amit trivedi
29 April 2014 at 18:31

Corporate guarantee

Can property of the son give as Security in the Company where his father is a director?
Where the son is neither a director nor member?

What would be the effect if, the son is a director or member in the same company?


Ca final student
29 April 2014 at 18:10

Regarding minimum wage

Sir,

I want to ask that can we keep the basic wage lower than he minimum wage?or can we divide the minimum wage into BASIC+ HRA+SPECIAL ALLOWANCEAlso kindly tell me what is the minimum wage of a truck driver and field boys as per Jharkhand Minimum wage for the year 2014?

Thanking You


Priti
29 April 2014 at 17:03

Loan to private company

Sir,

there are two companies (both pvt co.) in which directors are same. Can one of the company borrow loan(unsecured) from other company?? if not a loan can it take payment for 3-5 days??

looking for sooner and proper reply,
thanks


CA Sandeep Biradar

Hi Everyone, I have a query with regard to applicability of public deposits provisions to limited companies. The case is as follows. The company has collected Security Deposits (SD) from their dealers/agents on which it is paying a simple interest of 12% pa. But now there exist some dealers who aren't doing any business with company past 2-5 years but because they haven't withdrawn their SD's, Company is still paying them an interest @12% pa. As per my understanding, the SD got converted to public deposit where sec. 58A of Composites Act, 1956 and Companies (Acceptance of Deposit) Rules, 1975 would be applicable. please confirm whether my understanding is right. Thanks, Sandeep Biradar



Anonymous
28 April 2014 at 21:38

Partnership firm dissolve

we have registered our firm in registrar of partnership and now the firm is dissolved. Whether I need to intimate this to anyone???

To who are all I need to intimate and what is the procedure I need to do to surrender PAN of dissolved firm. 2 yrs I have file IT return. Any help pls....



Anonymous

Dear Sir,

What is the procedure for converting a dormant company into active company as per companies act 2013? Our Company has not filed accounts for last 6 years.


Shubham Khandelwal
28 April 2014 at 12:51

Depreciation

Dep on fire extinguishers as per companies act



Anonymous
28 April 2014 at 11:17

Auditor appointment

Dear Sir

I have been appointed as auditor in the newly incorporated company . i am trying to file auditor appointment to roc
i have downloaded form 23b from mca website and fill the required inforamation after digital signature attached. after all this,free scruitiniy says that form 23b is older version pleas download the new version . i have done twice in the morning but i am getting same error
please help me solve this problem
I also heard that as per CO Act 2013. FORM ADT-1is for appointment of auditor but still this form is not available please help solve this issue



Anonymous
26 April 2014 at 21:53

Branch audit of sec.25 company

A Section 25 company having 100s of branches (Eg:- a church)decided to appoint branch auditors. Each branch head is authorised to appoint the branch auditor. Can an auditor accept the appointment letter issued by the branch head. It is practically impossible to convene a general meeting and appoint each branch auditors? Is such appointment is in violation to provisions of Companies act, 1956? If so, what is the correct procedure for appointment and acceptance of Branch Auditor??



Anonymous
26 April 2014 at 17:25

Llp co can operate in stock market

Is it allowed to a LLP firm to accept funds from their partners and invest in stock market.






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