We have file Form 25C with ROC which is five years back dated and was not filed till date.

Now, ROC has asked for clarification for delay in filing Forms.

CAn you suggest the sufficient reason for the same.

A partnership firm is converted into pvt co. under part ix of the companies act. can the firm still continue its business even after such conversion. Or should it stops it activities in the firm from the date of incorporation.

Kindly let me know, what are the documents to be filed with ROC Annually by a Liason Office set up India.

Whether the Liaison office has to file:

1) Copies of Final Accounts of Indian Business And
2) Copies of Final Accounts of the Foreign Companies World Accounts.

Please let me know along with due date.

Nilesh Thakker

Please confirm whether a Company name as X Y Private Limited can use its name in official records as X Y P Limited( P instead of Private).
Status of COmpany do not change.

Is any approval of RoC required or it will result in name change??

Hi...

I would like to know what would be teh difference between Pvt Ltd Co and Ltd Co ( Closely Limited Co and not public limited ) in terms of company formation including no of directors, no of shareholders, minimum capital, etc.

E.g. ABC PVT LTD
ABC LTD ( Closely Limited )

Kindly suggest the options asap

Thanks,
Prashant Sawant

Dear Sir/ma'am

The Facts are as follows:

Company A (Indian Company) is subsidiary of B Company (Foreign Company).
A co. has many Companies as group Companies.
B Co has appointed a delegate in India to supervise A Company and A Company's group Companies ( Entire Indian operations). That delegate is appointed as the Chairman for A Company and its group Companies. All the Companies are Public companies.

Query:

1) A Company wants to lend money to its group companies. Will the Section 295(1)(e) of Companies Act 1956 be applicable in this situation?? please help me with case laws.

Thank You.
Regards

A Ltd. is a government company which has declared the dividend on its 4% Cumulative Preference Shares in the AGM held on 09/03/2010 and diposited the dividend amount in the dividend A/c on 14/03/2010 (within 5 days from declaration). On 16/03/2010 company received a letter form the Central Government directing the company not to pay any dividend to the shareholders because Central and State Government is providing grants to the Company for specific purposes.

Considering the directions of the C.G. Board of Directors in there meetind held on 22/03/2010 decided to write a letter to CG mentioning the fact that company has already declared the divided and it is bound to pay dividend within 30 days from the date of declaration.

Board of directors also decided not to pay dividend untill the further clarification of CG in this regard.

Now my question is (it is very unlikely to receive the clarification before the expiry of 30 days) in such situation after the expiry of 30 days whether compnay should hold the dividend amount in the dividend account or it should be transferred to the unpaid dividend account.

Please also advise me whether the decision of Board of Directors to hold the payment of dividend is correct.

whether a partnership firm can take agricultural land ?

is it necessary that one or more or all of the partner should be the registered agri. land holder ?

Hello friedns

I need ur opinion on the following matter :

A listed company has invested in a partnership firm as a partner. The capital account of the Company in the books of the Firm shows an overdrawn balance as at the date of balance sheet of the Company.
What would be the appropriate disclosure in the Company's balance sheet as per Sch VI?

Our company has not filed Balance sheet for continous period of 5 years. Now we want to voluntarily file a petition with CLB for condonation of delay u/s 621 .

Do we have to file petition for all 5 yrs separately or 1 petition for all 5 yrs would be enough?