Hi,

Ours is a 1.5 yr old Pvt Ltd company in ecommerce industry. We have an online store that has been doing good with consistent growth. Recently we have agreed upon having a new director on board who will invest 36 lakhs for 1/4th share in the company. His investment will be in the form of monthly payments of 1.5 Lakhs for 24 months.

Below are some details about our company.

Total sale Revenue generated : 1.2 cr

Company's Profit/Loss: - 4 Lakhs

Total paid up capital: 12 Lakhs

No. of current directors: 3 (each having 40k shares @ 10 rs / share)

Our online store has a very good brand value with a strong customer base.

We are not sure about how to issue shares to the new director. According to his investment, we need to issue him shares at a premium of Rs.90. Do we have to pay any tax if we issue shares at premium? If the tax people do not agree to our valuation of Rs.90/share then what happens?

How do we bring his investment into the company and offer him equal share ? Please guide us.

Thanks !

Can any one help me about Provisional DIN. I am going to file DIR 12 but I am confusing about Provisional DIN because as per new Co Act provisional DIN can not be utilized till the DIN is confirmed by the Central govt. Whether DIN generated on challan of payment of DIR 3 (for allotment of DIN) is provisional DIN or Original DIN? Please Clarify


Thanks & Regards
Kundan kumar
CA FINAL
E-mail kundankarnal121@gmail.com
Mob. 9953971785

Kindly let me know whether it is required to file form MBP-1 and Form MGT-14 if director is not interested any where.

If Director is also Director in any other company, Whether disclosure is required?

We want to appoint a director in an existing company but the director proposed to be appointed who was not appointed as director in any other company before .
I want to ask whether is it required to attach form DIR-8 with the form DIR-12

whether there is any restriction under new companies act 2013 to accept money by way of loan (whether secured or unsecured) from relative under private company and also public company...


Thanks

Hi all
I have a query in relation to section 181 of the Companies Act 2013. Suppose a company had made a contribution to a charitable fund covered under section 181 of Co Act 2013, the amount of which was within the limit of 5% past three years average profit.Consequently, no prior approval was required in the general meeting. Now the company wishes to make additional contribution, the amount of contribution made earlier plus amount of contribution proposed to be made exceeds the limit of 5% past three years average profit.
Does the company need to ratify the former contribution made and take approval for the proposed contribution in the General Meeting?

Dear Experts,

Kindly provide me Board Resolution for Creation of Charge and Satisfaction of Charge as per Companies Act, 2013.

Thanks a lot for doing the needful.

Dear All,
1. What is the difference between firm &
Company ?

2. What is the difference between partnership firm & proprietor ship firm?

can private limited company can become propritor? pls reply with example

In publice ltd. company all directors have been resigned. Now for appt. of new directors no any director is ready to affix his DSC. So how can new directors can be inducted on the board?
Please reply.