Dear Experts,

One of my client company has allotted shares to Overseas Citizen of India by receiving payment for the same through NRO Account.

Kindly advise whether Form FC GPR is required to be filed with RBI.

Further in case the Overseas Citizen of India wishes to transfer shares to non-resident, kindly tell the procedure.

Plz tell me if companies act 2013 is applicable for Nov 2014 ca final exams?

one Company and Proprietorship Firm
director and proprietor are same person
he want to withdrew money from company
please suggest me how is made for transaction

Can any body help me in getting the format of resolution for disclosing the interest by director which is to be filed after the 1st board meeting of a company in a new financial year as per new company act 2013

What is the Difference between Board meeting and general meeting? When they conduct

Dear Experts,

I have a Client who has incorporated a company in 2007, but the company has not filed any other form or there was no other activity since then and there were no annual filings till date. Now the management want to regularize and file all the annual filings till date.

But when am trying to view signatory details of the company it is showing an error that the company is in default in filing DIN 3 or DIR 12.

Please advice if we have to file Form DIR 12 because there is no other form instead of DIN 3 and whether:

1. Do we need to get consent letter from director?
2. The company should also pass a resolution in the Board Meeting for filing the form.
3. if yes, whether both should be attached to Form DIR 12?

Please consider and advise.

Thanks in advance.

Regards,
Soumya

A company registered in May 13 year wants to increase authorized capital in July 14. For this MOA which has capital clause is being amended to show the innceased capital to file with ROC.

Question:

There are many clauses in MOA which makes reference to old companies Act 1956. Should those clauses also need to be changed (Sections etc) in view of new companies Act 2013 which has come into effect from April 14?

Regards,

Anil.

A private company has been formed. Two people have signed the MOA saying they will subscribe to Rs.1 Lac worth of shares. But they have put in only Rs.50,000 together in the company. A third person who is not subscribed to MOA has invested 50,000. More than a year has passed since incorporation and no return of allotment is filed with ROC. In this regard I have following questions:


Queries:

1) Should the auditor treat Rs.1,00,000 received as loan since no return of allotment has been filed with ROC?


2) If the answer is yes, then it would result in no paid up share capital in the B/S. In this case should the Auditor qualify his report? If yes , what should be the wordings for qualification?


Please answer above questions separately for each question.

Thanks

How much time is enough for studying company law in detail .. I have 5 months in hand.... But i am preparing for other subjects also.... I read somewhere that 7-8 days enough for this subject... Is it possible?

What are the major changes in law and audit for CA-final november 14 attempt. What are the changes made by new companies act 2013 and which sections are applicable for the attempt and which chapters are changed. Will I have to purchase new books for both the subjects because I have the books for May14 attempt?