Plz provide me the Checklist required for making the NBFC>.............

“A Company passes a Special resolution under Section 31 to ratify a Pre-incorporation Contract prior to receiving the certificate of commencement of the business by altering the Article of Association. Will Such Special Resolution be valid? and will ratifying the PIC will amount to commencement of business?

Company is purchasing glasses and sending it for making furniture for new office can the expense made to purchase glass be capitalized and depreciation be claimed? Please state any provisions of income tax is affected?

Dear All,

If nothing is mentioned in the articles,then will an additional director or a director appointed to fill in a casual vaccancy has to subscribe to the qualifying shares of that of any other director.

Thanks & Regards,
SK De

please tell me,
private co which is subsidiary of public co can be act as public co.

case is,
"A pvt ltd" which is subsidiary of "B ltd" which is public co,then A pvt ltd can act as public co

dear experts,

pls i need to knw the following:

i want to regularise my additional director pls let me knw the whole procedure in brief hw should i do that??????

i mean which resolution??
which meeting???
and time limit for filing the e-form????

thanks

regards

miss tanveer ahuja

In Form ODI we have mentioned the accounting year followed by WOS as Calendar Year i.e. 31st December though we are following 31st March as an accounting year for this WOS. We want to file form APR for the year ended 31st March but RBI objected saying Recorded Year is 31st Dec. we applied for condone for change in financial year but not got success.
What remedies available to us as statutory auditor will not certify the form for year ended 31st dec.??????
Any statutory penalty If we does not file this form ????
Any other way to file this form???

Hi,
we are three partners in a private limited company and three of us has equal shares.

all three of us are Full time directors.

Recently two of the directors given a termination notice to the third director fom the position of director.

but he volunteerly decided to go out from the company by selling his shares and asked us to settle his account with in three months.

for this initially we agreed, but since the financial position of the company is not good we asked six months time for his settlement.

for this he is not agreeing and thretining us that he will issue legal notice to the company and directors.

the company is started only one year ago and yet to make any profits. Practically the company has not even reached breakeven point.

he is putting pressure for immediate settlement because he already started another company on his own and sending mails to our existing clients to divert the business to his new company.

can any body please let us know what kind of legal implecations the company or the directors has to face?

will the court orders to close the company?

how can we defend his legal notices?

is their any ratio should be maintain between equity shares and preferential shares..? while making any further issue of preferance share....

Is the approval of Company Law Board or court required for change in object clause in case of private limited company???