If a company has two directors, both are related and having interest in a particular contract. Then how can the contract can be entered.
Because interested director cannot be participated in the transactions.
till now we follow WDV method for calculation of depreciation for a private limited company.
now as per companies act 2013, what is a procedure,method & rates we have to follow?
Sir,
A Pvt Ltd Co was having Turnover of Rs. 1.80 Crores and Share Capital of Rs. 20 Lacs as per its last Profit & Loss A/c (F.y 2013-14) .
But in the current year 2014-15 its turnover is Rs. 4.5 Cores till date. Now the company wants to increase its authorised capital. I want to kow whether the status of the co. wiil be small co or other than small co.
Dear Experts,
a pvt ltd coompany registered under companies act 1956, having registered office at Bangalore, wants to open a branch office in Kolkata.
Please clarify me, whether the company needs to pass a special resolution and the same has to be registered with the ROC? & File FORM MGT-14?
Hii all.
Section which are not applicable under the companies act 2013, in their place provisions under the old (1956) act will have to be followed.
My query is:
Is there any MCA circular in this regard?
Thanks in advance
Can somebody provide me draft resolutions & format of letter of offer in word format to issue rights shares by a private limited company u/s 62 of Companies Act, 2013.
What is the Procedure for Appointment of Whole Time Director in Private Limited Company as per Companies Act 2013.
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?
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