Dear Sir,
Pl clarify the following
Is it possible a company repay the share capital along with profit at the time of voluntary winding up?

i.e. M/s. JKR Pvt Pvt Ltd has stopped its business on 31.03.2011 & it's statement of account is as follows

Share capital is Rs.1000000
Reserves & Surplus(P & L) Rs.500000

Cash Rs. 1500000
Now it has decided to repay the share capital with Profitas it is going to winding up.Is it valid?
Regards,
S.Jegadeesan

Deal All,

May i ask for the Draft of Takeover/Business Purchase Agreement?

Facts:

- At the time of Incorporation of the Company We have mentioned the clause in MOA & AOA to Takeover the running Business of Propritorship, which is fully hold/owned by the person who is also Director in the Incorporated Company.

Now, he (Director) wants to carry out all his propriotership Business including its all assets/liabilities in the incorporated Company for that purpose the said Agreement is to be done.

Can you please help me out in this.....

Wailing for your kind support.

Thanking you,

CS SKK

Hello experts,

Can you please brief me What is a difference between Legal Compliances & Statutory Compliances.

Your view & suggestions will highly appreciated.

Thanks a lot in advance........

CS SKK

I have applied for a new name
vIZ: Vinith International Pvt. Ltd

It got rejected on the ground that the name is not inaccordance with the object clause in the moa

" to act as dealers, agents of iron ore, coal , petroleum products in india or abroad."

please suggest me what should I add in between the proposed name.

there are three company A,B,C amalgamated and comes with new company ,D' but they give the old name to the new company as ,A' as per the which section of company act, 1956 the company make violation.

Section 209-4A of the Companies Act 1956 mentions of storage of books of accounts and vouchers relevant to it for min of 8 years.

Does it mean that the vouchers need to be stored in original physical copy only? Can scanned versions be saved for verification?

What if the original voucher is itself an electronic voucher (like e-version of telephone bills)?

Please answer based on Company Act; IT Amendment Act 2008 Sections 4,6,7,7A on electronic records; and practically how does auditors and tax/other govt/courts accept electronic records?

what is the difference between 'chairman and managing director' of the company?

Hi,
Please help me in drafting object clause of Accounting, Taxation, Financial Management, Payroll, Consultancy activities of the company

Thanks
Saurabh

I files E-form FTE to struck off the company name But after due to some incompleteness i filed form 67(addendum) for rectification.but some incompleteness are found so i want to ask how many times we can file Form 67 (Addendum) for rectification as per regulation 17 of companies act 1956.

Hello Experts

I want to know what is the procedure of forming Section 25 Company after the power has been delegated to Registrar of Companies.