Dear Experts,

ABC private Limited have appointed one additional director Mr. X in the BOD of the Company. Now Company wants Mr. X will be on the Board of the Company and members does not rose any objection and they are ready to regulariise Mr X. in the AGM. Now question arise that, Do Mr. X have to give Rs. 1,00,000/- as an deposit with the Company ?

Kindly through some lights on this query and do the needful.

Thanking you.

While filling Form INC-10 I come across following doubts:-
1. While attesting the photograph, do attesting authority has to sign and stamp on the photograph, if stamp need to be given on photograph than what type of stamp need to be used?

2. Where to mention the address of attesting authority?

3. Are attesting authority and witness are same person, if not than what type of details of witness need to be given?

Please anyone answer my above doubts.

Thanks in advance.

HELLO,
My client company has failed to appoint the first auditor within 30 days of incorporation.
Now, the appointment of first auditor by the members at EGM requires special or ordinary resolution?
Does it attract filing of MGT-14?

Co has allotted shares and the stamp duty on allotment is around Rs. 2 Lakhs. How should we pay this in Mumbai?

Is it e-sbtr or any other option?

Dear All,

Please provide me draft board resolution for adopting Corporate Social Responsibilty Policy and a draft Directors Report of Small Company.

An early reply is highly appreciable.

Thanks in advance

Dear expert,

I have incorporate a company in November 2014, but got my certificate of commencement from January 2015. My query is in this case what will be my financial year ending date?? is it 31/03/2015 or 31/03/2016??help me its urgent.

Hi Team,

One of my clients is having paid up capital of INR 1 lakh and is having an investor to whom he is selling 12.5% stake at INR 30 Lacs. He is planning to bring entire money into company, rather than selling his own shares out of company.
Now I want to know how he can bring in 30 lacs in company with getting involved into capital gain issue.

He might not have desired net worth in current books.

Regards, Gaurav

What is the procedure and formalities for Issue of Shares under private placement.

Thanks.

I have maintained my AOA as per co. act 1956. and there is no specific clause for issue of bonus share, but "The regulation contained in Table `A' Schedule I to the Companies Act, 1956 shall apply to the Company except in as far as otherwise expressly incorporated in these Articles"-this statement is mentioned in my AOA. As per Co. act 2013 you should have specific clause for isuue for bonus share. But in Act 2013 it is written "No provision in this shall not apply to previous law". HENCE DO I NEED TO AMMEND MY ARTICLE TO ADD SPECIFIC CLAUSE FOR ISSUE OF SHARES OR THE REFERENCE TO THE TABLE A IS SUFFICIENT?

Is it possible for private companies incorporated in 2009 to comply with filing for 2010-11,2011-12,2012-13,2013-14 or it require different procedure for taking approval of CLB.