Dear All Experts,

In a Pvt Ltd Company, there are 3 directors vise A, B, & C.
A & B have their PAN base DIN but B has not filed his DIN 4. Consequently his DIN is not PAN base.
All the e-returns or e-forms are filed under the digital signature of A & B.
C has not DCS.

Is it mandatory to file DIN 4 for C ? What are the Consequences for non filing of DIN 4 for PAN ?

An early reply is highly appreciated.

Thanks in Advance..

Dear Sir/Mam,

Case is like that :

Say Pvt. Ltd. Co. appointed M/s. ABC as its auditors in EGM and M/s. ABC was the auditor for fy. 2010-11. And in AGM held on 02 nd sep. 2011 M/s. ABC reappointed.

Now Co. want to appoint M/s. XYZ as their auditors for fy. 2011-12.And remove M/s. ABC before their term.

What is the procedure for removal of auditors appointed in EGM of the Pvt. Ltd. co.
& Appointment of new auditor in his place.

I think EGM is sufficient for removal of auditor & appointment of new auditor in his place. and notice to be given to previous auditor & shareholders.

Is that so?
Is there any time specified for above procedure?
As company has only two directors, does that mean notice to shareholder is notice to directors?

Please guide.

Thanking you.

CA Rajesh Heda

A private company appointed relative of a director as the chief consultant, with the monthly remuneration exceeding Rs.250000/-, whether the Director Relative(place of Profit) Rules,2011 are applicale for the above appointment?

Pls confirm me,whether a CA in whole time practice can apply for his own co's registration and sign his all ROC forms filled in given process in the capacity of director of company or is not allowed to become a director of company when he is in practice.

Thanks in advance...

Dear All,

Please clarify can we pay the the interim dividend of 2011-12 in May 2012, In actual my query is if we have to pay interim dividend in the same financial year for which we are paying the interim dividend ?

Hello,

Would like to know if Bonus share can be issued at a premium - ?

I believe it is no , because the very purpose of bonus issue is movement of reserves to Capital , however , issue of bonus share at premium will retain the premium in reserves account itself (thought there will be increase in the number of shares)

Also, Can Bonus shares be issued at Discount ? Would it make sense to have such an issue ??

Still,, is there any provision which states that Bonus cannot be made at a premium/Discount ?

Can a Company (Pvt. Ltd or Public Ltd.) take a loan by mortgage its Equity share Capital?

Please give me detailed answer.

Thanking you

From 22nd July onwerd, there will be levy fee for filing of form 23B, my query is, who is liable to such fee (ie. Statutory Auditor or Appointing Company)?

And if, Appointing Company delayed in intimating to the Auditor then, even Auditor will be liable to pay sucy fee?

1. From 22nd July onwerd, there will be levy fee for filing of form 23B, my query is, who is liable to such fee (ie. Statutory Auditor or Appointing Company)?
2. And if, Appointing Company delayed in intimating to the Auditor then, even Auditor will be liable to pay sucy fee?

Dear Sir,

Whether Director's relative who is CA can appoint as statutory auditor of that Company?

Request to you please provided me list of disqualification for appointment of CA as Statutory Auditor.

Thanking you,

With Best Regards,
Digesh Shah