Dear Experts,
Whether a private limited company required to make a disclosure on Internal Financial Control mandatorily.?
Thanks & Regards
can i have a format of resolution for conversion of unsecured loan to equity shares. its urgent.
Whether a requisition can be taken up for stopping the promoters from interfering in the day to day activities of the companies.
Answer nowDear Sir,
We are a subsidiary company of a company incorporated in Japan. Are the transactions with Holding Company(i.e. Japanese Company)comes under the perview of Section 188 of the Companies Act, 2013.?
I am confusing thet whether Holding Japanese Company is a Company or Bodycorporate a per the provisions of Companies Act, 2013
Thanks
hi
my client wishes to be a partner in a partnership Firm.
He is a practising Dentist !
Is he allowed legally ,ethically to be part of any other bussiness,while actively practising ???
Hello every one i have 2 interesting queries, i would like to know your views on them.
1. As per company act(accounts) amendment any part of rules will not be applicable to company having foreign subsidiary abroad for financial year on or after 1st April 2014.
So question is all unlisted companies will get full exemption from consolidation even if single subsidiary is outside, because if we do plain reading of the section this is what is interpretation or only foreign subsidiary is excluded.
I feel full exemption will be there.
2. Further what will happen if company is subsidiary as per company act but not as per as 21, because because paid up capital includes convertible preference shares there can be situation company holds 60% of (equity + convertible preference shares) but only 10% of equity shares. so whether consolidation will be required or not,
i feel it is not required because it will become absurd.
can anyone provide me specimen copy of all the attachment required for surrender of Duplicate Din.
Answer nowDear Professionals
I want to know that can a Company registered under section 8 of Companies Act'2013 (Previously Sec.25 of CA 1956) become a partner in LLP ??
Please reply and exchange your views and knowledge.
Regards
Ravi Shankar Sharma
Hi can any one suggest me on this:
We want to incorporate a pvt company with 2 individuals and a partnership firm (i.e., total 3). My queries are:
1. Can a firm be subscribers to memorandum.?
2. If a firm can't be a subscriber, can a power of attorney of firm can act as a subscriber to memorandum.?
Our intention is firm has to be in connection with membership.
Thank you in advance.
Respected Sir
We are incorporating a company in May, 2015 with authorised capital 1 cr and issued capital 1 lacs. Preliminary expenses of stamp duty , printing etc paid by a director and his loan remain outstanding in the company.Now they want to close the company under FTP scheme. No business is done till date.How we can close a company.
For example
Capital Rs.1 lacs
Loan from Director Rs 1.5 lacs
Bank Account Rs 1.10 lacs
Cash account Rs .10 lacs
Preliminary Exp 1.30 lacs
Whether we have to issue capital of Rs 1.50 lacs which is outstanding as loan before closure.
Thanks in advance.
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Disclosure on internal financial control