What would be the consequences if private company has taken unsecured loan from the person who are neither directors of the company nor their relative? What penalty can ROC maximum charge? What is the way to come out from the penalty?

Dear Members.

Application for allotment of Designated Partner Identification Number since there was a Form7, but at present there is no same form in LLP website for applying DPIN now how can i apply for DPIN, can i go head with DIN1 as like company, kindly advise me.

Views solicited

Regards
Girish

Dear Members.

could anyone send me the subscriber sheet for LLP and consent letter for acting as a partner in LLP, i will be incorporating LLP very soon and also confirm me is it same as company or else if not kindly provide me the same at the earliest i will be in under confusion.

look forward best.

THANKS IN ADVANCE

Regards
Girish

Dear All,

This query is with regard the compliance of section 212 of the Companies Act, 1956.

If the laws of the country in which the subsidiary is registered does not require the accounts to be audited mandatorily,
Still is it necessary to get the accounts of subsidiary audited?

Or the signatures of the directors of subsidiary are sufficient on the financials.

Kindly share your views.

Sir,

Is there any provision to reissue the same company name which is strike off.

Actually we have a client who has formed a company is 1996 and which name is strike off in 2001 now they want to reissue that company name.
Is there any possibility?

Dear Members.

could anyone guide me while issuing COMPLIANCE CERTIFICATE AND SEARCH REPORT to the company is it necessary to take management representation letter from the director of the company.

Members views solicited.

Thanks in advance.

Regards
Girish

Respected Experts,
I HAVE PUT THIS QUERY ON JUNE 12, 2012 BUT THERE HAS BEEN NO REPLY FOR THE PAST 2 MONTHS, ANY EXPERTS THERE TO GUIDE WILL BE A GREAT HELP FOR ME ALSO FOR THE READERS WHO GO THROUGH THIS QUESTION.
Since there was some discrepancies (for example overstatement of expenses or understatement of sales which affects the profit of the company) in the accounts of the company which were approved by the directors in the board meeting. Now before filing the return of income the company wants to set right the books of accounts. IS it possible for setting right the books of accounts?
If yes what is the procedure and what are the sections so that i can pracitcally do it.
Please provide ur explanation detailedly so that i can understand it and implement it properly.

Thanks & Regards,
Rajesh.

THE DIRECOTORS OF MY COMPANY ARE ALSO DIRECTORS OF A DEFAULTING COMPANY.
SO CAN DSC OF THESE DEFAULTING DIRECTORS BE USED FOR ANNAUAL FILING IN MY COMPANY?
PLS SPECIFY.
ITS URGENT
THANKS IN ADVANCE

Since no specific power is required for appoimtment of director filling casual vacancy undr articles. However, if articles provide the manner of filling the vacancy ,it should be filled as the articles required.
Does it mean that casual vacancy can be filled by passing circular resolution.?
Plz help...

A Company has obtained car loan of Rs.5 Lacs from a nationalised bank.The Bank has not yet executed any hypothecation deed.It has executed a loan agreement as well as a Personal Guarantee Agreement. However, there is an endorsement on the RC Book of the vehicle.

Whether it is mandatory to creat and register the charge with the RoC for the above car loans?

If registration is needed ,can prescribed Returns be filed with the RoC without any Hypothecation Deed?