i would like to know where to fill the loss of reserves & Surplus in form 23ac of roc as per new format of bs as on 31-03-2012

Can A Private limited issue 99% of its holding to a NRI.
Company not deals in restricted area of business like agriculture, real estate etc.
NRI pay share application money from his NRE account.
Is any permission is to be taken from RBI either by Company or by NRI.
Is any document is required to be filed with RBI.
Pl. give expert advice

Dear Friends,

Pls advice me on following:

Money brought by promoters cum directors of a public listed company to repay loan to bank taken by a listed public company, will it be treated as unsecured loan or deposits?

Urgent reply will serve my purpose.
regards.

Raj

Dear experts

My closing stock is greater than opening stock i.e we have show it (-)in changes in fineshed goods. But form is not allowing us to mark negative figure resulting we are unable to show it correct profit.

Pl guide the way forward.

Sir,

One of my friend is director in company. The company has taken a loan 4.5 Years back.

They were asked to create the second charge on assets of the company. First being with the other bank against term loan.

They have not yet filled the form 8 with ROC for creation and registration of second charge.

The other Bank is asking the company to create the charge now. There is already a delay of 4.5 Years.

Please tell me the procedures and the penalty that may be levied in this case.

Please tell me all the penalties. Is there any scheme which we can opt for getting reduced penalty.

sir,
one of the companies i am doing accounts, constituted one and half years ago. They have a loss as per last b/s. But this year they made a profit but not enough to recoup the loss of last year. How'll i show the previous year loss under revised schedule VI? what if the loss is more than issued capital? please help. but sir, when the reserves and surplus itself is more than capital, how can we disclose it? in tally erp9, it is shown in asset side.. is that correct treatment?

Dear Experts

While filling form 23ACA we are trying to fill change in inventories of finished goods which in our case is (-) but form is not allowing (-) and showing error that it should be greater than 0. Plz resolve the issue asap. thanks.

Dear Experts

Pl guide and tell whether Schdule VI is applicable of every type of private and public limited companies. And whether there any exemption for small private limited companies.....

Pl reply on urgent basis. thanks.

Dear Experts

As per new form 23AC , there is selection of CARO and Cost audit applicability.Pl advice in which situations it is applicable and how.

Pl reply asap. thanks.

In case of public limited company in its Article of Association there is no provision for qualification shares for directors. Now this company wants to amend its AOA and wants to insert the provision for the qualification shares. Now my question is that after the amendment what will be the status of directors who are not holding such qualification shares as at the time of their appointment there was no such requirement.

Whether such directors need to acquire qualification shares after the amendment in AOA and if yes, what will be the time limit within which they need to acquire such shares.