Can we claim Depreciation on machinery only on the basis of Trial run but no commercial production start as per co-act
Hi Sir/Madam,
Can you please provide me MOA objects on Collection agency for bank personal loan and credit card. Please help me, your each response will be highly appreciated and helpful to me.
Thank you.
Dear Experts,
Kindly advise on the below doubts:
A Private Company has its own Registered Trust through which it is making CSR Contributions:
1) The Company pays a lumpsum to the trust assuming, Rs. 30,00,000/- for CSR Activities, out of which the trust spends Rs.20,00,000/- on CSR Activities. When it comes to approving the contributions by the Board and recording the same in the board minutes, will the Board approve contribution for Rs.30,00,000/- which is the amount given to the Trust or Rs.20,00,000/- which is the amount actually spent by the Trust?
2) Whether payments/donations made to other trusts by the Registered Trust of the Company be taken as CSR Contribution?
3) Company has given scholarships to 30 engineering and medical students belonging to different colleges. Is it acceptable as a valid CSR Contribution?
Thanks
In case of casual vacancy of auditor of a Pvt Ltd company:
(1) whether MGT-14 is required or not? (as in ADT-1 there is no place for SRN of MGT-14)
(2) In ADT-1 point no. 5(a) Whether auditor(s) has been appointed in the annual general meeting? Yes/No. (as the casual vacancy is filled in EGM)
Hi,
Does board meeting need to be held and board resolution need to be passed mandatorily for sale of any fixed asset of private limited company?
please provide me object clause for company having object as Providing admin and back office support services to Australian mortgage broker i.e. loan processing, client liaison.
what is the additional fee for late filing of DPT-3?
Sir,
Can initial share capital be paid in kind? suppose 10 person wants to create a company and wants to transfer land in the name of the company as share capital. is this allowable?
In a company with two directors (both shareholders), 1 director wants to exit from directorship and also sell the shares. Since Pvt Ltd n3eds minimum 2 directors first Board will appoint an additional director at BM (this additional director is spouse of director who will stay back) and then director who wants to exit will resign.
Now my query is:
1. Will additional director be counted for minimum 2 directors limit in pvt ltd. Since he holds office till AGM, during AGM there'll be only one director right? Isn't this non compliance?
2. Are there any filings or declarations to be done in case directors are related (like husband and wife)?
Thank you friends.
Sir/Madam
Kindly provide guidance
Additional Director appointed on 01/09/2015 and not regularized till now. Showing as an additional Director in the Company on the ROC portal .
Now how to regularize this Additional Director .
Or what steps to be taken?
Please provide your able guidance
Thank You in Advance.
Depreciation on machinery