harsh jain

Can a Charitable/ religious Trust be a company?
also tell relevant section /provision for the same.

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Swastik Upadhyay
02 July 2012 at 20:30

Can ngo do business?

I have an NGO.
I want to do financing through tht NGO. I mean giving loan to people at low interest rate under my NGO. Is it possible?
Thanks
Swastik

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Dillip Kumar Panigrahi
01 July 2012 at 22:03

Distance learning corporate law

I am M.Com, LL.B. Now in Govt. service. Interested to pursue a recognised course in Corporate Law - six months/ one year duration through distance learning. Pl. suggest important recognised institutes/universities. Thanks & regards.

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Nisha Patil
29 June 2012 at 15:06

Companies bill 2012

will the sanction to the companies bill 2012 by the parliament have an effect of repealing/ rendering the Companies Act 1956 non-applicable ??

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Anonymous
26 June 2012 at 12:18

Share certificates

Dear All,

We have incorporated an IT Co. (Pvt. Ltd.)
and now we want to issue shares to the subscribers.
my query is, what is the general practice of professional CA, CS in this respect?
do we need to get printed share certificate book (name of Co., regd address, and all matters etc.)and then issue shares filling up details like name, no. of shares etc. with pen and then issue or we shall print entire share certificate at the time of issue and no need of share certificate book.?
i have seen people print share certificates on card sheets as per requirements in their offices, so what is correct method?
in our Co. there are only 2 Directors, so to whom we can appoint authorised signatory? or only 2 signs are sufficient?

kindly help in this regards.
thanks in advance

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Anonymous
26 June 2012 at 10:49

Authentication of accounts

Is it must that the accounts should be authenticated by MD or two directors shall suffice.What in case MD is out of country

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Sathyan Avinash
25 June 2012 at 10:43

Acceptance of deposits

Dear Experts,

Kind Attn : Mr. Ankur Garg

I see many companies offering attractive returns on moneys collected by them (they say that the money invested will double in 5 years to be exact).

One such company's representatives persuaded me to make an investment decision and hence i did some due diligence work on the Company on the MCA -21 portal.

I was shocked to find that in the Auditors Report, the Auditor has stated that the Company has not accepted any deposits under section 58A of the Companies Act, 1956 ( I personally know some people who have been investing in that company for about 3 years as a Recurring Deposit of Rs 1000 per month).

On scrutiny of all the available data of the Company in the MCA -21 site, I found that the Company in its financial statements, never expressed its intention to accept public deposits.

Further the reason why the Company became popular among the people was that the commission it offered to one who collected the deposit.

Now let me ask you one thing, what is the fate of those who invested in the Company ?

Is there any competent authority to whom an official complaint can be lodged so as to protect the investors interest before it becomes a case of embezzlement of public money ?

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Anonymous
24 June 2012 at 22:45

Acceptance of deposits

Dear Experts,

Kind Attn : Mr. Ankur Garg

I see many companies offering attractive returns on moneys collected by them (they say that the money invested will double in 5 years to be exact).

One such company's representatives persuaded me to make an investment decision and hence i did some due diligence work on the Company on the MCA -21 portal.

I was shocked to find that in the Auditors Report, the Auditor has stated that the Company has not accepted any deposits under section 58A of the Companies Act, 1956 ( I personally know some people who have been investing in that company for about 3 years as a Recurring Deposit of Rs 1000 per month).

On scrutiny of all the available data of the Company in the MCA -21 site, I found that the Company in its financial statements, never expressed its intention to accept public deposits.

Further the reason why the Company became popular among the people was that the commission it offered to one who collected the deposit.

Now let me ask you one thing, what is the fate of those who invested in the Company ?

Is there any competent authority to whom an official complaint can be lodged so as to protect the investors interest before it becomes a case of embezzlement of public money ?

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Ca Subhash Kumar
19 June 2012 at 13:42

Network/multilevel maketing company

Hi,

I need to form a multilevel marketing company?

Is it possible to have name like

PRAKASH FUTURE NETWORK MARKETING PRIVATE LIMITED
PRAKASH FUTURE VISION NETWORK MARKETING PRIVATE LIMITED
FUTURE NETWORK MARKETING PRIVATE LIMITED
FUTURE CONCEPT SALES AND MARKETING PRIVATE LIMITED
FUTURE MULTILEVEL MARKETING PRIVATE LIMITED

Is there any provision to restrict/regulate
Multilevel marketing/network marketing company?

Thanks in Advance

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Surbhi Goyal

Please let me know....
What are the powers of member to see Annual Returns of the Company and of how much period he has a right to see the returns ???
As per my view member can see only last five years annual returns... Please correct me if I am wrong.....
Reply as soon as possible !!!

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