1. Can an NBFC company voluntarily opt for IND AS accounting as per companies Act, 2013?
2. Is there any restrictions as per RBI for voluntarily opting of IND AS?

A co. incorporated on 25/02/2019 and FY ended on 31/03/2019 .only one board meeting was called before end of fy 19-20 . this as per law ? and also want to know that ,First AGM can be called within 9 months..so last date for calling AGM for approval of accounts will be 31/12/2019 ?

What is the penalty for non-intimation for the appointment of auditor by a private company?
AND
What is the penalty if a private company failed to appoint an auditor within relevant time limit?

"A" was a Director in a Company. He had one son and two daughter named as x, y and z. "A" made a "will" and registered with their registrar in 2013. He wrote in the will that the shares held by him in the company will be transmitted to his son "x" and daughter "y" in the ratio of 50% each. "A" expired in 2017. Now his son "x" requested the company to transmit 50% share in his name. He also submitted photocopy of will along with Death Certificate of Father and Mother. Please clarify :

1. Whether 50% share transmitted to the son "x" is or not.

2. If yes, then what the formalities should be done by the company.

Who are the people compulsorily required to be present in AGM

Hello Sir, I urgently required ur advice. our company was formed in 2016 & thereafter no annual return compliance was done. As a result of such failure Rs 160000 fine is imposed on company. my que is can we do annual compliance for FY 16-17 & 17-18 now without paying fine. because we are in short of such huge money as on date & to stop Rs 200 per day fine can we do so...??? or fine is required to be paid before filing. Pls Advice

Sir/Madam,

What is procedure to appoint a Director in a Company Limited by Guarantee not having Share Capital u/s 8 Of Companies Act 2013. Company already has 3 Directors since its incorporation.

Thanks in advance for your Guidance.

What is the maximum time limit for outward foreign remittance against import as per RBI guidelines?

WHAT ARE THE THINGS WE NEED TO DO IF A PRIVATE COMPANY IS GIVING REMUNERATION TO ONE OF ITS DIRECTOR CUM CHAIRMAN RS. 5 LAKHS P.M. AND OTHER DIRECTORS 2.5 LAKHS AND 1 LAKHS P.M. RESPECTIVELY AND ALL OF THE DIRECTORS ARE RELATIVES.

What will be the consequences
As per income tax and as per company act

if Dividend is paid in private company.. more than 1/10 of p.y paid up cap and free reserves and Even dividend tax is been paid on that...