Our is a private limited company and does not satisfy the condition under sec 135 ( 1) of companies act ( Net worth Rs. 25 Crores , Turnover Rs. 110 Crores and Profit Before Tax Rs . 54 lacs .) . In that case whether CSR applicable ? . But our auditor is claiming that CSR applicable to us as 3 years average profit is more than Rs. 5 Crores . ( PY Profit Rs. 5.01 crores , before that Rs.7.25 Crores and Rs.4.46 Crores ) . Please advice wheter we need to comply CSR Rules .
WHAT is the procedure of Registering a Private Limited Company according to company act. 2013 ?
Hi Experts,
Can we hold EGM/AGM on Saturday or Sunday as per Secretarial Standard - 2.
SS-2 only says that meetings cannot be held on a national holiday.
Please suggest.
Dear Experts
I am preparing a secretarial compliance checklist for a Private Company. However, when I checked the shareholding details of the company, there is a foreign company holding 98% of the shares of the Indian Private Company. In this case, the Indian Company will become a subsidiary of that foreign company.
My question is: Whether the company will be deemed to be a public company by virtue of section 4 sub-section 7 of the Companies Act, 1956 and provisions applicable to public company will apply. OR will it still be a private company.
Also note, that 10,000 shares are held by the subscribers to the memorandum and the balance by the foreign company.
Regards
hello there,
can a limited liability partnership be converted into a pvt ltd co.
I have gone through Secc 366 of companies act 2013 & the related rules too. but still have some confusion.
whether transfer of goods by a creditor for more than a year will be considered as a deposit in light of companies act 2013.
the creditor has not received any payment since 1 year
Hi
While incorporating a company, in whose name the rent agreement should be made??
Is it lawful to bill another company for the services not offered by the other company (both the companies have same directors)
eg. One company is a Software Development company while the other one is Travel Company. Can the Software company bill the Travel Company for the software it developed for them? Both the companies have same directors.
Dear Friends / Experts,
Please guide me on the following, IF POSSIBLE:
A person was appointed as Executive Director in a Private Limited Company, where his relatives are the Promoter-Directors.
Query
Executive Director is not drawing Salary from his Company for the time being.
Will MCA view this as a procedural issue / non-compliance on the part of the Company and initiate any action (after all, it is the will of the ED)?
Your reply, please..............
Thanks in advance for possible replies from all concerned.
Dear Friends / Experts,
Please guide me on the following, IF POSSIBLE:
Query
Please confirm, whether Form DIR-7 is to be executed on Rs.20/- or Rs.50/- or Rs.100/- Stamp Paper in the State of Tamil Nadu.
Your reply, please..............
Should the Photograph be affixed on the Stamp Paper?
Your reply, please..............
Thanks in advance for possible replies from all concerned.
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Csr applicability