Sir/ Madam, i am working in a MNC company from last three years, my appointment letter says for a confirmed employee "appointment is terminable by giving 90 days notice or wages in lieu of such notice provided always that should your service to be terminated for any misconduct entailing dismissal, you will not be entitled to any notice or payment in lieu of such notice".
My question is, can I give 30 days notice and 60 days wages against this contract in appointment letter?

what are the implication and rectification steps if the director become disqualified to be re appointed as director.

Dear All,

Please suggest me whether a public company can take deposit from Director's relative or promoter's relative.

Dear friends,

One of our client company, which is unlisted public limited, has extended loan to a sole Proprietorship Concern, owned by one of the directors of that public company.

Does this attracts the provisions of Section 295 of the Companies Act, 1956?

Please advice.

Regards,
Soumya

Respected Sir

We are incorporating a company in May, 2015 with authorised capital 1 cr and issued capital 1 lacs. Preliminary expenses of stamp duty , printing etc paid by a director and his loan remain outstanding in the company.Now they want to close the company under FTP scheme. No business is done till date.How we can close a company.
For example
Capital Rs.1 lacs
Loan from Director Rs 1.5 lacs

Bank Account Rs 1.10 lacs
Cash account Rs .10 lacs
Preliminary Exp 1.30 lacs

Whether we have to issue capital of Rs 1.50 lacs which is outstanding as loan before closure.

Thanks in advance.

in def u/s 2(40) of companies Act 2013 financial statement includes cash flow statements. Does this mean that cash flow be applicable for private ltd companies (not a small co or a dormant co). if yes does this contradicts applicability under AS ~3, Please advice how to go about dis issue?

Can a Pvt Ltd company with cash balance, apply for Liquidation under fast Track Exit scheme? If not, can we distribute the cash to the shareholders and later file an application under FTE scheme?

Dear Sir/Madam,

I request you to please provide the process of getting registered as "registered Valuer" as per Companies Act, 2013.

Dear All,

A pvt Ltd has 2 direcors and a land is in the name of the Pvt Ltd Company

Now the director want to sell the land of the company and Passess a Board Resolution that they they authorise someone else to sign the selling papers in govt dept

Can they do this,is it legal under companies Act

Can Unsecured Loan from HUF be Considered as Loan from Directors as Per (New) Companies Act,2013