Dear sir,

I had appointed as first auditor of xyz company in december2011 when I practising in his individual name, but from 01.05.2012 I stop practising in my individual name(ravinder jain) & practising in my propreitor ship firm(ravinder jain & co),so what procedured I have to follow to continue as auditor of the same company.

Frdz,

One of the director of my company was a director of a public company. He resigned from the Board of the public company in 2010 but the public company has not filed his Form 32 even now.

The public company has only 3 directors, including my director.

The Public company has not filed the Annual Accounts for the year 2010-11 and after some period, it will have the defaulting status; which will make the DSC of my director blocked.

We have contacted the company requesting them to file Form 32 and appoint a new director to their Board but are not listening to us.

We would like to raise a management dispute with the public company vide MCA CIRCULAR NO: 1/2012.

BUT

The circular says that "till such dispute is settled, the documents filed by the company and by the contesting group of Directors will not be approved/registered/recorded and will thus not be available in the registry for public viewing."

I dont want to block my company's filings but have to raise a management dispute also..

any IDEAS to get out of this trap????

There is Pvt Ltd company.. It wants to take money from investors and invest it in stock market and give variable returns to the investors. Is it possible and how?? what are the relevant sections in Company Act??? What should be the procedure?? plz help...

Dear Friends,

I want to close a private limited co. Company incorporated in March 2012 and it doesnt have any asset and liability.

Only thing they have is Share capital 100000 and cash in hand 100000. If they have not applied for PAN.

Pls advise how we can close the company.

Dear Friends / Experts,

Please refer MCA Notification dated 09.05.11, wherein it has been mentioned that Annexure-II (i.e. Publication of Notice) shall be omitted.


After filing Form 1A, we need to file Form 24A.

Query

Should we publish Notice within 7 days from the date of application to RoC, even though the MCA Notification dated 09.05.11 has omitted the Annexure - II (Publication of Notice) ?

I do not have clarity on the above matter.

Please clarify me the exact position and the current practice.

Thanks.

can trust become a subscriber of the converted company? OR
can trustee of the trust become subscriber on behalf of the trust as a nominee?

Respected Expert,

Pl. give your views on following queries.

1. In case if 2 directors are there then can a director sign on Share Certificate in dual capacity, i) As Director and ii) as an Authorized Signatory.

2. If there are 2 directors, One director is authorized to do something then can same director sign the extract of that resolution.


Is there any prohibition for same.

Thanks in Advance

I have obtained registration in CS ex Program in Aug 2010,
Can i appear in Dec 12 exam? and last date of applying Dec 12 exam.

T&R

If a Public Company Passes a Special resolution at an EGM held at the start of the year and approves say 100000 shares to be issued during the year and mentions in the said resolution that the same should be in effect for next 12 month can same Form 23 ( Special Resolution ) be used for filling
In month of May for issue of 25000 shares
In Month of August for issue of next 30000 shares
And in the month of Nov for next 45000 shares

What I actually want to know that can 1 form 23 ( SRN ) registered in April be used for allotment during the year?

A company with a capital of 5 lacs had incurred prelinary expenses of Rs.70,000/- and the total turnover of the first year is about 9 lacs. What is the method that should be adopted for charging the preliminary expenses under the Companies Act, 1956 as well as the Incometax Act, 1961. Whether the entire expenditure can be charged under both enactments

Thanks in advance

Santhosh