what is the income tax rate for private limited company earning income from foreign clients through paypal?
Dear All,
I have to increase the authorised share capital of the company from Rs. 1.00 Lacs to Rs. 500.00 Lacs can any guide me for the procedure and expenses to be incurred for the same under Companies Act 2013
Waiting for an early response
I AM A DIRECTOR IN PRIVATE LTD.CO.WITH 15% SHAREHOLDING THERE ARE OTHER TWO DIRECTORS WITH 15% AND 48% SHAREHOLDING. THE OTHER TWO DIRECTORS HAVE APPOINTED SOME OUTSIDER TO RUN THE WHOLE COMPANY WITHOUT MY CONSENT AND KNOWLEDGE. BEING A DIRECTOR WITH 15% SHAREHOLDING THE PERSON WHO IS APPOINTED TO RUN THE WHOLE COMPANY BLUNTLY DENIED ME ANY INFORMATION REGARDING THE COMPANY RUNNED BY HIM AND TELLS ME THAT IF I REQUIRE ANY INFORMATION REGARDING THE COMPANY I HAVE TO ASK THE OTHER TWO DIRECTORS WHO ARE NEVER AVAILABLE.HE ALSO TELLS ME THAT I AM NOT ALLOWED TO CONTACT ANY PERSON WORKING IN THE COMPANY FOR ANY INFORMATION OF WHOM I AM A DIRECTOR AND A SHAREHOLDER AS HE HAS BEEN GIVEN FULL AUTHORITY BY THE OTHER TWO DIRECTORS.
I AM A DIRECTOR IN A PRIVATE LTD.CO SINCE 2007 WITH 15% SHAREHOLDING SINCE ITS INCEPTION I HAVE NEITHER RECD. ANY CORRESPONDENCE REGARDING THE BOARD MEETINGS NOR THE RESOLUTIONS PASSED. AM I ENTITLED TO RECEIVE A HARD/SOFT COPY FOR THE MINUTES AND THE RESOLUTION PASSED SO CAN I OBTAIN A HARD COPY FROM THE COMPANY AS A DIRECTOR. THE MINUTES WERE NEVER CIRCULATED AND ALL THE THINGS WERE MANUPILATED BY THE OTHER TWO DIRECTORS WHO ARE THE MAIN BENIFICIARY WITH VESTED INTEREST AND WANTED TO KEEP ME OUT
I am trying to incorporate small company.
While filling form INC-22 & DIR-12 it shows error that "Signature field for Practicing Professional is unsigned"
I have tried using downloading new forms many times
Also tried by typing as well as copying but it shows same error.
Kindly help us to resolve it.
Regards,
CA Mahavir Shah
M : 09429200851
Experts Please help me to know about the implications of running a company by using the words private limited without getting registered with ROC?
Is ROC can take any legal action against the person(Director) of the company? if yes then what will be action and procedure?
Is companies act 2013 applicable for CS executive decembr examination???
Dear Sir,
Whether a holding company(Public company) can give interest free loans to its Subsidiaries / Wholly owned subsidiaries under Companies act 1956.
Thanks in advance
CA Rajeev Kumar
I AM A DIRECTOR IN A PRIVATE LTD. COMPANY WITH 15% SHARE HOLDING THERE ARE OTHER TWO DIRECTORS WHO HOLD 15% AND 48% RESPECTIVELY IT BEING A FAMILY CONCERN THEY ARE TRYING TO SIDELINE ME. THE HAVE NEVER EVER CONDUCTED ANY AGM NOR THERE IS ANY BOARD MEETING SO THE QUESTION OF MINUTES DOES NOT ARISE BUT STILL THEY HAVE MANIPULATED ALL DOCUMENTS REQUIRED FOR THE ROC.THEY HAVE ALSO APPLIED FOR AN OVERDRAFT FACILITY WITHOUT MY CONSENT OR APPROVAL. I HAVE NOT SIGNED IN ANY OF THE BANK PAPERS WILL I HAVE TO BEAR ANY FINANCIAL LIABILTY ARISING FROM NON PAYMENT OF LOANS TAKEN FROM THE BANK IF SOMETHING GOES WRONG.
THE BANK HAS ISSUED A LOAN AND A PERSON WHO IS NOT A DIRECTOR HAS SIGNED IN THOSE DOCUMENTS WITH THE COMPANY SEAL AS BEING A DIRECTOR IS THIS A FRAUD AND CAN ANY ACTION BE TAKEN AGAINST THE OTHER TWO DIRECTORS AS WELL AS THE BANK
Hi,
As per Sec 173 of CA 2013, where Board meeting is held at shorter notice and in absence of Independent Directors, the minutes has to be circulated to all the directors & shall be final only on ratification by Independent Directors.
In the above case, where co. is not required to have ID then minutes shall be considered as final by circulation or it should be ratified by all Directors (whether present or not in the BM)?
Regards,
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Income tax rate for private limited company