SUSHIL KUMAR SHARMA
30 June 2015 at 16:33

Related party transactions

Dear Sir,

We are a subsidiary company of a company incorporated in Japan. Are the transactions with Holding Company(i.e. Japanese Company)comes under the perview of Section 188 of the Companies Act, 2013.?

I am confusing thet whether Holding Japanese Company is a Company or Bodycorporate a per the provisions of Companies Act, 2013

Thanks



Anonymous
30 June 2015 at 16:01

Naming guideline

Can a pvt ltd company have dot in its name?

for eg. A.B. Logistics Private Limited.


Neeta Parwani
30 June 2015 at 15:37

Depreciation as per company act

As per new company act, Depreciation to be Calaculated on useful life of fixed asset.

There are more than 500 fixed assets in my company having different date of purchase and amt and purchased more than 10 years ago, It is not possible to calculate depreciation on individual assets. Is there any solution, please tell me

From Neeta Parwani (CA)


Neeta Parwani
30 June 2015 at 15:21

Depreciation as per company act

As per new company act, Depreciation to be Calaculated on useful life of fixed asset.

There are more than 500 fixed assets in my company having different date of purchase and amt and purchased more than 10 years ago, It is not possible to calculate depreciation on individual assets. Is there any solution, please tell me

From Neeta Parwani (CA)


RAJANEESH V R

Sir,
I want to change name of a Private Limited Company from XYZ Private Limited Company to ABC Private Limited Company.Kindly give me a proforma Minutes for the said EGM.

Regards,
Rajaneesh V R


Manjunath.P
30 June 2015 at 13:57

Is it mandatory of inc-21

Dear sir/madam, greeting for d day. I need some informations regarding following: 1) is it mandatory of INC-21 for companies Act 2013. 2) if it is mandatory what are required documents. If requires INC-10, is it duly verification required from respective banker. Please help me with this?


azeem khan
30 June 2015 at 12:19

Signing of board resolution

In a pvt. company where 5 directors are there. One of the director has signed the board resolution and submit to the bank for taking a loan and no other director had signed the resolution. Whether the board resolution is valid.


CA Rajani Bhagat
30 June 2015 at 11:57

Comnpany incorporation

Dear Sir,
I have a query regarding Proposed Directors Name in Company Incorporation.
According to his registered PAN no, in INCOME TAX site his name contains "middle" name but as per his DIN registered his name has no middle name, so while Incorporation Docs are made, I took as per ROC records, so will it be a mismatch?

PLZ GUIDE
ITS URGENT
THANKS



Anonymous
30 June 2015 at 11:25

Form sh 7

Dear Experts,

company has filed Form SH7 to increase the authorised share capital.

Now a query has been raised by MCA as follows:-

company has file form SH-7 for increase Share Capital, in MOA clause V not certified by company and stamp not affixed, Din number of director not mention

I am not clear about Din number of director not mention. can you please clear this.

Thanks


Gargi Ranade
30 June 2015 at 09:23

Related party transaction

Dear All,

We are private limited Company and wholly owned subsidiary of Japanese Company. We are working in capacity of contract manufacturer for our parent company.

Our entire export is routed through parent company and its subsidiaries spread world wide. This transaction are carried on the basis of sale purchase agreement eneterd in 2010.

As per provision of section 188 (2) every contract or arrangement enetered into with related party has to be reffered in the Board Report.

Recent exemption dated 5th June 2015,has exempted transaction entered into between Pvt. Co. with holding and its subsidiary company from the purview of related party transaction.

Now my query is do i need to provide details of these transaction in Board Report ??





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