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

WHICH IS THE LAST DATE FOR FAST TRACK EXIT SCHEME?

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

Please Support.

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)

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?

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?

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

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.

Sir/Madam

I have a Pvt. Co. having 3 directors holding shares in ration of 4:3:3.
1]Now I want to put restriction om removal of director in such a way that one director can't be removed by other 2 directors forming some sort of coalition.

2]i want to put restriction on transfer of shares in such a way that one person can't transfer shares without full consent of other directors.

Please help me in this regard and tell whether the above conditions can be implied?

thanks in advance

hi expert can you please help me u/s 187C.

ABC is indian company in that:
Mr. X hold 1 share as nominee shareholder of PQR LLC (foreign company).
and 999999 held by PQR LLC.

with regards to nominee compliance, we need to file form I & II and form 22 with ROC.
I am confused, with contents of Form I and II as to what details to be filled in Form I and who has to sign it, same as form II.