VIVEK CHANDRA VERMA

Sir/madam,
If an employee work in an institution more than 6 year on contract basis with consolidate salary.
Is he/she is eligible for Gratuity payment?
If eligible for gratuity than what amount should be taken for gratuity calculation ? If there is no basic and DA classified in their salary structure?


Sachin Kumar
22 February 2021 at 14:20

Company Strike Off

Private Company was incorporated in 2018 and had not done any business till now. No E-forms are filed in ROC since incorporation. Company status on portal is active.
Can we apply for strike off without annual filings ?


jimmy joshi
20 February 2021 at 17:43

Pledge of shares of unlisted companies

I want to know the process and things to be taken care of for a pledge of shares of an unlisted company?


DEBASISH BODHAK
19 February 2021 at 21:47

NIC code and Main object

1) Please tell me what will be the NIC code for a stockist of Medicine?
2) If possible please provide me the main object of the same business.


Raj Kumar

Dear SIr/Madam,
A new private Limited Company (Small Company) was incorporated in Jannuary 2021 with Mr.X as director, Mr.Y as managing Director and Mrs.Z as director. Now it came to notice that designation of Mr.X and Mr. Y was wrongly stated in MCA eforms at the time of incorporation; Actually Mr.X was required to be reported as Managing Director and Mr. Y as director.
Now to change the designation, which meeting is required to be held-Board Meeting, EGM or AGM ?
MCA Form DIR-12 is to be filed within 30 days of change in designation and since it does not prescribe any specific attachment relating to change in designation, Which documents should be provided as attachment to DIR12 form. Can single DIR12 be filed for interchange of designation of Mr.X and Mr.Y?

Kindly do the needful at the earliest.

Thanks and regards.


Sreedevi Pillai
19 February 2021 at 11:02

Purchase of land from SC/ST

A real estate private company intends to buy land belonging to SC/ST. However, since the law provides that land from SC/ST cannot be purchased by a person who is a non SC/ST, one of the Directors of the Company will buy the land and the Private Company will pay the money. Land initially will be registered in the name of the Director and then the same will be transferred by the Director to the Company and registration will be done once again in the name of the Company. Is this arrangement valid?


MEENU SHARMA
19 February 2021 at 11:01

Moa for car rental service

please provide


CS Nitish Nautiyal
18 February 2021 at 16:35

Foreign Exchange Management Act, 1999

We are having a listed entity having investment of 9.5% of its paid up capital from B (a Foreign Corporate Body).

Now, B wants to sell the half of its investments i.e. about 4.75% to Mr. A an Indian resident who is also a director of the same listed entity.

Now my query is :
a) Prior approval of RBI is required to sell the investment?
At the time of investment 10 years ago, approval of FIPB was granted to the listed entity.

b) What are the compliance's required to be done?


Minna

Hi, A producer company is registered in Nov 2020 for which AGM is to be conducted within 90 days from date of incorporation . In this case AGM to be made in Feb 2021. So how to close the books of accounts which is to be kept in the AGM as the financial year ends only on march . And whether to conduct another AGM before sept 2021 for closing of Financial year 2020-21.
What all are ROC filings to be made?

Please advice


vivek-bpl
12 February 2021 at 18:43

Resign as director from NBFC

What is the procedure to resign as the Director from an NBFC?
I know we need to update ROC.
Can the application, if any to RBI be initiated by self or does it need to be initiated by the NBFC?





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