While determining the applicability of rotation of auditors what is the year that we should look into for applying the limits of Share capital (10 crores/50 crores) and Borrowings (50 crores). Also once we look into the limits and it satisfies does it mean that rotation is applicable for the lifetime of the company?

Company got strike off by registrar of companies. And directors also disqualified under sec 164(2).
My que is what is remedies to active disqualified directors???
And impact on existing company on which director already disqualified..?
How to get way out of it ?

A company had applied for a DIN for appointing a person as a director. But due to some reason he couldn't be appointed as a director in the same company after the receipt of the DIN but was appointed in other company. Would the DIN applied for the former company still be valid? What are the consequences for not appointing him as a director in the previous company?

Can a Company Go for Strike off Procedure i.e file form STK-2 along with STK-3 and STK-4 with ROC voluntarily in order to strike off its name of does it need to follow the criteria that the company should have not carried any business transactions in the previous 2 preceding Financial years.

Can a director who does not want to use his DIN in future and is currently not a director in any of the Company can file form DIR-5 for surrendering his DIN

Our company has obtained Start up certificate from the Govt of India. We are a start up , based in Mumbai.
The company is expecting foreign funding and will be issuing shares at premium.
The company does not have reserves. Does the company require valuation certificate for issue of shares, or because it is a start up recognised by India, can we issue shares at a Premium.

Can any one please provide MOA of a chit fund company

Dear Expert,

At the time of incorporation of a Media and Production company, we have chosen the industrial activity code as " Other business services-74" in the SPICE form INC 32 . This was rejected and the form was given for re submission by ROC.

Kindly help us what should be the industrial code to be selected.

Thanks in advance

Dear Sir,

Our Pvt Ltd company closed & Company Audit Over & now IT Return & ROC return filed for FY 2017-18.

Now my query is after closing the company the How to pay the Auditors Fees relating to Audit for FY 2017-18.
No provision made for Audit in Books of Accounts in FY 2017-18.
Now the Auditors asking for Audit Fees & Bill on name of company/ director.
Who can make the payment of audit fees.

Please advise me on above matter.

Thanks & Regards
NK

Hi,

I have stopped operating in my Pvt Ltd Company since 2015 and it has been now over 3 years. The reason for stopping work in the company is relocation to abroad.
The TIN Number had been surrendered in 2014 and the status is coming close.
Income returns even nil has also been filed till now. Now since I live abroad, my brother and sister are director but do not play any active role since there is not work done in the company

The current CA taking a lot of time to get the company striked off. Please let me know what will happen if I do not act on closing the company. Will it auto striked off or will there be a penalty on me.
Or else please do let me know the easiest process to get the company striked off.

Kind Regards,
Ajay