In one of subsidiary company it was incorporated on May, 2014 so their AGM due date will be on December, 2015 therefore they are in no hurry to Audit there accounts and board meeting for approval of accounts also will be held after 30th September, 2015 so I want to know that as a Holding Company how can we consolidate the accounts of that Company and make consolidated balance sheet and secondly, whether it will be Ok if they approve of there accounts and board report after the Holding company approve there accounts and Board report because as per my understanding Holding Company should approve their accounts after approval of accounts of Subsidiary Company.
whether a public limited company can collect advance from its members or not under the Companies Act ?
I have filled the SH-4 form for transfer of shares in private company and also affixed the required transfer stamps on the form, now what to do??
do i have to go to roc to acknowledge the same
Dear Experts
I need you help on the following scenario.
1)My client had resigned as a Director from XYZ pvt ltd company in Aug 2009 through a written communication on mail to the other director.
2) XYZ pvt ltd however never updated the records in ROC and never filed Form 32 for my client.
3)My client complained of the same to ROC and in cognizance of his complaint ROC started their own investigation.
4)However the XYZ Pvt Ltd company has disappeared and so has its directors.
5)Now my client had registered with ROC with a particular address and now wants to change his address in ROC records so that he can receive all further communication on this address.
My question is how can he update his DIN-4 form to ROC.
Please advice if there is any other procedure also possible.
Regards
Roshini
Sir,
A Company Proposes to go for right issue, and given offer letter for 15 days. If all the Right holders including Renouncees subscribed by paying full amount/Rejected within shorter time (eg.3 days), Can the Company allot the right share immediately without waiting for 15 days.
here i want to knw abt related to company law .my question is if a pvt co. hav 2 director and share holding ratio in 80 20 .they want to open two more pvt co. with the same director and same share holding ratio.so can they do so ...
Respected Sir/Madam,
As per the articles of a company under 1956 in addition to right conferred on the shareholderss under section 169 of hte act ti requisition an eogm, an eogm of the shares holders may be called by the chairman or by any three directors by notice to the chairman who shall cause to call the meeting as required.
So does the eogm called by the chairman or three directors fall under egm by requistion?
can anyone explain about the applicability of sub-clause(i) or (ii) of clause (3) of part A of Schedule II of companies Act, 2013.
NOTE:In a simple way, sub-clause (i) of clause 3 of part A of Schedule II of companies Act, 2013 says, In case of such class of companies, as may be prescribed and ETC.
So i want to understand the meaning of the word "as may be prescribed"?where it is prescribed?etc
Mr. X & Mr. Y are joint shareholders holding 1000 shares in a Private Limited Company in which Mr. X is first holder and Mr. Y is second holder. If there is any dispute between Mr. X & Mr. Y then what are the legal rights of Mr. Y.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
How to consolidate the accounts of the subsidiary company.