Tejaswini somara
12 May 2015 at 18:18

Reserve cpital

meaning & examples of reserve capital please respond fast



Anonymous
12 May 2015 at 18:05

Internal auditor

what are the compliance for resignation and appointment of internal auditor plz reply its urgent


Manpreet
12 May 2015 at 17:16

Related party transaction

Dear All...


I have a query regarding Related Party Disclosure.
"A" Company is providing subcontracting services to "B" Company where A and B co. are related party.

Now, who is required to disclose and pass Special Resolution for the same??


Srishti Shetty

I want to incorporate a new Pvt. Ltd. Company with 3 individuals(Two of them have a DIN).So,i'm filling INC-1,with 3 promoters.Since the promoters/first subscribers to MOA are directors by default,i'll have to apply for DIN for the third promoter.The third promoter doesn't have a valid Address proof due to which I'm not able to get a Digital Signature Certificate or a DIN.

So I'm thinking of incorporating the Co. with 2 promoters cum directors, and then including the other individual as a member.

What is the procedure to add a member to the Co. ?Is there any MCA form to be filled?


TARIQUE RIZVI
12 May 2015 at 15:19

Conversion of 24-q to 26-q

We had paid tds on salary u/s 92-B and accordingly had uploaded tds return in form no.24-Q. Now this is being decided that the said tds now should be converted on tds on interest and 24-Q should be revised as 26-Q.


TARIQUE RIZVI

What is the minimum limit and maximum limit of interest on loan taken from non-executive directors and loan taken from other than directors for the fy 2014-15 as I have to provide the minimum possible interest on account of money borrowed. Please guide me and oblige.


CA Sanjay Baheti

In case of Pvt Ltd Co Acceptance of deposits from Directors are not covered within definition of term Deposit by virtue of section 73 of CA,2013.Hence a company can take/accept loan/deposit from directors during year under audit without complying the Deposit Acceptance rules.However a written declaration in prescribed format has to be obtained from director each time as and when deposits accepted from directors during year under consideration.

Now query is

i) whether this is correct i.e. each time a written declaration has to obtained from director as and when deposits accepted during year or one declaration for entire year is to be taken.

ii) if any there is prescribed format of such written Declaration. if yes then send to me at email id bahetisanjay.2009@rediffmail.com.



Anonymous
12 May 2015 at 13:25

Appointment of director in llp

can any one suggest for appointment of director in LLP which form we have to file.



Anonymous
12 May 2015 at 12:09

Private placement

In case of a private company, if company has received an application money 2 months back but they have not opened a separate bank account & now they want to allot the shares, so is it a non compliance & what will be the way out for this?


Divya Prasad
12 May 2015 at 11:04

Shareholding

There are two shareholders in a company. Mr. A holds 98% of shares and Mr. B holds 2%. Now Mr. B intends to sell his holding to Mr. A, which makes him 100% shareholder in that company. Is this possible?

The company cannot convert itself to one person Company as its paid up share capital is more than 50 lakhs and T/o is more than 2 Crore.

my query is, can the concept of nominee shareholder be applied here? If yes, what is the practical implication of it?

Please assist.






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