Hello experts,
Kindly enlighten me on the below given issue:
Which date is to be considered incase of second hand machinery for calculation of the useful life remaining as per companies act 2013.
Eg.A second hand computer is purchased in the year 2012 and put to use in the same year.While its original purchase date is in the year 2010.
2010 or 2012 is to be considered by the current user of the computer?

Dear All,
If there is a registered Trademark in the name of ABC owned by Proprietor/Partnership Firm. (Suppose in Class 30 - Food related Products).

Now can i get my Company name in the name of ABC Foods Private Limited or ABC Bakery Private Limited or ABC Eatery Private Limited?

NOTICE FOR EGM SHOULD BE CALLED BEFORE HOW MUCH DAYS ? KINDLY PROVIDE HELP WITH RELEVANT SECTION.
THANK YOU IN ADVANCE

SIR,

How to calculate the remuneration of ONE MD & 2 DIRECTORS OF A PUBLIC LIMITED COMPANY.
The first year the company has inadequate profit. The second year the company has profit.

RESPECTED SIR,
THE ORIGINAL COST OF PLANT AND MACHINERY IS RS.100.00 LAC RESIDUAL VALUE RS.5.00 LAC.AS PER SCHEDULE II OF COMPANIES ACT 2013 THE USEFUL LIFE OF ASSET HAS ALREADY EXPIRED IN F.Y.2013-14. W.D.V OF ASSET AS ON 01.04.2014 AS PER SCHEDULE XIV OF THE COMPANIES ACT 1956 IS RS 18.00 LAC.
SIR, IF WE CHARGE DEPRECIATION FULL AMOUNT OF W.D.V RS.18.00 LAC, THE COMPANY WILL INCURR HEAVY BOOK LOSS
SIR, PLEASE GUIDE ME HOW THE ACCOUNTING ENTRIES OF DEPRECIATION,DEFERRED TAX ASSET/LIABILITIES AND RETAINED EARNINGS WILL BE PASSED IN THE BOOKS

WITH REGARDS

Dear experts, 1 of my pvt company want to convert director loan into share capital. They dont have money.They r not able to repay the money & therefore the director & co wants to convert into sharecapital. my question is whether it is possible under companies act 2013.

As section 117 (3) (g) no more applicable to private limited co., whether MBP-1 received by the pvt. company in first board meeting to be filed with ROC??
Section 184 is regarding disclosure by director, could not find any provision reg. filing..
Even rule 9(1) do not ask for filing...!!!

Some sincere discussion is sought...

Good morning Friends,
As per exemption notification issued by MCA as on 05/06/2015, section 117(3)(g) shall not apply on private company. As per exemption notification resolutions passed under section 179(3) are not required to file with registrar of company.
Section 179(3) provides for certain transaction for which resolution required to file with registrar including any other matter which may be prescribed (PRESCRIBED IN RULE 8 OF Companies rule 2014) (Meetings of Board and its Powers)
As per rule 8 of company rule 2014 board required to file a resolution for to take note of the disclosure of director’s interest and shareholding;
Now my question is that whether company is required to file MGT-14 to take note of the disclosure of director’s interest and shareholding. Because as per exemption notification section 179(3) shall not apply on private company and section 179(3) includes rule 8 of company rule 2014.

Dear all

Is MGT-14 required to file with ROC for approval of board report.

Because as per sec 179(3)(g)To approve financial statement and the Board’s report MGT-14 require to file with ROC.

But notification dated 18.3.15 the approval of Financial results was omitted but the Word board report not mentioned there.

so as per mine it will be file?

Regards

Rakesh Kumawat

Dear Sir,
one of my client is filed INC-6 on date 18/03/2015 for his conversion from private limited company to one person company(OPC), but till date and time we could not received any communication regarding above application from ROC. in such situation we not understand that we have private company or OPC as the financial year 2014-15 is near to file returns for above F.Y.
please guide us what would be going to be happened from our part for avoiding any irregularities.