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CA Sumat Singhal
This Query has 4 replies

This Query has 4 replies

06 October 2011 at 16:41

Donation

RMC Limited, a company incorporated in India in which foreign interests have more than 50% of its equity shareholding, desires to make a political contribution to
the extent of less than 5% of its average net profits for the last three financial years. Can RMC Limited make such a
Contribution?


CA Sumat Singhal
This Query has 1 replies

This Query has 1 replies

06 October 2011 at 16:39

Sec 560

Registrar of Companies of a State struck of the name of CD Limited from the Register of Companies under section
560 of the Companies Act, 1956 for non-filing of returns.
CD Limited applied for restoration of the name and agreeing to file all the returns with additional fees and alleging that the company did not receive the statutory
notices said to have been sent by the Registrar. Registrar could no prove the service of the notices issued by him
under section 560 of the Companies Act, 1956. Under the circumstances will CD Limited be successful in its endeavour?


CA Sumat Singhal
This Query has 1 replies

This Query has 1 replies

06 October 2011 at 16:31

Joint holding

A and B were jointly holding shares in company Wood Limited,
a listed company. A died and B applied for the deletion of Ram’s name in respect of the joint holding. The Articles of Association of Wood Limited contained an Article on the lines of Regulation 25 of Table A appended to the Companies Act, 1956. The company refused to comply with the request of B.
Can Wood Limited do so?


sushil
This Query has 1 replies

This Query has 1 replies

Dear Experts,

I want to know whether subsidiary includes foreign subsidiary also for the purpose of filing of ROC and for the purpose of sec 212 of the company's act 1956?

Holding company is Indian company & its subsidiary is 100% foreign subsidiary company.

Waiting for ur reply..
Thanks in advance.
Regards,
Sushil.


Sunny
This Query has 1 replies

This Query has 1 replies

05 October 2011 at 18:51

Stamp duty

Dear All,

I would like know the mode of payment of stamp duty on share transfer deed.
One of our client has to pay Rs. 600,000/- as
stamp duty.

Is there any mode of payment (like frankin)other than adhesive stamps purchased from post office.

Please share your views !!!!!

Thanks in advance.



Anonymous
This Query has 5 replies

This Query has 5 replies

05 October 2011 at 18:21

Form 23aca

DEAR SIR,

DETAILS IN FORM 23ACA i.e. TO BE FILED WITH MCA FOR P&L ACCOUNT OF COMAPNY, WAS FILLED WRONG IN LAST YEAR.
IS IT REQUIRED TO FILE A REVISED FORM.
WHAT IS THE PROCEDURE & WHAT IS THE TIME LIMIT TO FILE REVISED FORM.

REGARDS,
MEGHA RAUTELA


CS Divya Sorayan
This Query has 7 replies

This Query has 7 replies

Dear all,

Yesterday I uploaded one of the e-form of Annual Filing on MCA and its late fees was Rs. 1800 but only Rs.450 got deducted. I want to ask that whether any changes have been introduced by ROC or MCA regarding waiving off of 1/3rd fees out of the penalty amount of filing fees????
Kindly resolve this query. Its urgent.....


Raj Raj
This Query has 3 replies

This Query has 3 replies

05 October 2011 at 13:21

How to check background of company

I am a qualified Company Secretary looking for a job change. I am very much confused how to check the background of the company (whether the company is genuine, following ethical practice, non-tampering of records etc). Kindly assist.


Raj Raj
This Query has 3 replies

This Query has 3 replies

05 October 2011 at 13:07

Circular resolution

A private limited company has two directors. One Director in India and One Director abroad. Since only one Director is in India a Board meeting could not be convened for want of quorum. Can it pass a Circular Resolution approving transfer of shares.


Raj Raj
This Query has 2 replies

This Query has 2 replies

05 October 2011 at 13:04

Procedure for removing promoter

What is the procedure for removal of promoter and persons forming part of promoter group. Is Board REsolution sufficient.






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