Step by Step Procedure for converting pvt.Ltd. co. in to Pub. Ltd. co. and then accepting Public Deposit. What will be the initial cost for it and what will be the minimum expected time requirement for this.

Hi,
We are setting up a LLP in Kolkata via the mca government portal.
We need a CA who could attest and digitally sign Form DIN 1 for us.

Does anyone know of any Chartered Accountants who could do this for us?

Many thanks,

-Arnab

Helo,

I have a question that whether it is compulsory to pay dividend to Non Cumulative preference shareholders in case there is profit in the company, if yes then give justification regarding such....

We are a public limited company say X limited. 43% of our share is held by another company say Y limited. Two directors are the common directors i.e in both the company they are the directors and in company X their shareholding in individual capacity is not exceeding 2% but in company Y limited their shareholding is exceeding 2%.

Now X limited by an agreement with Y limited take two employees service one is driver and the other one is a peon for it's business need. For this Y limited charged a bill on submission of a copy of pay details and X limited is making the reimbursement to Y limited.

This contract since a reimbursement of expenses only x limited did not take cognizance of requirement of section 299. The auditor is of the view since this a violation on the part of section 299 and thereby section 301 this is to be qualified in CARO.

Sir, will you please help us whether this is a violation at all or not and if yes where is the escape route?

regards,

Alok Mukherjee

Let us assume X and his son Y, both are CA. X is working as a Partner in Firm A and his son is practicing as a Proprietor in Firm B. Firm A and Firm B are purely independent. Suppose X is statutory Audit of Company C Ltd. in capacity as a partner of Partnership Firm. Can Y, son of X can accept Internal Audit in company C Ltd. Note: X and Y are working independently and Y is having no relation with the Partnership Firm. In view of Code of Professional Ethics, Auditing Standard, Company Act or any other Notification/Circular etc Can Y accept as a Internal Auditor of C Ltd. or not.

Dear sir,
what is the difference between NCLT & ROC ?
Tx in advance

I have to form a new private limited company manufacturing and processing mineral water into Bottles and sachets. Can I give the word "MANUFACTURING" in the Object clause? If not then what is the appropriate word?

Depreciation rate as per company law & Income tax law is same

A limited company's (say company x) 47% share is held by company y. In an agreement company x received two employees service of company y and for which they reimburse the actual expenses on the basis of bill raised by company y to company x. Is it relevant to record in section 301?

If at the time of incorporation of public limited company there is some printing error like in place of word "proprietary concern" partnership concern is typed. How to rectify mistake.