Ramesh
This Query has 5 replies

This Query has 5 replies

Dear All,

could you please clarify me, if the mutual transfer of amount between the director and the pvt ltd company liable for any interest ?

or can we transfer any number of times the amount between the director to the company and company to the director without effecting the interest or TDS or any other provisions ?

regards
Ramesh.



Anonymous
This Query has 5 replies

This Query has 5 replies

24 July 2012 at 17:21

Board reslolution

I need a samlple of Board Resolution for foloowing :

1 Transfer of Equity Share in Pvt. Ltd. Co.
2 Purchase and sell of Equity share in Pvt. Ltd. Co,
3 Invest in Mutual fund and Shares



Anonymous
This Query has 3 replies

This Query has 3 replies

24 July 2012 at 16:47

Form 32 filing

In a PVT Ltd comp with two directors, One of the directors resigned. who will accept his resignation ? whether the other director can sign and submit form 32 to ROC? What if other director does not sign DSC on form 32? whether any practicing CA or CS can sign form 32 and submit online?


CS Alpesh Dhandhlya
This Query has 1 replies

This Query has 1 replies

24 July 2012 at 15:41

Section 58a compliances

Dear Sir
i need info abt SEC 58A COMPLIANCES
See, Our Co. has accepted a deposit without issuing advertisement.
The quantum of deposit is also more than Paidup cap.
The of Interest rate is 18% p.a.
Now we want to make legal compliaces and ready to pay fine whatsoever.
The Co. is a Public Co. AND the Depositor is not Share holder.
What procedure should we follow?


Pravin Mishra
This Query has 4 replies

This Query has 4 replies

24 July 2012 at 15:32

Face value of company shares

Sir,

Face value of my company (listed company)is 10 who wants to consolidate it to 100 can we do this? is there any limitation on the face value of share of the company or we can keep it to any amount say 200 or 500?

please provide legal provisions governing the face value.


Komali
This Query has 4 replies

This Query has 4 replies

24 July 2012 at 13:46

Form24a for section 25 company

Sir,
Can I get formats for the attachments to be attached with form 24A for section 25 company?
1. Declaration as per annexure V of Companies Regulation Act 1956.
2. Future annual income and expenditure estimates
3. Declaration by advocate of Supreme Court or High Court, attorney or pleader entitled to appear before a High Court, or a company secretary or chartered accountant in whole time practice that the MoA and AoA have been drawn in conformity with provisions of the Act.
4. Details of the promoters and of the proposed directors of the company.
5. A list of the names, addresses, descriptions and occupations of its directors and of its managers or secretary, if any, together with the names of companies, associations and other institutions, in which the directors of the applicant company are directors or hold responsible positions, if any with the descriptions of the positions so held.
6. Statement of brief description of the work, if already done by the association and work proposed to be done. -
7 Statement of the grounds on which application is made


CA Abhishek Singh
This Query has 2 replies

This Query has 2 replies

Hello everyone,

one of my friend as on 31/03/2011 had 10000 (approx) balance in his PPF account. every year he used to deposit rs.500/-.

but in the f.y. 11-12 since he was busy for CA final exam preparation he couldnot deposit any amount in his PPF account ?

what can be the consequences since every year minimum rs.500/- has to be deposited in the account ?

waiting for the views of the expert.


Yatesh Prakash Renuke
This Query has 2 replies

This Query has 2 replies

24 July 2012 at 12:49

Salary to executive director

Dear All,
Mr. A is an executive director in Co. X.He is working in Co. Y as an employeehe & he is getting salary from Co. Y. Also he is getting a salary from Co. X. Now my query is whether Mr. A can get a salary from Co. X even though he is an exe. Director.

Your early reply will be highly appreciated.

Thanking you in advance.
Regards'
Yatesh Renuke.



Anonymous
This Query has 2 replies

This Query has 2 replies

24 July 2012 at 12:30

Change in accounting period

Dear Sir/Madam

Can i close my quarter end instead of 30/06/2012 on 25/06/2012 or same way can I close my year end instead of 31st March on 25th March.

Is it compulsary to end the accounting period on end of the month, and not in middle of the month.

Also can u provide the section details

Thanks in advance



Anonymous
This Query has 1 replies

This Query has 1 replies

24 July 2012 at 11:40

Interest rate & funding cost of bank

how bank decide to set the minimum bank interest rate on sanctioning of the term loan ?

what the basic funda?
how we know that particular bank performing well & have very nominal not permforming assets?






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