Dear Experts,

My client is a PVT Ltd company having 5 cr Paid up capital. As per Law, company have to hold 4 Board meeting in a year. But company have hold only 3 BD.

Please advise where company have to report this non compliance ? in Auditor report or Director's report or in XBRL filling or else.

Please advise

Regards,
Vijay Jain

format of the resolution to appoint cost auditor to issue compliance certificate

Share Capital clause in AoA is written as

"The Authorised Share Capital of the Company is Rs.1,00,000/(Rupees One Lac) divided into 10,000 (Ten Thousand) Equity shares of Rs. 10/(Rs. Ten only) each, capable of being increased or decreased in accordance with the company's regulations and legislative provisions for the time being in force in that behalf with the power to divide the share capital whether original or special rights and connections in such a manner as may for the time being be provided by the regulations of the company and allowed by law. The minimum paid up Capital of the Company shall be Rupees one Lac only."

The Company now wants to increase the authorised share capital.

My query is that
1. We have to alter the AoA with SR and file Form 23.
2. After filling Form 23 alter the MoA and file form 5 and then we can issue new shares.


Thank You.

Whether Trust, Society, Sole proprietorship are covered under definition of Body Corporate under Companies Act, 1956?

Please reply?

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Can i submit the details of all 60 private company in the provided link

Can a Private Company make Selective issue of Bonus Shares to only few equity shareholders and three fourth majority of the class agree with the same; and a clause in Articles of Association for issue of Bonus Shares, in terms of Section 106 of the Companies Act, 1956.??
Reliance Power back in 2008 have contemplated and did a similar thing wherein Promoter shareholder refused to accept the Bonus Shares, but in this case, the same is not possible.
Is there a way out and can such selective bonus be effected??

The (Revised) Schedule VI requires to disclose the default in repayment of loans to banks/FI continuing on B/s date in case of Long-term & Short-term debts. What is to be understood as "default" here? Whether a minor delay of 5-7 days in payment of EMI due on B/s date should be disclosed? Please explain the clear meaning of "Default" in this context.

Dear All,

Can anybody provide me MOA and AOA of a Pvt Ltd company dealing with trading of Optical lenses.

Thanks in advance

Dear Expert..

Plz clear our doubts regarding appointment of Cost Auditor.

As i have got cost audit of their cost records of F.Y. 2012-2013,so, when i have to appoint cost auditor ...