we have incorporated a pvt. ltd. company.As per companies act 2013, 98 sections are made applicable to pvt. co.. Among these sec 11(2) related to default in complying with the requirements of commencement of business is applicable to pvt. co. or not? And what are the relevant provisions related to commencement of business?
Answer nowIf directors daughter appointed in a company and she is earning salary for every month whether she is entitled for bonus gratuity ??whether she can be treated as a employees for the purpose of bonus and gratuity??
Answer nowIf shares of pvt ltd Company are transferred to members of Building(Sty members).What procedure exactly needs to be followed. plz Guide
Answer now
Hello Experts
One of my Client who is Foreign National Needs DIN no. I Know the Procedure of attesting of Passport and other things.
But my question is how to deal with Annexure 1, Where it should be "affidavit to be notarized in non-judical stamp paper of Rs. 10" which should be attached with DIN 1
Plz plz its very urgent
Dear Experts please help me . i need the rules or draft rules under companies act 2013 for resolution by circulation . please tell me from where can i get whole set of draft rules
Answer nowHello Members,
I want to know that, i have to incorporate a company of paid up capital of 2 crore and the proposed director desires to bring its own asset/property and transfer this to company without consideration in order to fulfill the capital of Rs. 2 crore.
Is it mandatory to bring capital other than cash in case of Private limited company.?
Kindly update me on this urgent basis.
Thanks
Dear Experts,
A private limited company iS making its books of accounts for 12 months since incorporation. Now it wants to extend its accounting period upto 15 months,
(i) Do a prior approval of ROC is required for it?
(ii) what are the formalities need to be fulfilled for extension of the period upto 15 months?
(iii) Can these 15 months be reduced to 12 months again in next financial year?
Thanks
Dear Experts, Please Provide me the formate of Application for cancellation of DIN due to death of Director.
Thanks In Advance to all The Experts
If we make royalty payment on suppose 2.5% on sales velue, do we need to reduce the Imported raw material Components and other bought out items value while computing royalty, pls advise eg as under
if sales is 10000 royalty @ 2.5% = 250/-
if material used in above material sold is
imported material used is Rs 80/-
indeginous material is Rs 30/-
Total material used Rs 110/-
the eligible royalty would be Rs 140/- (250 less 110/-)
Pls advise
HEY!!!
I JUST READ SECTION 144 OF COMPANY ACT 2013. IT SAYS..
An auditor appointed under this Act shall provide to the company only such
other services as are approved by the Board of Directors or the audit committee, as the case
may be, but which shall not include any of the following services (whether such services are
rendered directly or indirectly to the company or its holding company or subsidiary company,
namely:—
(a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
(h) management services; and
(i) any other kind of services as may be prescribed
I JUST WANT THE KNOW WHAT DOES THE WORD "THE COMPANY" MEANS .. DOES IT MEANS ALL COMPANIES OR ELSE DEFINED SOMEWHERE ???
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Provisions related to commencement of business