SIR,

ONE PVT LTD COMPANY INCORPORATED ON JANUARY 2012. THEY NOT APPOINTED THE AUDITOR TILL NOW. THEN WHAT WILL BE THE PROCEDURE TO BE ADOPTED TO APPOINT THE AUDITOR. IS IT FIRST AUDITOR APPOINMENT OR SUCCEEDING?

If a director tenders his resignation letter expressing his desire to be released from the company with immediate effect, then does that resignation take effect from the date of communication of the same by the director or from the date when the resignation is accepted by the company in Board Meeting?

Sir., I am new to company law matters. One of my client has taken a loan from a nationalised bank , 1.OCC loan., 2.Term loan.,
Now., we need to file form 8 in the ROC for creating the Charges for the above loan.,
My query is .,
Is the manager of the Bank also need to sign the Form 8.,
2.Can we file a single form 8 for the both Term loan and OCC loan
3.What is meant by Instrument(s) of creation or modification of charge and how can we get it.,

Please clarify me sir,,

Thanking you in advance

Whether we can pass circular resolution for approval of cost audit and compliance report or it should be compulsory to be placed before the meeting for approval?

Hi,

Someone may please reply to the following query(s):

ABC Private Limited had paid up capital Rs.1 Lac as on 31.03.12.

Note 1. Company increased its paid up capital to Rs.1 Crore on 30.06.12.

Note 2. 99.50% of the paid up capital is held by foreign holding company.

Consequently, Indian private company became a subsidiary of foreign company.


Query

Should the company while filling Form 23AC say YES
to the field 8.(a) *Whether the company is a subsidiary company as defined under section 4?


Ans : ....................... (please see note 1. above and give reply)


Thanks.

Hi,

Someone may please reply to the following query(s):

ABC Private Limited had:

- paid up capital Rs.1 Lac and

- Reserves and Surplus (negative balance) Rs.2 Crores as on 31.03.12.

- turnover Rs.1.95 Crores.

- no secured loans from banks or any parties.


Query

Whether CARO shall apply to the said company, which has NEGATIVE BALANCE of Rs.2 Crores of Reserves and surplus ?

Ans : .......................


Thanks.

Hi,


Someone may please reply to the following query(s):


Query

Whether Section 274(1)(g) requirement from directors shall apply to all type of companies or it shall not apply to an independent private company.

Ans : .......................


Thanks.

A Private Limited Company has filed DIN 3 for a Director with wrong designation i.e. instead of Managing Director they have filed the form with the designation-Director. Is it possible to file fresh Form DIN-3 by attaching a copy of Board resolution or else what is the remedy?

Please suggest us all possible remedies

what if private company commences business before incorporation.

what are the different legal consequences

can non architect become partners in architect firm??