Dear Members...

Please consider..

One of our group company (purely pvt. company) provide bank guarantee to govt. organisation for successfully completion of bids and no loan amount associated with this trabsaction. Furthe the same amount of bank guarnatee secured as corporate gaurnatee by Public company.

Now will section 372A attract and also calrify that whether Sec. 372A cover any the inter corporate guarantee or securities provided by public company for performance of any specific work (for performance guarantee)

can anyone provide me with the list of compliances for unlisted companies

Can anyone please guide me on the procedural aspects of setting up a film production company and also any forms and legal requirements related to it?
Thanks in advance..

Who required to sign on the board resolution copy for additional authorized signatory?

AS PER CIRCULAR NO. 45/2011 RELATED TO GUIDELINES FOR AVILABILITY OF NAME, WHETHER THERE IS NO REQUIREMENT OF MINIMUM AUTHORISED CAPITAL RS. 5 OR 25 LACKS FOR KEY WORD "INDIA' BETWEEN THE PROPOSED COMPANY NAME.
FOR EXAMPLE:- SETIA MARKETING INDIA PRIVATE LIMITED.
THEN WHAT IS MINIMUM AUTHORISED CAPITAL.

In my case, A private Co is formed by 4 Individuals & subscribed MOA & AOA. One of them, Mr X is now having issue with others. Mr X has not paid any amount as paid up capital
In this situation
1) Can We ask Mr X to sign from Directorship & Shareholding via a letter?
2) Since there was no amount paid by him, Can we ask him to mention in the letter “inability" & resign?
3) Do we require Transfer deed here? In this case, Co is started in November 2011 & MR X has not made any payments till today for capital. He is default

I need a draft of letter for resignation of a person from membership ( shareholding) or Do we need to execute a transfer deed in this case even though Mr X is not paid his share of money as paid up capital

Any one Please clarify that if a miscellaneous expenditure has policy to w/off with in 5 year then as per revised schedule VI disclosure of this as follows:

1) Portion of Misc expenditure w/off within next 12 months shown in other current assets.

2) and the rest of portion as non current assets.

Am i right or the whole amount should be shown as non current assets.

My other query is that like as on 01.04.2010 balance of Misc exp- 15000/- w/off during F.Y 10-11 - 5000/- op balance as on 01.04.2011 = 10000/- w/off during F.Y 11-12= 5000/- Balance as on 31.03.2012=5000/-
Now my question is that whether in previous year column of B.S, Misc Expenditure shown as Non current asset and in Current Year shown as current asset

Dear Experts,

We need to register a company… The background is as under;

1. Actually there is a company already in existence in USA.

2. They are into servicing customers of IBM for two of IBM products.

3. The service is for installing and redressal of queries by the customers…..

4. For this purpose, the company wants to hire people in India and train them.

What will be better, a branch office of the foreign LLC or an Indian company registered. Please suggest..

Thanks & Regards
Srikar Kumar

Dear Friends,

Please tell me about the changes regarding rounding off to nearest rupee 100 or decimal thereof with some examples

Let say i have a figure RS. 1,32,534 how it can be presented in revised schedule VI.

Thanks & Regards
Anurag Hans

i am a student of CA Final and my attempt is due in november 2013, I am Planning to join Law classes now from Mr. Rajesh Tayal in Eten please help me know whether i am taking the right decision. Since my attempt is in nov13 should i study Law now as there are 80% chances of amendments.