diretor Mr. Satish in both the Companies.It has been three years since shares issued but no dividend was declared and no any other notice was circulated by the Vijay Ltd to Mr. Satish regarding any business of the Company. Remaining 5Cr. is pending as share application money. Vijay Ltd is not issuing shares of this amount nor sharing any profit as dividend to Ajay Pvt Ltd. Then question is how Ajay Pvt Ltd can recover money from Vijay Ltd of Rs. 5Cr.? Can there be any legal action taken? Can appeal be filed with CLB OR NCLT? State all kinds of options with Ajay Pvt Ltd to recover this 5Cr.






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