Friends,

X Associates, chennai, Audit firm has been taken over by Y Associates, Delhi and will continue to operate under the name of the latter. X associates is doing audit for few of our private Companies. My doubts are:

Should this change in firm name be noted down in the Minutes of the Pvt Cos? Is there any else that should be done in connection with this?

Please Clarify. Thanks in advance.

Regards

"A Indian company (hereinafter referred to as company) being a FDI invested company of 33.33%. Now the company wants to purchase a land somewhere in India for their own substation. Being a FDI promoted company, is there any need to go for FIPB approval towards purchasing such land. What does FEMA regulations and FDI policy says about this "

hello everyone,
in munish bhandari ca final law book(latest) slab is given as follows ;

=100 cr - rs.200000

I have pcc notes of accounts where there is 5 slabs i.e. one slab >=25 =50 <100 cr.

please confirm which one is correct and is their any amendment ??

Sir,
I wish to clarify the following
What is the maximum Limit of appointment of Directors for a Pvt Ltd & Public Ltd?
2.If Total No. of Directors Exceed 12 what are the formalities should be followed by a Pvt Ltd & Public Ltd?

Regards,
S.Jegadeesan

The Company had made payment of Charge by Aug 10 & not yet intimated RoC (Form 17).

Now Company wants to file Form 17 what would be the procedure will form 21 should also be filed (u/s 141) or just Form 17 will do.

Kindly help

Dear Expert,
If Central Government sanctioned deposits limit. But Company have no requirements of Deposit hence Company has accepted deposit which is less than the limit sanctioned by RBI or Central Govenment. Under this circumstances can it be said that Section 58A or Companies (Acceptance of Deposits ) Rule, 1975is violeted ?

Dear Sirs,
A Wholly owned subsi. company incorporated and the money received from its foreign collaborators for share capital.Please tell me Form FCGPR to be filed for that and Valuation certificate from A Chartered accountant also required .

The question is whether the private company at the time of its formation i.e. incorporation can appoint a person as MD. A person could be appointed as MD by the articles of association too in terms of section 2(26). In private limited company, a person could be appointed for more than five years - even for life so long as the company remains a private company. Remuneration to MD could be fixed and changed from time to time. With regard to efiling, at the time of first filing of form 32 also, the appropriate choice could be clicked instead of director as Managing Director. If it is not available, file first as director prior to incorporation and then as MD may be immediately after incorporation.

A public ltd co (unlisted)
As present have the following directors:

1.Mr A Director
2.Mr B Diector ( appointd on May,75)
3. Mr C Additional director ( appointd on dec,10)

Now to Retire Mr. B & Mr C. in March, 2011(Reason Resignation)

And to appoint Mr X and Mr Y in Feb 2011

What will be proper procedure to appoint Mr X and Mr Y under the following conditions?

1. Appoint them as Additional Director

Or

2. Appoint them as Director.


With regards

Raaj.

Can anyone plz... tell me and refer the respective section .... whether a trust can provide loan to Pvt. or public limited if yes then how and what should be the rate of interest.

If a private company gives a loan to a Trust (which is a Related Party to the Company), with or without interest, which is created for the benefit of Employees, Does this transaction violate the provisions of Companies Act. Please inform me the various Compliance provisions under companies Act and which sections will apply.


Urgent