There are two private cos A Pvt. Ltd. and B Pvt.Ltd.
B Pvt. Ltd. holds 48% of shares of A Pvt. Ltd.
Director of B Pvt. Ltd. is a partner of audit firm of A Pvt. Ltd.(i.e. h is auditor of A Pvt. Ltd.)

Is there any violation of Section 141 of Companies Act 2013?

Kindly reply.

Can a director of a private limited company start his own proprietorship?

can i have a format of resolution for conversion of unsecured loan to equity shares. its urgent.

Query: whether stamp duty is payable by the company on buy back of shares from its shares holders?if yes, what's the procedure/provision i.e., rate of duty etc.?

Whether private limited companies are required to prepare consolidated financial statements. Is there is any exemption are there from section 129 of the act for small private companies having subsy. And if it is applicable what further action are r be taken

Thanks

Dear prof colleagues, What is the time limit for allotment of shares to foreigners? As per FEMA it is 6 months from receipt of application money. As per CA 2013, it is two months. Which will be superceded by which?

hi frnds, currently i m rendering consultation service in constitution of proprietorship & now want to convert it into co. can anyone tell me the procedure of company formation in detail. so it will help me to creat the same easily. thanx

A director has given his resignation letter in Dec, however the company has given acceptance letter in June. In form DIR 12, what will be the date for with effect from Dec or June.

Please help me to resolve following doubt:


We have formed one company since December 2013, However now the client want to start the Business ..

Now my doubt is whether the Commencement of Certificate is compulsory for this company ?

As in amendment the requirement is waived specifically for Newly incorporated company..


I request to advice please

Dear colleagues

Is there any limit on the maximum remuneration which can be paid to a director in a purely private company as per Companies act 2013 and recent exemptions to PVt cos as per MCA notification.

Shall be really obliged for your help in this regard

Thanks