Is there any need to change the Articles of Association of an existing Pvt. Ltd. Co. under New Companies Act 2013? And explain the procedure also.

Dear Sir/Mam

As per new companies act share application money pending allotment has to be either refunded or allotted or to be treated as unsecured loan.
My question is what are the implications of treating such application money as current liability. Can a company do so or it has to be strictly treated as unsecured loan?

Thanks and Regards
Drishti

Hi Expert


I have formed Pvt Ltd company for One of My Client in Dec 2013 with Issued capital of Rs . 27,00,000 , now one of director who has subscribe 50% share , is in Liquidity crunch and wishing for payment in August 2014,

I want to know whether there is any limit for making payment for share which is allotted during the company Formation.

Hoping your support as in every query in past

Thank you

Dear Experts,

Will CSR as per new companies act 2013 applicable on Indian companies or also on Foreign companies??? please tell me its urgent.. foreign companies like branch office liaison office??
This foreign company means including the foreign companies having place of business in India also???

as in the definition it is state that “company” means a company incorporated under this Act or under any previous company law;

so basically the "Every Company" should relate with the companies incorporated in India??
Please clarify??

Thanks in advance
Best Regards

Hi,

we have pvt. ltd company. registered in aug,2013.
we would like to replace the directorship of the company with new directors. Currently we are four directors, and want to replace our directorship with our relative names. Just to hide our names from the company directorship page/info. So, it will not affect our present job.
what is the procedure?
Thanks

Hello all of you.

I have a query, regarding having corporate office by a company.

1. what is meaning of a corporate office?

2. whether a PVT LTD co. is required to pass any resolution to make a corporate office?

3. whether co. is required to intimate to ROC about its corporate office?

4. whether Service Tax & TAN Registration can be obtained on corporate office?

kindly acknowledge my query and give your valuable suggestions as soon as possible.

Thanks & Regards

Dear All,

Ours is a private company outside the purview of section 139(2). My query is are we required to appoint the retiring auditors in the coming general meeting for holding the office till the sixth agm from that meeting or for the remaining agms left after calculating the no. of meetings as per section 139(1).

Thanks

after new rules as on 1.4.2014...what vl b d treatment or compliance for loan already taken from shareholder or relatives prior to 1.4.2014?? can we continue them or v hv to repay them??

(I)
section 42 read with rule 14 of Companies (Prospectus and Allotment of Securities) Rules, 2014, is this section applies to pvt ltd company?

and if a shareholder is director in pvt ltd co then can company accept loan from him?

thanks

our client come for company incorporation in the name of " KRISHNAS SOFTWARE " IT IS POSSIABLE FOR INCORPORATION AND THE MCA WEBSITE IS REJECTED PLEASE ADVISE ME