Dear friends,

a private limited co. in which two director are equally hold share capital of Rs. 50000/- each . one director on them want to transfer his share capital to second director and also wants to resign from director office.

my question is whether the director who wants to resign and transfer hi share is liable in future for any activity done by the company in past before his resignation.

Thanks

Hello Sir/Mam
I need a clarification on Schedule II depreciation rates.
For a company which was formed only in 2014,can I divide the cost of the asset by the useful life prescribed under the new schedule for arriving at the depreciation?

Or am i supposed to use the formula ((1-(residual value/WDV)^(1/remaining useful life))*100%

REGARDING DIR-5 THAT MY CLIENT IS A DIRECTOR AND HE IS EXPIRED NOW, SO WE HAVE TO FILE DIR-5. AND OTHER DIRECTOR OF THE COMPANY CAN SIGN INSTEAD OF HIM IN THE DIR-5 AND RD-1 FORM..NEED TO RESOLVE THE QUERY AS SOON AS POSSIBLE.

What is the useful life of Library Books maintained at educational institutions as per Companies Act, 2013?

Thanks in advance.

A private company wants to change Situation clause as well as Object clause at the same time ,can the co. pass single resolution and file single MGT 14 with the ROC for the same.

Hi

I Need to know the procedure for cancellation of DIN.

I have three directors out of which one director is expire, so how to cancel the DIN and what forms are required for this

Sir

I was using depreciation rate of companies act 1956 as per WDV method. Now can anybody tell me the useful life of those assets in terms of year. For eg if rate of furniture & fixture is 18.10% then what is the life of furnitre in terms of year.

I need it for every asset and also the calcultion way

After change of name of a private co. till what time a company is required to mention its old name on variours documents.

A pvt. comp appoint a person in 2011 and he continues till date and Form 32 was filled for him in 2011 mentioning Designation as director and category professional.

1. Can Board appoint director with Designation as director and category professional. Sometimes as category as promoter to person other than subscribers).
2. Was there any need to regularize his appointment by shareholders in EGM or AGM.
3. Was there any need to file Form 32 after regularize his appointment by shareholders or as filed above is OK
Pl resolve it as per comp act 1956
Girish Garg

what are the outcomes and penalty if a company hasn't done ROC annual filing for more then 3 years and how such issue can be resolved.