In what proportion CCPS should be allotted to existing shareholder? Is there any special restriction in such proportionate allotment? Can I Issue to few share holders alone? Kindly clarify.

Dear Experts,

There are 2 Companies - "H" is Holding company and "S" is Subsidiary company. As Net Profit of Subsidiary "S" is more than rupees Five Crores during immediately preceeding previous year, Section 135 (CSR Reporting) is applicable to Subsidiary Company. But it has been defaulted in paying CSR amount during the year. So adverse remarks is put in the return. My Query is how to report this point in Audit Report of Consolidated Financial Statements. As CARO 2020 is not applicable to Consolidated Financial Statements but "if there have been any qualifications or adverse remarks by the respective auditors in the CARO reports of the companies included in the consolidated financial statements. If present, Auditor needs to give details of the companies and the paragraph numbers of the CARO report that have the qualifications or adverse remarks". my doubts are 1) where exactly it need to be reported in Audit report of CFS? is it under "Report on Other Legal and Regulatory Requirements"? 2) Note about default in payment of CSR amount was shown in Notes of Subsidiary. Do we need to show that note again in the Notes of CFS?

Dear Friends,
A Pvt Ltd company wants to appoint 2 new directors at an EGM directly instead of appointing them Addl directors by the Board and ratify at next AGM.Can it do so. If yes under which section. Please share your toughts.

Thanks,
PC Joshi

I am trying to file form CHG-8 of one of my client at V3 of MCA portal recently launched by the Ministry Of Corporate Affair. but as and when I go to form, the portal will automatically navigate the page on application history. this error arise since last 3 to 4 month or say it that since inception of V3 login of MCA portal. Hence, please guide me as to how can I file CHG-8 of my client. thanking you in anticipation.

Whether rule 12 declaration for company registration is required for following objects:
To carry on the business of an investment Company and/or a holding Company and invest in startups, real estate, stock market, IT advisory and/or consultancy, or otherwise deal in shares, stocks, units, debentures, debenture-stock bonds, securities of any kind issued or guaranteed by any company, corporation or undertaking of whatever nature, whether incorporated or otherwise, and wheresoever constituted, or carrying on business of immovable property and rights directly or indirectly connected therewith and/or bullion, including gold, silver and other precious metals, and/or precious stones such as diamonds, rubies, and/or any other asset.

I Have received a resubmission remark regarding STK -8 that capital caanot be zero. So while resubmitting the form STK -2, do we have to prepare a revised STK 8 or we can edit the previous STK 8 and submit it again? please reply

Can the transferor company (in case of merger) write its former name after the merger, amalgamation, as New entity name (name- X Limited (formed after merger, amalgamation, takeover)) formerly known as (name- Y Limited) in its financials or other important documents such as Letter head or Legal contracts?
Please guide

What is adhoc hike? When it will be given and why? Will it be given to all Or only few people and how would they select only few people on what basis?

WHICH DIRECTOR ATTENDED AGM -->YES NO, WE CAN ONLY WRITE 1ST ROW , WE CANTWRITE IN 2ND ROW FOR 2ND DIRECTOR,YES NO/NOT APPLICABLE?

INCHECK FORM, ITS GIVING ERROR" PLZ WRITE YES/NO/NOT APPLICABLE AGAINST DIRECTOR2".

IS PDF FORM MGT7A CORRUPTED?

Hello Friends,
Two Months Before I Uploaded All SPICe Forms for Company Incorporation, Unfortunately now it camed for Re-submission of Current Details of Utility Bills and Other Documents , After completing all other procedures i try to uploading but it shows "one of the forms are not prescrutiny" .please help with these.. {note; there is no Cap or Special characters in newly updated form}