cost of assets Rs.8223/-

remaining life of assets is nil as per schedule 2 of companies act 2013.

WDV as at 31/03/2014 is Rs.121/-

what is the treatment of above in books

The company is following WDV method as per CA,56 but not as per as per CA,13 it depreciation has to be based on useful lives which is SLM method. Now as per AS-6 when method of calculating depreciation changes it has to be re-computed from the beginning. But as per Companies Rules only WDV on 1.4.14 has to be depreciated over remaining useful lives . So what will prevail AS or CA,13 ??

A director in a newly incorporated nidhi company has been appointed. But he is not subscribing its shares. Is there any provision to remove him from the Company...???

Thanks in advance.

B Pvt Ltd -paidup share capital-60cr, Turnover -140cr,borrowings-60cr. B pvt ltd is a subsidiary of A Ltd which is listed company ,then what is the consequence under the 138 of the companies Act 2013

Legal Query I have formed Newly Incorporated Private Company for software related services, I will be providing my services on basis of project fees as it is done. Point is that there are 5 of my clients who need to hire our Company as their IT departments in return of providing me 15% shareholding in each of their firm This shareholding is I am ready to accept. Now what will be Compliance Related Procedure and taxes applicable or if put in single sentence-What will happen next? is this a viable option? I'm 100% on board with it. If not possible can we do businees as a Joint Venture or Associate what will be next possible choice

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

A Private Limited Company having two Foreign Directors. Both are shareholders too. Their stay in India is less than the stipulated period.

Query

Is there any penalty for the company, if it's not appointing a Resident Director?

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


Thanks in advance for possible replies from all concerned.

Can a new private company issue debentures (whether secured or unsecured)?

Dear All,

Kindly clarify that if a private company has given loan to director and his relative at the time when old companies act was there, whether such director and relative have to repay that loan immediately ?

I am in process of filing GNL-4(addendum) for filing the affidavit that the co and directors shall not accept deposits unless complied with the applicable provisions of various act. I query is that in form GNL4 in point no 7 we have select the type of document from the drop down but in the drop down there is no such option for attaching affidavit can I select others and proceed? In the help kit it given that "Attachments of all the eForms shall be displayed in drop down menu having ''Others'' as one of the values.". please suggest.

EX:Declaration

authorized by the Board of Directors of the Company vide resolution number 0005
dated_______(DD/MM/YYYY.

I have doubt about form filling above mention that is resolution number 005 dated ______ which date mention in particular place. before 21 days from hold meeting, resigning etc., OR when director signed in specific letter.

is it applicable to all forms

please can anyone explain about resolution date.