CMA Arif Farooqui
This Query has 3 replies

This Query has 3 replies

28 August 2011 at 15:13

Public deposit in a private company

a private company wants loans/funds from public but not on interest.
it has a scheme in which, if a person invest amount in company's any project, company will return his amount after 3 years and pay him some percentage of profit which it earned from that project.
can company do so?
if yes what the procedures?
company is in business of developing residential plot.



Anonymous
This Query has 1 replies

This Query has 1 replies

Hi,
If the current bank accounts of a private limited company have been frozen due to the dispute between the directors/ shareholders of the company. Bank accounts have been frozen due to the forging of signature on company cheques by one of the authorized signatory. Will the company face any problem in filing the Balance Sheet for this year.

Thanks



Anonymous
This Query has 1 replies

This Query has 1 replies

27 August 2011 at 19:40

Removal of director under section 284

Dear Friends / Experts,

Please guide me on the following :

ABC Limited appointed A as Alternate Director (as the original director is in abroad) for attending Board Meeting on 01.08.2011.

A attended the Board Meeting on the said date and the next date, A had gone abroad and for the next Board Meeting, company appointed new person as Alternate Director (for the original director).

Company removed A on 02.08.11.

Query

In Form 32, what is the reason for Cessation to be filled - whether the removal of A shall fall under Section 284 or what is the appropriate Section.

Ans : ......................

I shall wait for the suitable replies of friends / experts.

Thanks.



Anonymous
This Query has 2 replies

This Query has 2 replies

27 August 2011 at 17:31

Pls help in din 4

Hello experts


i have to prepare declarations for directors for filing form DIN 4....the format as per MCA for the same is


I have applied for change* of


* strike out whichever is not applicable



in my case I have to intimate PAN card no. of directors for the first time...so my query is whether this same format holds good or i have to use word INTIMATION instead of CHANGE and in some cases i have to intimate PAN of directors and also the changes in director's address......so in those cases can i use like this INTIMATION / CHANGE......


and one more thing * strike out whichever is not applicable means what ? this is as per MCA format

(i) I have applied for change* of:-

(a) Directors Name (Applicant Name (along with proof and in case of change of name a copy of Notification published in the Gazette)

(b) Nationality (along with proof)

(c) Date of Birth (along with proof and in case of change in the date of birth, copy of Notification published in the Gazette)

(d) Income -Tax Permanent Account Number (along with proof)

(e) Voters Identity Card Number (along with proof)
(f) Passport Number (along with proof)

(g) Driving license number (along with proof)

(h) Permanent residential address (along with proof)

(i) present residential address (along with proof)



* strike out whichever is not applicable.



suppose i have to intimate PAN card no and change that occur in director's address...so whether i have to put a ______________________________________ like this on remaining options ???



is this ( intimation / change ) right or i have to use the word change only for intimation of PAN as well as change in director address ?


Thanks


Nirav
This Query has 1 replies

This Query has 1 replies

27 August 2011 at 15:16

Din 4

WHAT TO DO IF FATHERS DETAILS ARE NOT MATCHING WITH THE DETAILS AS PAN NO. WHILE FILLING DIN 4.
WE HAVE TRIED ALL COMBINATIONS OF FATHER NAME
AS PER INCOME TAX & ALSO AS PIN DIN 1 DETAILS
KINDLY REPLY & PROVIDE ME A SOLUTION WITH...



Anonymous
This Query has 1 replies

This Query has 1 replies

27 August 2011 at 12:37

Small medium large enterprise

hown to identify that business falls under
small medium large enterprise?

or what are the criteria to know applicability of small medium large enterprise?


CA Sahil Singla..
This Query has 3 replies

This Query has 3 replies

27 August 2011 at 11:50

Sec. 374(1) of co. act

Whether Sec. 314(1) of Co. Act is applicable in case a person is appointed as a manager ? It clearly says that it's not applicable but most of the answers r not considering this exemption. Even ICAI's suggested of CA Final Nov 2010 Exam says that appointment of manager is regarded as a appontment to place of profit in Co.


ankit
This Query has 6 replies

This Query has 6 replies

27 August 2011 at 11:38

Depreciation rate

Hi

please provide the depreciation rate of the following items as per companies act.

Computers
Furniture
Machines - movable

thanks in advance


Guest
This Query has 2 replies

This Query has 2 replies

27 August 2011 at 09:41

Stamp duty on share certificate

STAMP DUTY ON SHARE CERTIFICATE IS COMPULSARY. BUT IF A COMPANY AFFIX REVENUE STAMP ON SHARE CERTIFICATE THEN WHETHER COMPANY STILL IS UNDER OBLIGATION TO PAY STAMP DUTY? OR COMPANY HAS THE OPTION TO PAY STAMP DUTY EITHER THROUGH REVENUE STAMP OR THROUGH APPLYING TO SDM FOR PAYMENT OF STAMP DUTY?

KINDLY REPLY THE ABOVE QUERY.

THANKS & REGARDS
PEER


Mishu
This Query has 1 replies

This Query has 1 replies

Dear All

I request you to please provide me the proper formal procedure of conducting board meeting in a board room.As i am conducting it for the first time for my company can anyboy provide me with the sample of welcome note or an introduction which i am suppose to give as a company secretary for convening a boad meeting.

Please help me if anyody can, awaiting your replies.

Thanks in advance






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