I have a Private Limited company and was Renting an office. Now with Lockdown I am not using an office and I and my Staff are working from respective home. I need to have registered office address for MCA and GST. I have three options, Please advice if any are legally compliant.
1) My previous landlord has allowed me to keep letterbox outside his office.
2) Virtual Office at co-working spaces
3) FlexiDesk at co-working spaces

Hello,

I have filed RUN application. MCA has send names for resubmission. Reason mentioned was - "Proposed name is recommended for approval subject to liability under section 447/448 & 16 of the Companies Act 2013."

Can someone help with this ? What exactly is to be done ?

Thank you

In DPT 3 we have to fill up free reserves column, is this free reserve amount should be that of previous year 2019 balance or current year 2020 balance, please tell me.

R S Sai Kumar

Mr. A has taken loan from Mr. B of Rs. 100000/- and has repaid part of the loan of Rs. 50000/- to Mr. B through a Company M/s XYZ Pvt. Ltd. in which Mr. A is a Director. Whether such payment shall be considered repayment or not. Is there any consequence to be faced by the company or Mr. A in the above transaction.

Please guide.

While filling yearly Return of DPT 3 in point "h) Any amount received from a person who, at the time of the receipt of the amount, was a director of the company or the relative of the director of a private company", which amount to be filled - whether amount received during the financial year or amount outstanding as on 31st March,2020.
Since in the heading it is mentioned that "Particulars of receipt of money or loan during the Financial Year 2019-20 by the company but not considered as deposits in terms of clause (c) of sub-rule 1 of rule 2 of the Companies (Acceptance of Deposits) Rules,2014 and outstanding at the end of financial year i.e. on 31.03.2020"
Kindly resolve the issue as early as possible

Pls. clear me what is optimum figure for authorized capital? even though it starts from 1,00,000 onwards what would be the long term impact if i put 10,00,000 in place of 1L as authorised capital (except number of shared). Whether it will impact anywhere in future like balance sheet, repayment if company goes shut, any other legal criticalities? where are all it will reflect exactly?

When is MGT 14 required to be filed?
Is it required to be filed when FS are adopted in AGM?

Under the companies Act 2013, can a chairman and Managing Director be a same person for a Unlisted Public company whose paid up capital is more than 10 cr. ? Please suggest.

Hi,

In Case of Change of Designation from Director to Managing Director in Unlisted Public Company whose Paid up capital is more than 10 CR. so Company Required to File MGT-14 to ROC. So Please suggest that which section should company mention in E-Form MGT-14. ( Section 117 or Section 179 (3) ) . Please suggest,

Sir,
The date of Incorporation of Co. is 25.01.2019 and the bank account of the company was opened on 17.11.2019. The company did not file Form INC-20A within 180 days of incorporation as required by Companies (Amendment) Ordinance, 2018.

Now it wants to file the same under cfss. In this regard I have following queries:
1. Can we attach the bank statement in the form if date of commencement is shown as 01.07.2019?
2. Or we have to show resolution date after bank account opening date ? (In this case condition of 180 days not fulfilled)

Please suggest urgently.