Sir,
Please tell me the proper procedure for filling return for private companies:

WHETHER TO FILE MGT 7 OR FORM 20B FOR ANNUAL RETURN.AND FOR FILLING 23AC MGT-9 IS ATTACHED UR NOT.AND WHETHER 23ACA IS TO BE FILLED UR NOT.AND MGT-14 TO BE FILLED UR NOT?

Dear All ,
I want to know the Best Salary Structure for a small and big IT company which is useful from both point of view Employees and company means which give maximum tax benefit to employees and which minimize the Company Legel provisions like EPF & ESIC?
Currently we are providing Basic : 25 % HRA : 25 % Transport Allow : 10 % Medical Allow : 15 % Other Allow : 25 % Is this structure is fair or needs to do any changes in this plz give your's valuable suggestion .

Thanks in advance

Dear Experts

Request your views as to whether an Indian Private Company (being a subsidiary of Foreign Company as per provisions of the Companies Act, 2013) will be deemed to be a Public Company or a Private Company

Company-X, incorporated as private limited Company in India under the Companies Act 1956, is a JV between Company-Y and Company-Z

Company-Y is a Public Company incorporated in India

Company-Z is a public Company incorporated outside India

Company-X was subsidiary of Company Y under Companies Act 1956 by
virtue of holding majority of Equity shares.

However, under the Companies Act 2013, the Company X became the subsidiary of Company Z by virtue of its holding majority of paid up capital which includes preference shares also.

As per provisions of Section 4(7) of the Companies Act, 1956, an Indian private company, being a subsidiary of a body corporate incorporated outside India, would be a deemed public company, if entire share capital in that private company is not held by that body corporate whether alone or together with one or more other bodies corporate incorporated outside India.

Similar, provision is not available in the Companies Act, 2013. However as per the MCA circular no. 23/2014 dated 25.06.2014, an existing company regd under companies act 1956,being a subsidiary of the Body Corporate incorporated outside India either as public or private co. by virtue of sec 4(7) of Cos Act 1956, will continue as public or private as the case may be.

In the present case, Company X was the subsidiary of Company Y(Indian Public Co) under Cos Act 1956 but under Companies Act 2013, it became the subsidiary of Company Z

In view of the above, as per provisions of the Companies Act, 2013, whether Company-X will be a treated as the Public Company or Private Company ?

Regards
Ekta

what is the meaning of " composition with creditors"?.. plz explain in detail...

If someone has incorporated a pvt ltd co. a couple of years back. After incorporation he did no business nor opened any bank account. Subsequent annual MCA filings were not done ever probably resulting in penalties. Registered address was abandoned so notices, if any, would have been returned. What will be the cost+fees for closing/winding up of the company and suggested course of action to deal with ibid penalties?

Can Anyone please tell me the practice procedure for the E-Payment of stamp duty on various transaction particularly related to ROC such as:
- Increase in authorized capital
- MOA & AOA
- Share Transfer etc

As per the companies act 2013 the first auditor of a company is appointed by BOD within 30 days of its incorporation up to the conclusion of first agm, and in that agm next auditor is appointed till the conclusion of its 6th agm. My query is can a company can appoint the same auditor who was appointed by BOD? but if it will do so then total tenure of the auditor will extend to 6 years.

DEAR EXPERTS

OURS IS A PVT LTD COMPANY. WE WISH TO START NEW PROJECT AND HENCE REQUIRE DEPOSITS FROM OUR SHARE HOLDERS IN WHICH THERE IS A PVT LTD COMPANY ALSO.

CAN WE ACCEPT DEPOSITS FROM OUR MEMBER WHICH IS A PVT LTD COMPANY AND ALSO HAVING ANOTHER PVT LTD COMPANY IN ITS SHARE HOLDERS ?

CAN WE ACCEPT DEPOSITS FROM INDIVIDUAL MEMBERS (SHARE HOLDERS), IF YES, WHAT ARE THE FORMALITIES PRECAUTIONS TO BE TAKEN.

REGARDS

Hi,

I am new to Delhi and wanted to know the proper fees for incorporation in Delhi including Govt. fees and professional fees with authorized capital of 1 Lac and duration.

Also wanted to know the procedure of getting IEC registered and fees(govt. + professional) for the IEC and duration.

Thanks to the experts in advance.

Dear sir,
Please provide me depreciation rate as per new companies act for f.y.2014/15.
Advise me how to calculate.
Thanking you.