Dear Sir,

Company 'A' a pvt ltd company which acquired another pvt ltd company "B' . Acquisition by way of acquiring shares of company 'B' on face value.

What are various compliance under companies act for such arrangement?

A new private company got EPF registration as required during incorporation few months back. The company has no employees so far. In EPF portal after login following information is displayed.

NOTE: My company has obtained EPFO Registration number at the time of its incorporation though the employment strength has not reached the threshold limit of 20 for applicability of the EPF & MP Act 1952. I understand that my company has to start compliance under the Act once the employment strength reaches 20. I also understand that in case my company does not start the compliance even after reaching the threshold limit of employment EPFO may take appropriate action under the Act on receipt of any complaint or information from members or any third party.

After that there is option to choose act applies to my establishment: 1) EPF act applies to my establishment 2) voluntary coverage application as act doesn't apply. These are some queries that I have in this regard.

1) Can the company just leave without doing anything about EPF? (Since it's mentioned in note compliance will be started after number of employees reaches 20)

2) Will there be any penalty for filing nil EPF return (since no employees) for previous months?

Looking forward to your reply. Thank you.

as per notification issued by mca, the due date for holding the AGM had been extended to 2 months(30.11.2021). Consequently the due date of filing the form AOC-4 will be 31.12.2021 and that of MGT 7 will be 29.01.2022. But recently again the notification issued by MCA stating that the levy of additional fee for annual forms extended to 31.12.2021.Please clarify the due date for filing of Form MGT 7 in this regard.

Thanks in advance.

Dear Expert !
My Pvt Ltd is registered in the moth of Aug. 2021 and so far no business activity has been started . Pl let me know which forms to be filled half yearly ending 30.09.2021

A private limited company was liable to appoint full time company secretary since year 2015, but it failed to do required appointment of CS and so company was not allowed to file INC-22A
1) Can company appoint CS in current year 2021 ?
2) Can it file INC-22A after appointment of CS in current year 2021 ?

Please advise ..............................

Sir, I want to know the treatment of expenses incurred before incorporation of a private limited company. Company was actually incorporated on 01-06-2021. But from 01-01-2021 expenses was incurred in the name of the company and that is too met by cash amounting to Rs. 10 lakh. Then how can I account this expenses in the books of account.

Respected experts,

What will be the main division of industrial activity of the Company for social media apps like moj, chingari, whatsapp and instagram.

Does paid up share capital include preference share capital in order to attract sec 203 of companies act of 2013?

Dear Sir,
kindly advise us as to any tax implications in following transactions
1. we have a trustee company X and trust Y
2. trustee company is Pvt Ltd Co
3. we have received expense invoice from in the name of trust but payment made through trustee company by mistakenly
4. we have decided to trust will pay to trustee company same amount as trustee Co. has paid on behalf of trust.

Will it (funds transferred as per point no 4 above) legitimate as per taxation laws ?

Regards,

We are a manufacturing Pvt Ltd Company, This half yearly ( from April,21 to Sep,21) not any outstanding due for MSME related party , we already cleared all 45 days due payment before 30/09/21 . So It is Compulsory for us to Filled NIL MSME 1 Return ?