Respected Members,

I have an urgent query on Loan from individual in to private limited company, request you to please reply to these queries: -

1. Loan received from Mr. X in 2019-20 and filed instead as a loan from director (Mr. Y) to company, later at the stage to repayment realized that payments have to be released directly to the Mr. X. Please advice how to pass correction here and pay directly to the Mr. X in year 2020-21.

2. loan received again in May 2020 from Mr. X in 2020-21 and made him shareholder too in Nov 2020 then how will we treat both the loan while paying in year 2020-21 along with Interest payment.

Please reply as soon as possible.

Hi all,

MCA made the further amendments in Schedule III to the said Act with effect from 1st day of April, 2021.

Here my doubt is whether such amendments are applicable to financial statements pertaining to FY 2020-21 onwards or for financial statements pertaining to any period given after 01.04.2021. Eg : We have to give financials for a 15 month period at the request of client i.e., from 01.01.2019 to 15.03.2021. Whether i have to follow old Sch-III or amended one.
Please clarify.

Can a private limited company has multiple object clauses. E.g. Construction services, Hotel industry and software related work.?

Sirs,
Whether a Private Company (one of its Director being disqualified u/s.164[2]) can apply for FTE Scheme?
Can we file FTE form and even if it is filed, will it be accepted?!

Hello All
Pl guide if we make LLP firm then can we do business of financing or loan giving business.
Regards

If a director used his father or grand father or any of his relatives property as rent free Registered office of a pvt ltd co., then what will be the Proof of Address of Registered office?

Dear All,
I am a director of a newly incorporated company.

I have small query regarding form AOC 5 to keep all or any of the books of account in any other place in India other than the registered office.

Does this other place required to be under the name of the company ?
I mean does it require to make a rent agreement under company's name for the other place to keep the documents?

Or as a director, I can keep them at my home which is rented in my own name ? I anyway have a small office here that I use only for work related to company.

To whom the registered valuer is required

can a mediator is already rendering services to the client can mediate? whether it amounts to a conflict of interest

Please help me with the below queries w.r.t. Striking off a Private limited company
1. when can we do so?
2. process? steps?
3. cost involved?
4. fees CA can charge?

also how we can return the shareholding funds (initial 1 lakh contribution) back to the shareholders?