Dear All,


A private company have US citizen as Director, who is also owner of LLC based in US. The company have service agreement with LLC and paid 550k USD for services availed as per contract. Does this transaction attract section 314.??

Kindly clarify.

Can the companies minutes be typed and pasted in loose sheets OR they are to be specifically handwritten.
Kindly also provide a checklist for the same.

Hi all

Is it mandatory to give a mention of section 58A in Directors Rport of an unlisted company, section 217 does not support mandatory mention of the same.
we have no deposits of any type and is a pvt. ltd. co.

kindly support your answer quoting sections,

thanx

If a pvt. company converts into a Public co. and then accept Public Deposit as per 58A, what will be status of existing unsecured loans from directors and Directors relativs? Is unsecured loan existing above will addition from limit of 58A or will include in the limit of 25% of paid up capital and Free Reserves?

Hello!

Company has accepted deposits from employees in connections with terms of employment/ contract of service.But has not followed the provisions of Sec 417 of the act.What are the consequences, if not followed and as an auditor of the company ,where to mention this in his audit report.Pls guide

Thanks

Dear Sir,
Kindly confirm me that i want to start a Proprietorship and also want to register its name. can i do so if yes so how?

Dear experts,
A company formed in December 2010 and started production in June 2011. My Query is that :
a) Can all expenses incurred upto 31st March 2011 including audit fees be transferred to prelimenery and Pre-operative Expenses?

b) Or Audit Fees to be shown as Expenses for the year 2010-2011?

Thanks in advance

In the concept of Cross Holding, Can A company holds 50% shares of B Co. & B Co. can hold 50 % of shares of A Co.?

Pls reply.

Dear Learned Members,

One of our group company has 3 Additional Directors as on 30/06/2011 (Date of AGM). On 30/06/2011 one Director Ceased from the Board on the date of AGM.
Now while filling details in Point IV of form 20B i.e No. of Directors as on AGM, what details should I have to give i.e. about 2 Directors or 3.

please resolve my query.

Hi,

As everyone knows that there are 3 kind of Software and they are as follows:

1. Programming Software
2. Application Software
3. System Software

Can anyone tell which is to be capitalised and which has to be treated as Revenue Expenditure????? Please help me its really urgent