manoj kumar jha
This Query has 4 replies

This Query has 4 replies

19 August 2011 at 16:27

Removal of director

dear expert
my question is, can a pvt company removed its director without his consent if yes in which situation.?if a pvt company removed any director without his consent,and appoint other person in his place, is this act is valid.?
if yes what necessary measures are required after dis removal?


manoj kumar jha
This Query has 2 replies

This Query has 2 replies

19 August 2011 at 13:01

Limited review report

can any one provide me the formet of limited review report of a banking and non banking finance company.
also i want to know, is there is any difference between limited review report submitted by listed company other then banking company and limited review report submitted by banking company and NBFC?

thanking you


sushil
This Query has 3 replies

This Query has 3 replies

Dear Experts,

we are mfg of dyes in powder form. While selling to customer we use spl kind of bags.

Whether we need to consider the cost of these bags as packaging exp in calculating Gross Profit?

Waiting for your reply

Thanks in advance.

Regards,
Sushil.



Anonymous
This Query has 4 replies

This Query has 4 replies

18 August 2011 at 19:16

Section 314

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.



Anonymous
This Query has 1 replies

This Query has 1 replies

18 August 2011 at 19:08

Querry relating to minutes

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.


Parashar
This Query has 1 replies

This Query has 1 replies

18 August 2011 at 17:37

Directors report

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



Anonymous
This Query has 1 replies

This Query has 1 replies

18 August 2011 at 15:19

Public deposit

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?


Vadiraj.N.Naik
This Query has 1 replies

This Query has 1 replies

18 August 2011 at 13:12

Sec 417 of companies act 1956

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


Manish
This Query has 1 replies

This Query has 1 replies

17 August 2011 at 19:13

Name registration

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?



Anonymous
This Query has 1 replies

This Query has 1 replies

17 August 2011 at 17:48

Regarding pre-operative expenses

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






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