CA.Yogesh Patel
This Query has 1 replies

This Query has 1 replies

21 March 2012 at 16:15

Company takeover.

If two persons want to purchase the business of a Pvt. Ltd. Co, Can they simply acquire the business by taking all the shares from the previous share holders or is there any method?

Kindly elaborate in detail.

Thanks.


CS KINJAL SANGANI
This Query has 7 replies

This Query has 7 replies

21 March 2012 at 15:04

Dividend

can any one tell me that, if investors have complaint directly to sebi relating to non receipt of dividend then how to solve that , please tell me the procedure.its urgent.


Rohit maheshwari
This Query has 4 replies

This Query has 4 replies

sir, i want to know the section applicabilty on issue of bonus share out of reserve n surplus ....


Nilesh Dhameliya
This Query has 3 replies

This Query has 3 replies

21 March 2012 at 11:20

Closure of defunct company

WHICH IS THE LAST DATE FOR FAST TRACK EXIT SCHEME?


Pradeep Gupta
This Query has 2 replies

This Query has 2 replies

Please some provide me a copy of "Object Clause" written in MOA of a NBFC or SHARE/STOCK Broking Type Company.

Please Support.



Anonymous
This Query has 2 replies

This Query has 2 replies

20 March 2012 at 23:12

Change of co name?

when a assets is registered with the old co name,
old company has not make attempt to change the name & take on record of property index & 7/12 with the new companu\y name.


is any legal action can be taken by the ROC?
IS THERE ANY PROVISION?

CAN NEW CO CAN SOLD THE ASSETS ON THE NAME OF OLD OWNWERSHIP TO NEW THE BUYER?

Can it is avvisable to enter in to agrremnt of sale by the new buyer of the property from the new co (new co = old co ,only there is change of co. name)



Anonymous
This Query has 2 replies

This Query has 2 replies

20 March 2012 at 23:08

Private co -loss for the 3 years

WHEN A Private ltd co made continuously loss & i.e.also more than the 50% of the net worth for the last 3 financial years,

how to report in auditor report?

is it defaulter co?



Anonymous
This Query has 1 replies

This Query has 1 replies

20 March 2012 at 23:01

Change of co name -charge on property

when abc co is change its name with new name xyz co.but the same business is existing.there is no change of directorship.

but following point is relevant while taking the decision.
1.cash credit account is operated in bank with the old name that is abc co.also having term loan account with the same co.
2.abc co has approached the bank to make note on bank record as new co name xyz co.
3.Bank has changed the term loan account from old co name to new co name.
4.New co i.e.xyz co also operating the current account with the same bank.

issue:---

issue is that land building is still on the name of the old co name & same morgage with the bank against the term loan.


now new co has found the buyer who can payoff the liabililties of installment & then that property will be with the buyer .
bank will ready to issue noc to new buyer of the property.


Query:-
in this case 1 st, is above transaction will be legal & geneue from the both side of the party as well as from the point of bank.


2 nd bank wants the payment,new co wants to discharg the liability towards the bank, in this case is it advisable to new buyer to purchase the property which is registered on the name of the abc co.


3. if it is geneue what steps to be kept mind from the point of company law,income tax & lawfulk transaction?









Bharat
This Query has 3 replies

This Query has 3 replies

20 March 2012 at 22:23

Depreciation

Can anyone suggest me the action for the following situation:

Asset put to use: 1st March, 2011
Put to use certificate received on: 30th April, 2011.
Accounts Department capitalises the assets based on Put to use certifcate.
The books for year ended are closed on 31st March, 2011 and back dated entries are not allowed. Action in April, 2011

Kindly provided me with your suggestion alongwith the applicable Sections as per Companies Act and Accounting Standards.

Thank you in advance



Anonymous
This Query has 4 replies

This Query has 4 replies

20 March 2012 at 18:13

Closure of producer company

While incorporating new company, in Form 1 bymistakely Producer company option got selected instead of New company.

So, kindly provide the procedure to be followed for closure of company.






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