Gajendra T.S.

Dear Sir/Madam, Kindly clarify the below doubts w.r.t. depn.under new companies act, 2013 - WDV method; Case: Date of acquisition of asset:� 01.01.2012 Original Cost:� Rs.100000 Carrying amount as on 01.04.14:� Rs.71545 Scrap Value:� Rs.5000 Method of Depn:� WDV Life of the asset as per New Act:� 15 Years � Doubts: 1.������ �As per new provisions of Companies Act,2013, remaining useful life of the asset (n) would be 12 years or 12.75 years? � 2.������ In formula (1-((S/C)^(1/n))*100; ��������� ���������C = ?Original cost? or ?Carrying cost as on 01.04.14? for the above mentioned case.


Gajendra T.S.

Dear Sir/Madam, Kindly clarify the below doubts w.r.t. depn.under new companies act, 2013 - WDV method; Case: Date of acquisition of asset:� 01.01.2012 Original Cost:� Rs.100000 Carrying amount as on 01.04.14:� Rs.71545 Scrap Value:� Rs.5000 Method of Depn:� WDV Life of the asset as per New Act:� 15 Years � Doubts: 1.������ �As per new provisions of Companies Act,2013, remaining useful life of the asset (n) would be 12 years or 12.75 years? � 2.������ In formula (1-((S/C)^(1/n))*100; ��������� ���������C = ?Original cost? or ?Carrying cost as on 01.04.14? for the above mentioned case.


ARTHI
02 June 2015 at 21:16

Retiring auditor

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

A private limited company in the AGM did not appoint the Retiring Auditor and appointed New Auditor.

Note: Retiring Auditor has given his NOC to the New Auditor.

Please advise me, whether the Retiring Auditor has to comply with filing of any E-form with the Registrar in this regard.


Your reply, please..............


Thanks in advance for possible replies from all concerned.



Anonymous
02 June 2015 at 09:06

Moa & aoa

I have a company incorporated under Companies Act, 1956. (Incorporated in 1990). I want to get print outs of MOA & AOA as printed copies are over. There is no change in MOA & AOA, but since incorporation there are various changes in shareholders & directors.

Query 1

What compliance do i need to take care for printing MOA & AOA?

Query 2

At last page of MOA & AOA what details i need to input (Present shareholders of the company OR Initial promoters of the company at the time of incorporation of company)


darshit
01 June 2015 at 18:23

Resubmission of inc 1

I applied in INC 1 with the name Spiral Auto Private Limited. I also used search facilities and found no one has same or similar names in the same business. However MCA asked me to resubmit the form with the remarks "sir,t.m. 1571581 12 'SPIRALE' renault S.A.S. 92100, BOULOGNE-BILLANCOURT, FRANCE Registered, Pl. seek clarification.Form should be resubmitted by 16/6/15 failing which the eform shall be treated as invalid and shall not be taken on records." Now what should be done? I fail to understand why clarification is required of the company registered in France? Pls guide what should be done here whether we should apply with new name in fresh INC 1 or how to seek clarification? Any other option is also most welcome. Thank you


ARTHI

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

A private limited company has two Directors and they are also shareholders of the company.

Both the Directors are Foreigners.

Query - Foreign Director not attended any meetings of the company for more than two years

One Director (who is holding more than 99% of shares) visits the Company once in three months.

However, another Director (who is also a shareholder) has not visited the Company for more than two years.


Please state the non-compliance on the above query and also the remedial measures.

Your reply, please..............

Thanks in advance for possible replies from all concerned.


ARTHI
01 June 2015 at 16:42

Shorter notice consent for agm

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

A private limited company had Board Meeting on 29/12/14 and convened AGM (belatedly for FYE 31/03/14) on the same day.

Company has two shareholders (and they are the two directors too).

Both the shareholders have given their consent for holding AGM at shorter notice.



Please confirm, whether there is any non-compliance in holding AGM at shorter notice.

Your reply, please..............

Thanks in advance for possible replies from all concerned.


SUNIL KUMAR JAIN

A PRIVATE LIMITED COMPANY HAS ONLY TWO DIRECTORS, WHO ARE RELATED TO EACH OTHER AS FATHER AND SON. COMPANY WANTS TO APPOINT ONE OF THE DIRECTORS TO BE WHOLE TIME DIRECTOR. AS PER SECTION 196 OF COMPANIES ACT 2013 BOARD OF DIRCTORS CAN APPOINT WHOLE TIME DIRECTOR OR MANAGING DIRECTOR SUBJET TO APPROVAL OF GENERAL BODY MEETING. IN THIS CASE BOTH THE DIRECTORS ARE INTERESTED IN THE RESOLUTION HENCE RESOLUTION CANNOT BE PASSED IN BOARD MEETING DUE TO LACK TO QUORUM OF UNINTERESTED DIRECTORS . CAN WE APPOINT ONE OF THESE TWO DIRECTORS, WHO ARE RELATIVES OF EACH OTHER, BY PASSING AN ORDINARY RESOLUION IN THE COMMING ANNUAL GENERAL MEETING OF THE COMPANY AS SPECIAL BUSINESS ITEM AND WITH EXPLANTORY STATEMENT U/S 102 OF CA2013. PLEASE ALSO SUGGEST PROCEDURE FOR DOING SO. SUNIL JAIN


Nitin Hotchandani
30 May 2015 at 21:38

Unable to register dsc

Hello everyone, i am trying to update the digital signature of director. but the "select certificate" button is not working and i am unable to select the digital signature certificate ? i have downloaded the java latest version. what should i do ? waiting for your reply urgently


agam bhasin
30 May 2015 at 15:57

Internal audit

whether the internal audit becomes compulsion on company or not






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