Padmaja CA
29 June 2015 at 21:33

Company incorporation

Sir

I am unable to select dsc in directors roll check at mca site from 2 days I have tried 4 systems in internet explorer mozilla crome ect



Please help me very urgent today is last date for name i had get through form inc-1

Thanku



hitesh

Dear Experts,
After recent Exemptions and Relaxations to Private Companies from Few Provisions of CA, 2013, can a co accept loan from director without getting declaration that he has not borrowed the fund from others and the fund is his own fund. i.e. declaration is still required?
Early response will be highly appreciated.
thanks.


CA. SANDEEP SHARMA

Dear all
please advice on this.

since the notification exempting the private companies from few section of ca 2013 has been issued, the provision of section 185 are not applicable to private limited company ( subject to fulfillment of certain conditions).

so now private ltd company can give loans to director or relative etc.

My question is

1) do we have to check the applicability of section 186 on loan given to director or their relatives

thanks in advance


ARUN KUMAR MAITRA
29 June 2015 at 15:43

Retirement of directors by rotation

Are the provisions of section 152(40(iv) re: retirement of directors by rotation applicable to a Pvt. Ltd. Company,which is a subsidiary to a Public Ltd. company?However,its AOA does not contain any provision re; retirement of directors by rotation.


priyanka
29 June 2015 at 13:29

Fdi

can anyone tell that what are the provisions if trust has accepted the foreign investment without approval from FIPB???? and what are the compliances for a trust to accept FDI in india???


Saurabh Garg
29 June 2015 at 12:23

Company incorporation

A client wants to reg a Pvt ltd company for Spa, saloon, Cafeteria & Sheesha lounge. My question is whether all of above mentioned buisness can be done in a single company will it be poosible...will ROc will approve the same...and if yes what should be the object for name approval....



Anonymous
28 June 2015 at 05:34

Re: roc -period of delays counting

Sir, a small company whose AGM was held on 30.09.2014 , has yet to file Form 23AC and 23ACA for F.Y.2013-14.How to count the period of delays and filing of additional fees as on 30.06.2015.Can it file the same on 30.06.2015.Please help.Thanks.



Anonymous
27 June 2015 at 19:55

Vacation of office of a director

Two directors residing aboard did not attend the last five board meetings.Though leave of absence was granted to them.As per section 167(b) the office of Directors becomes vacant. Though notice of meeting was served to them. Now shall I file eform DIR 12 for vacation of office and then appoint them as additional directors and then approve their appointment in agm.


ARUN KUMAR MAITRA
27 June 2015 at 14:43

Rpt

The listing agreement provides exemption from obtaining approval of Audit committee for related party transactions between two government companies. MCA vide its notification dated 5th Jun’15 provides exemption from obtaining approval for related party transactions between two government companies.
MCA has granted exemption from section 188 for transactions between two Govt. Companies but not from section 177(4) (iv).
Terms of reference of audit-committee inter-alia includes approval or modifications of all RPTs.
Therefore, above transactions need approval of audit-committee. However, no approval of the board/shareholders will be required, if it does not attract section 188.
Others may express their views on the matter.


Urvi Chothani
27 June 2015 at 13:22

Due diligence report

Sir/Ma'am,

Is Due Diligence Report necessarily made for a financial year or it can a time duration demanded by the bank?





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