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CA Vivek Kasat

This question dates back to the year 2015.

A PVT ltd company in India has 3 directors of which 2 - Mr A & Mr B are foreigners (Mr A is Chairman of the Company) and are at one place only and 1 Mr C is staying in India. It has also appointed a full time Company Secretary Mr D.

On 25th September 2015, Company realised that Financials are to be signed and none of the foreign directors could travel to India and vice-versa.

So, what various options are available to comply with the provisions of section 134 related to signing of Financial Statements by the Company? to be specific with below questions:
the procedures to be followed to comply with section 134, 101, etc as in, in the given conditions -
1) how, where and when to schedule BM for approval of Accounts (certainly with a shorter notice)?
2) who can sign the approved financials & when?
3) how & when to schedule AGM (certainly with a shorter notice and considering Circular 11/2015)


Daya
01 June 2020 at 16:36

How to calculate Gratuity

How to calculate Gratuity
My company is going reduction of Salary BY 50% of total salary . Then how to calculate Gratuity . after Reduction and on Basic salary.
My Salary Was Pre COVID 19 36,905 ( Basic 18452/-) Now after Reduction My total salary is Rs. 18452 ( Now basic salary is 9226) how to calculate Gratuity.


Daya

Please reply my question.
I am working a organization in which some time ( For June 2019 to December 2019 ) there was 11 staff ( For seven Months) Company can not obtain EPF and ESI Registration . can company face any Problem when any employee can raise issue against labor Law. Thanks.


Daya
01 June 2020 at 15:35

Applicable for Gratuity Or Not

I am working in organization as Accounts manager in which staff is less than 10 . My completion of Job Will be accomplished in August 2020 5 Years and also My Ex Director who completed more than Five years withdrew Gratuity . can i eligible for gratuity or not. Please Reply My question.


C.A. Mayur J. Raiyani
29 May 2020 at 18:44

LLP Form 3

Query raised by MCA in Form 3. "Date of agreement is different with e-form."
My incorporation date is 14/05/2020. After approval of FiLLiP, i have purchased stamp paper on 17/03/2020 and prepared initial LLP agreement on that date. I have taken 17/03/2020 as a date of agreement in Form 3. Now MCA raised query regarding date difference. Please help me to get rid of this because i have re-submitted the same form again as directed by MCA help desk.


Renjith.R.s.
29 May 2020 at 16:58

ROC FILING - CHARGE CREATION

Due to recent Covid-19 , whether ROC has given any extension for filing CHG-1 -charge creation- which was suppose to due in April.2020.


Shreyas Bharadwaj
29 May 2020 at 07:07

OPC conversions to private limited

Once the opc is converted to private limited company will it be considered a newly formed company? Will the MOA and AOA change with the formation? I have made some mistakes like not paying rent for my office address (the owner has no objection) and not paying professional tax for a year, if i convert my opc will those mistakes cause problems for the newly formed company in the future?
Thank you for your time.


shinu

Kindly help me to know about the procedure of convertion of sole proprietor ship to company. And also how to bring the land in the name of proprietor to company.. Consequences of not bringing the land.. Gst applicability..


CS Deepa Lakhwani
25 May 2020 at 15:39

Benefits of Listing

Can anyone please tell me what are the benefits for listed company and their losses ?
For Employees Points of View .
For company point of view .
for society point of view
for government point of view
for whole country point of view


Manoj Rajput

Dear Expert,

I want to know in case of Preferential allotment Share can be allotted before receipt of Money from foreign investee, if company do so what are the consequences and also company is in the process of filing FCGPR and bank raised objection on allotment of Share before receipt of money. What can a company do now to file FCGPR validly.






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