Depreciation rate Prescribed in Schedule II is applicable Prospectivey or retrospectively..

Case:Due to Death of One of the Two Directors in Private Ltd. Company the number of directors have fallen below the Statutory Minimum.

Is there any Time limit under which the New Director has to be appointed to bring the number of directors to Two?

If Yes,under which Section of Companies Act, 2013

Earlier Sec 180(1)(c) was not applicable to the pvt. cos. but now it is applicable. One of my pvt. co. is already having borrowing exceeding aggregate of its paid up capital and free reserves.

What would be the remedy for this situation?

I am trying to understand the formation process of NBFC, and know the firstly we have to form a company i.e registering with the ROC and then once formed, we have to apply for registration with the RBI

Do we have to take prior approval from RBI while filing Form INC-1 (application name) for NBFC ? Could you please elaborate the procedure to me in specific.

Also the capital needs to be 200 Lacs for NBFC Co. what are the other requisites wrt no. of directors etc ?

Which section talks about the implementation of Risk Management Policy under companies act

Dear Member

"HAPPY HOLI to ALL"

can anyone tell me how to get registered under section 620a of companies Act 1956 ( Section 406 of C.A 2013)

and along with the procedure please also tell the requirement and criteria of registration.

As per Section 62(3) if a Company pass a special resolution to convert Unsecured loan into Equity shares then whether it is compulsory to treat this as a Private Placement and issue Form PAS 4 to such person for allotting equity shares against unsecured Loan? Please guide ASAP.

can any one tell me the maximum number of directorship in companies? (pvt + public)

Dear friends,

I am in the process of change of company name and objects of the company under roc bangalore: Now INC - 24 has came for re-submission : asking for "declaration that the company has not defaulted in payment of matured deposits/ debentures and interest thereof " as required under rule 29(1) of the incorporation rules 2014" Please do provide the format as last date for re-submission is very near. kindly help please

Dear friends,

I am in the process of change of company name and objects of the company under roc bangalore: Now INC - 24 has came for re-submission : asking for "declaration that the company has not defaulted in payment of matured deposits/ debentures and interest thereof " as required under rule 29(1) of the incorporation rules 2014" Please do provide the format as last date for re-submission is very near. kindly help please