Hi All,

Can anyone let me know that,

when shares issue to Non resident lost / misplace, we need to give indemnity to the company.

Where the indemnity bond need to be executed in india / outside india (i.e place of non resident)?

Early reply will be highly appreciated..

Regards

Hello,
According to companies act, 1956 can we charge lower depreciation on machinery. Because the life of machinery is more than 10 years. For that we have to make application to Central goverment. Please can I get Board resolution for it.

IF ANY SHARE CERTIFICATE IS LOST BY THE BOARD OF DIRECTOR BEFORE ISSUING TO THE SHAREHOLDER, WHAT IS THE PROCEDURE REGARDING THIS MATTER FOR THE BOARD OF DIRECTOR ?
IF THERE IS ANY PENALTY , PROVIDE THE SECTION ?

query 1 can company employee (ca) be
director?

query 2 :- how ca can be director ?
what is the procedure?

Dear Sir,

I want to know that " IF first auditor is appointed after 30 days of incorporation of the company in the EGM, which are the compliance which need to be done?

In my case the company incorporated on 04.08.2010.

first Auditor is appointed by the shareholders in EGM by passing ordinary resolution on 01.03.2011

Now i want to know which are the compliance i need to fulfill? Am I required to file any E-form online for this? (just for Auditors appointment / for EGM?)

Regards

Jimin Shah

Pursuant to section 3(1)(ga) of the Sick Industrial Companies (Special provisions) Act, 1985, NET WORTH= (Paid up Capital + Free Reserves)

Whereas, Free Reserves are defined as all reserves credited out of the profits and share premium account but not include reserves credited out of re-evaluation of assets, write back of depreciation provisions and amalgamation.

What will be the calculation if the Company has accumulated losses in the balance sheet of the relevant financial year.

Please guide, if we need to deduct accumulated losses from the paid up capital while calculating Net Worth for a particular financial year.

with best regards
Deepika Bhardwaj
Company Secretary

Dear All

One of our companies name changed on 21/06/2011.
Now my question is:-
Will the balance sheet for the F.Y. - 2010 - 2011(i.e.1st April 10 - 31st Mar. 2011), be made with the old name or new name as the date of signing of balance sheet by the auditors are 21st September 2011.

Request the experts to please reply.

Thanks and Regards

Hi, can anybody share the corporate law compliance checklist of private limited company

Sir,

Right now I am running a partnership firm. We have good future plans for our business like start manufacturing and will also involve in online retail business. So my question here is that I want to convert my firm into Ltd. Company rather for Pvt. Ltd. company. Than want would be the implication for such initative ? My motive behind to convert is that I will get good funding opportunities in future course of my business. Right now I am start-up firm in book trading. In my situation what would be the best practice, a pvt comapny or Ltd. Company? I do not want to go with LLP.

Dear All,

Kindly resolve my query as the company is incorporated on 02.03.2007 and we had filled its 23 AC and 23 ACA but wrongly we entered 30.09.2008 as due date in it and agm date as 02.03.2009. now we have to file 20B for 2008, so kindly tell me that how could i file 20 b and we had filled returns for the f.y. ended 2009, 2010 and 2011.

kindly resolve my query at the earliest its urgent